Comtech Telecommunications Corp. Awarded $1.1 Million Contract Renewal with Tier-One U.S. Mobile Network Operator
On February 17, 2021, Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a $1.1 million contract renewal for its Location Technologies group, which provides maintenance and support for location-based services to a Tier-One U.S. mobile network operator. This renewal underscores the company's long-standing relationship with the operator, emphasizing its expertise in delivering reliable location solutions. As a leader in communication technologies, Comtech continues to cater to mobile operators, government agencies, and enterprises globally, while also navigating potential risks associated with forward-looking statements.
- Awarded a $1.1 million contract renewal, enhancing revenue streams.
- Long-standing relationship with a Tier-One U.S. mobile network operator.
- Expertise in delivering location-based solutions, showcasing company stability.
- None.
February 17, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure and highly reliable location, public safety, navigation, and communication technologies, announced today, that during its second quarter of fiscal 2021, its Location Technologies group, a division of Comtech’s Commercial Solutions segment, was awarded a contract renewal worth
“We are pleased to continue working with this long-standing customer who has leveraged Comtech’s experience to ensure stability and performance of their network,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “Our long track record and expertise in delivering location-based solutions has allowed us to continue to provide multiple service offerings to this mobile network operator.”
The Location Technologies group of Comtech Telecommunications Corp. is a leading provider of precise device location, mapping and messaging solutions for public safety, mobile network operators, and enterprise solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechlocation.com.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.
Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
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