AT&T Renews its Multi-Year Assurance Contract with RADCOM
RADCOM Ltd. (NASDAQ: RDCM) has renewed its multi-year contract with AT&T Services, ensuring continued provision of automated service assurance for AT&T’s cloud network. This partnership enables RADCOM to deliver crucial network performance and service quality enhancements essential for telecom operators transitioning to 5G. RADCOM specializes in network intelligence solutions, offering advanced technologies for network analysis, troubleshooting, and customer experience monitoring. The company emphasizes its commitment to innovation in 5G readiness, while cautioning about potential risks associated with its forward-looking statements.
- Renewed multi-year contract with AT&T Services, ensuring continued business relationship.
- Provides automated service assurance crucial for AT&T's cloud network performance.
- Strengthens RADCOM's position in the 5G ready network intelligence market.
- Forward-looking statements indicate risks such as demand decline for products and market share loss.
- Potential competition pressures may affect pricing and market position.
TEL AVIV, Israel , April 7, 2022 /PRNewswire/ -- RADCOM Ltd. (NASDAQ: RDCM), today announced that it has renewed its multi-year contract with AT&T Services, Inc. With this renewal, RADCOM will continue its relationship with AT&T, providing automated service assurance for its cloud network to ensure the network performance and service quality.
About RADCOM
RADCOM (NASDAQ: RDCM) is the leading expert in 5G ready cloud-native network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "expect," "believe," or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses the continuation of its relationship with and providing services to, AT&T, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
For all investor inquiries, please contact:
Investor Relations:
Miri Segal
MS-IR LLC
917-607-8654
msegal@ms-ir.com
Company Contact:
Hadar Rahav,CFO
+972-77-774-5011
hadar.rahav@radcom.com
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SOURCE RADCOM Ltd.
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