Wavelo Secures Four-Year Contract Renewal with EchoStar
Wavelo, a provider of event-driven software solutions for telecom, has secured a four-year contract renewal with EchoStar's Boost Mobile. The renewed partnership extends the relationship established in 2020 when Wavelo launched its cloud-based software platform. Boost Mobile, which offers wireless services covering 99% of the U.S., has been utilizing Wavelo's software for critical ordering, billing, and provisioning functions to enhance customer experience.
The partnership continuation supports Boost Mobile's position as the newest nationwide network in the U.S. Additional details about the contract will be disclosed in Tucows' Q4 2024 management remarks, scheduled for February 13, 2025.
Wavelo, fornitore di soluzioni software basate su eventi per il settore delle telecomunicazioni, ha ottenuto il rinnovo di un contratto quadriennale con EchoStar's Boost Mobile. La partnership rinnovata estende la relazione avviata nel 2020, quando Wavelo ha lanciato la sua piattaforma software basata su cloud. Boost Mobile, che offre servizi wireless coprendo il 99% degli Stati Uniti, ha utilizzato il software di Wavelo per funzioni critiche di ordinazione, fatturazione e provisioning, al fine di migliorare l'esperienza del cliente.
La continuazione della partnership supporta la posizione di Boost Mobile come il più recente operatore di rete nazionale negli Stati Uniti. Ulteriori dettagli sul contratto saranno rivelati nelle osservazioni di gestione di Tucows' Q4 2024, programmate per il 13 febbraio 2025.
Wavelo, proveedor de soluciones de software impulsadas por eventos para telecomunicaciones, ha asegurado la renovación de un contrato por cuatro años con EchoStar's Boost Mobile. La asociación renovada extiende la relación establecida en 2020, cuando Wavelo lanzó su plataforma de software basada en la nube. Boost Mobile, que ofrece servicios inalámbricos cubriendo el 99% de EE. UU., ha estado utilizando el software de Wavelo para funciones críticas de pedido, facturación y aprovisionamiento, mejorando así la experiencia del cliente.
La continuación de la asociación apoya la posición de Boost Mobile como la red nacional más nueva en EE. UU. Se divulgarán más detalles sobre el contrato en los comentarios de gestión de Tucows' Q4 2024, programados para el 13 de febrero de 2025.
Wavelo는 통신을 위한 이벤트 기반 소프트웨어 솔루션 공급업체로, EchoStar의 Boost Mobile과 4년 계약 연장을 체결했습니다. 갱신된 파트너십은 Wavelo가 클라우드 기반 소프트웨어 플랫폼을 출시한 2020년에 시작된 관계를 확장합니다. Boost Mobile은 미국의 99%를 커버하는 무선 서비스를 제공하며, 고객 경험 향상을 위해 주문, 청구 및 공급 기능을 위한 Wavelo의 소프트웨어를 활용해왔습니다.
파트너십 연속성은 Boost Mobile이 미국에서 가장 최근의 전국 네트워크로 자리잡는 것을 지원합니다. 계약에 대한 추가 세부정보는 2025년 2월 13일로 예정된 Tucows의 2024년 4분기 관리 언급에서 공개될 예정입니다.
Wavelo, fournisseur de solutions logicielles basées sur les événements pour les télécommunications, a obtenu le renouvellement d'un contrat de quatre ans avec EchoStar's Boost Mobile. Le partenariat renouvelé prolonge la relation établie en 2020 lorsque Wavelo a lancé sa plateforme logicielle cloud. Boost Mobile, qui propose des services sans fil couvrant 99 % des États-Unis, utilise le logiciel de Wavelo pour des fonctions critiques de commande, de facturation et d'approvisionnement afin d'améliorer l'expérience client.
La poursuite du partenariat soutient la position de Boost Mobile en tant que plus récent réseau national aux États-Unis. Des détails supplémentaires sur le contrat seront révélés dans les remarques de gestion de Tucows' Q4 2024, prévues pour le 13 février 2025.
Wavelo, ein Anbieter von ereignisgesteuerten Softwarelösungen für die Telekommunikation, hat einen vierjährigen Vertragsverlängerung mit EchoStar's Boost Mobile gesichert. Die erneuerte Partnerschaft verlängert die 2020 etablierte Beziehung, als Wavelo seine cloudbasierte Softwareplattform startete. Boost Mobile, das drahtlose Dienste anbietet, die 99% der USA abdecken, hat Wavelo-Software für kritische Bestell-, Abrechnungs- und Bereitstellungsfunktionen genutzt, um das Kundenerlebnis zu verbessern.
Die Fortsetzung der Partnerschaft unterstützt die Position von Boost Mobile als das neueste landesweite Netzwerk in den USA. Weitere Details zum Vertrag werden in den Managementbemerkungen von Tucows' Q4 2024, die für den 13. Februar 2025 geplant sind, bekannt gegeben.
- Secured four-year contract renewal with major customer Boost Mobile
- Maintains stable revenue stream from long-term partnership
- Demonstrates product reliability and customer satisfaction through renewal
- None.
Insights
The contract renewal between Wavelo and EchoStar's Boost Mobile represents a significant business validation for Tucows' software division. In the competitive telecommunications software market, customer retention is important and this four-year extension signals strong product-market fit and customer satisfaction.
The timing is particularly strategic as Boost Mobile continues its network buildout and expansion. By securing a long-term commitment from a major wireless carrier, Wavelo establishes a stable revenue stream for Tucows' software segment. The telecom SaaS market typically operates on high-margin recurring revenue models, suggesting this renewal will contribute positively to Tucows' financial stability and growth prospects.
This partnership carries additional strategic value beyond immediate revenue:
- Provides a high-profile reference customer in the U.S. wireless market
- Demonstrates scalability of Wavelo's platform with a nationwide carrier
- Strengthens Tucows' position in the telecom software sector
The renewal's timing ahead of Tucows' Q4 2024 earnings suggests it could be material enough to impact financial projections and future guidance. Investors should pay close attention to the upcoming management remarks for specific details on the contract's financial terms and potential impact on recurring revenue streams.
New contract extends partnership between Wavelo and inaugural customer, EchoStar's Boost Mobile
The new contract extends the partnership forged in 2020 when Wavelo launched as a cloud-based software platform that empowers telecom providers with flexible, scalable solutions for network and subscriber management. Since then, Boost Mobile has implemented a robust consumer wireless platform leveraging Wavelo's software, enabling critical ordering, billing and provisioning functions for a seamless customer experience.
"Wavelo is pleased to continue its support of Boost Mobile—the newest nationwide network in the
Further information will be provided in Tucows' Q4 2024 management remarks, to be issued Thursday, February 13, 2025, on the Tucows investor site.
About Wavelo
Wavelo, a subsidiary of Tucows (NASDAQ: TCX, TSX: TC), empowers communications service providers worldwide with a suite of cloud-based, data-forward software solutions designed to solve the telecom industry's most persistent challenges. Engineered to provide extraordinary agility and flexibility, our platform seamlessly connects and automates disparate business and operational systems within operators' existing infrastructures. We're redefining telecom operations to help providers focus on providing a transformative customer experience. Learn more at wavelo.com.
About Tucows
Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting (https://ting.com) delivers fixed fiber Internet access with outstanding customer support. Wavelo (https://wavelo.com) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains (https://tucowsdomains.com) manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and ISPs. Hover (https://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on Tucows' corporate website (https://tucows.com).
Tucows, Ting, Wavelo, and Hover are registered trademarks of Tucows Inc. or its subsidiaries.
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SOURCE Tucows Inc.
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