Comtech Telecommunications Corp. Awarded $10.1 Million Multi-Year Contract from Major Network Operator for Advanced Location Services Platform
March 19, 2018 at 10:00 AM EDT
MELVILLE, N.Y.--(BUSINESS WIRE)--
March 19, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that during its third quarter of fiscal 2018, its
Enterprise Technologies group, which is part of Comtech's Commercial
Solutions segment, has been awarded a $10.1 million multi-year contract
from a major U.S. mobile network operator for its hosted, advanced
location services platform. The order includes development, deployment,
The Comtech platform leverages its Position Determining Engine (PDE) to
deliver precise location information of devices for applications such as
turn-by-turn navigation, family finder, and remote workforce management.
Secure and completely standards-based, the solution is hosted outside
the operator's network and ensures interoperability across all device
"Network operators require their location services platform to be
reliable, accurate, scalable and secure - and we have delivered on all
fronts," said Fred Kornberg, President and Chief Executive Officer of
Comtech Telecommunications Corp. "We are honored to be chosen by this
customer and believe that this agreement again validates our
industry-leading expertise in deploying advanced location services."
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.