TEL
AVIV, Israel, Jan. 14,
2025 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:
RDCM) announced today that it has secured a new
multi-year contract with Norlys, the owner of Telia Denmark. This
contract provides Norlys with RADCOM's best-in-class automated
solution - RADCOM ACE - to monitor customer experiences across 5G
and 4G networks.
RADCOM ACE will comprehensively monitor Norlys' entire network
across Denmark, end-to-end, from the radio access network (RAN) to
the core. The RADCOM solution will deliver crucial vendor-agnostic
insights that empower engineers to make informed network
performance and quality decisions. By providing a unified 'single
pane of glass', Norlys can efficiently monitor, analyze, and
troubleshoot network performance, ensuring best-in-class user
experiences for its customers.
"We are thrilled to welcome Norlys as a new customer and partner
in Denmark," said Benny Eppstein, Chief Executive Officer of
RADCOM. "Norlys is renowned for its disruptive and innovative
spirit and customer-centric approach to business. As they deploy
their new mobile network, our automated assurance solution is
designed to give them real-time insights, enabling Norlys to ensure
outstanding customer quality. This collaboration aims to strengthen
their position as a leading mobile operator in Denmark with the highest network quality."
"Following Norlys' recent acquisition of Telia Denmark, which closed in April 2024, we aim to offer customers in
Denmark the best network and most
innovative services as we seek to disrupt the mobile marketplace in
Denmark," said Daniel Askeroth, Chief Technology Officer of
Norlys' Networks and Infrastructure. "We want to fulfill our
commitment to deliver top-quality services on the best network
while leveraging the opportunities offered by 5G and beyond and,
therefore, have partnered with RADCOM."
The RADCOM solution provides Norlys with an automated
Performance Monitoring/Management system enhanced by artificial
intelligence and machine learning. This enables faster issue
resolution, optimizes engineering resources, and ensures proactive
maintenance of service quality across the network. Additionally,
the solution integrates seamlessly with other systems to enhance
customer experiences and enable proactive complaint management
while reducing costs. Furthermore, its advanced RAN analysis
delivers precise, real-time insights into RAN network performance
around the clock, enabling accurate identification of user
experience issues and reflecting subscribers' experiences
faithfully.
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 with 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", "will", "plan", 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
potential benefits of its solutions and the expected results of
utilization thereof, 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 demand for the Company's products,
inability to timely develop and introduce new technologies,
products, and applications, loss of market share and pressure on
prices resulting from competition and the effects of the war in
Israel. 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
msegal@ms-ir.com
Company Contact:
Hadar
Rahav
CFO
hadar.rahav@radcom.com
+972-77-7745062
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SOURCE RADCOM Ltd.
