MELVILLE, N.Y. –
August 14, 2018– Comtech Telecommunications Corp. (Nasdaq: CMTL),
announced today that its Enterprise
Technologies group, which is part of Comtech’s Commercial Solutions
segment, has been awarded multi-year contract renewals worth $19.5
million for various services and applications related to its virtual
short messaging service center (vSMSC), of which $14.2 million was
received during its fourth quarter of fiscal 2018. The renewals were
secured through a global telecom partner.
“We are pleased to continue this longstanding partnership that allows us
to provide highly reliable and differentiated messaging services and
applications for global mobile operators,” said Fred Kornberg, President
and Chief Executive Officer of Comtech Telecommunications Corp. “Mobile
messaging continues to be one of the most frequently used features among
today’s consumer. It’s therefore important that the vSMSC provide the
best possible experience operator messaging can offer, to influence
subscriber loyalty and satisfaction.”
Established through our global channel partnership, Comtech’s vSMSC
provides a high-capacity, operator-grade, multiprotocol SMS delivery
application to support both traditional networks, as well as new IMS/LTE
networks. The application is highly interoperable and serves as the
inter-carrier messaging foundation for a wide variety of applications
and technologies.
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.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20180814005089/en/
Media:
Michael D. Porcelain, Senior Vice President and Chief
Financial Officer
631-962-7000
[email protected]
