Israel’s Allot Communications Ltd., a global supplier of service optimization and revenue generation solutions for fixed and mobile broadband operators and cloud providers, has received expansion orders of over $5 million from two Tier-1 mobile operators for the Allot Service Gateway Tera for delivering value-added services to the Operators’ subscribers.
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The company also announced that it will reveal its third quarter earnings in a conference call scheduled for November third.
The key offering enabled by Allot, it stated, is a virtualized security service which protects subscribers and boosts ARPU. This follows a $15 Million expansion order from another major Tier-1 operator that was announced recently for the Allot Service Gateway Tera and associated value-added services.
Allot states that its Gateway Tera is a high-performance DPI-based platform built to power the deployment of Digital Lifestyle Services in fixed and mobile data networks that are on the path to software-defined networking (SDN) and cloud-based network services (NFV).
It provides a unified framework for both physical and virtual service deployment across any access network, serving as a single point of integration for Allot-bundled services including real-time traffic management, video optimization, policy enforcement, application-based charging, security services such as Parental Control/Safe Browsing and Anti-DDoS, as well as value-added services (VAS) from other leading vendors.
The platform is purpose-designed to allow operators to enable easy migration from physical service deployment to NFV environments and to deploy services rapidly and efficiently. On a physical network, Allot Service Gateway Tera supports a flexible range of 100GE and high-density 10GE deployment requirements.
“We are pleased to see our Allot Service Gateway Tera continue being adopted and gaining momentum among the world’s top operators for delivering digital lifestyle services, ” said Gary Drutin, Chief Customer Officer of AllotCommunications. “Allot sees a substantial opportunity for service delivery to operators’ subscribers. This will continue to be a growth engine for Allot since operators are always looking for new ways to monetize their assets.”
According to a report on Friday in TheStreet.com, Allot has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $2.8 million. It traded 65, 859 shares Friday, at a new low of 6.17% below Thursday’s close.