Enea has signed a three-year contract for deployment of a Traffic Management Platform and related software modules for acceleration and optimization with a Tier 1 mobile operator in the Middle East. The minimum contract value is USD 1.3 million.
The contract includes perpetual software licenses and associated services, such as integration, support, and maintenance. License revenues, which account for the larger part of the contract, will be recognized in 2020, starting in the second quarter. Support and maintenance revenues are planned for the full contract period.
Enea is a market leader supporting mobile operators around the world in managing wireless network traffic more efficiently (lower total cost of ownership), and effectively (faster network speeds). The Enea Openwave Traffic Management solutions alleviate RAN congestion and maximize customer quality of experience.
Jan Haglund, President and CEO, Enea
We are uniquely positioned to support customers with software to expand mobile network capacity and to improve network speeds.
