Comtech Telecommunications Corp. Wins Strategic $5.5 Million Contract to Provide Virtualized Mobile Location Platform to Global Telecommunications and Media Company
Summary
MELVILLE, N.Y.--( BUSINESS WIRE )--November 1, 2018 -- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today, that during its first quarter of fiscal 2019, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, was awarded a strategic multi-year contract valued at approximately $5.5 million from a global telecommunications and media company.“This competitively awarded contract is an expansion of a long-standing customer relationship and elevates our competitive position in the telecommunications industry,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “We remain committed to staying ahead of the technology curve and look forward to supporting the development of new and existing LBS offerings with this customer for years to come.”The Enterprise Technologies group of Comtech Telecommunications Corp. is a leading provider of precise device location, mapping and messaging solutions.Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message.Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions.