Comtech Telecommunications Corp. announces contract renewal for location positioning solutions worth $7.3 Million

Comtech Telecommunications Corp. announces contract renewal for location positioning solutions worth $7.3 Million

 

Comtech Telecommunications Corp. announced today that the Company's Commercial Solutions segment has received a two-year renewal agreement worth $7.3 million with a tier-one North American telecommunications company for the use of a customized location positioning gateway that manages all location requirements and access technologies, including CDMA, GSM, LTE and WiFi. The platform will be extended to include location of Internet of Things (IoT) devices.

 

"We are happy to announce the renewal of this agreement from a long-standing customer and are pleased to support the growth of new revenue streams, including services related to the Internet of Things," said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.

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