Comtech Telecommunications Corp. receives $3.6 million renewal from Fortune 500 company for advanced location platform

Comtech Telecommunications Corp. receives $3.6 million renewal from Fortune 500 company for advanced location platform

December 17, 2018

 

Comtech Telecommunications Corp. announced today, that during its second quarter of fiscal 2019, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has received a two-year renewal agreement worth $3.6 million for use of its Location-Based Services (LBS) platform for a Fortune 500 company doing business in the telecom industry.

 

Comtech's location technology allows authorized users to locate and track mobile devices and monitor specific areas of interest. The LBS platform can be used to support a wide variety of use cases including location accuracy testing, public safety, network optimization and big data analytics.

 

“We are happy to extend this contract for another two years, providing continued access to accurate and secure location-based services for a number of mobile applications,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.“This customer is a highly valued industry partner and we look forward to continuing our long and fruitful collaboration.”

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