STOCKHOLM, SWEDEN: Enea AB has signed a three-year settlement for 5G core community applications and Wi-Fi Service administration options with a North American Tier-1 mobile community operator.
Enea will present an clever 5G APN assignment application and a 5G Standalone mediation function for all subscribers within the customer’s mobile network.
Enea will as a half of this settlement additionally present a safety gateway authentication function for the customer’s small cell community in addition to an answer for safe nationwide and high-capacity stadium Wi-Fi services.
The agreement, which covers new enterprise with an existing customer, includes software program licenses, skilled services, in addition to support and maintenance. Software licenses corresponding to a worth of USD 2.8 million are booked within the primary quarter of 2022, whereas remaining revenues are acknowledged over the full contract period. The total deal worth quantities to USD 5.1 million.
“We have in recent years expanded each product portfolio and buyer base, through a mixture of personal development and strategic acquisitions. The new 5G and Wi-Fi contract shows the strength of our product providing and is a transparent proof-point of new enterprise through synergies in sales,” says Jan Häglund, President and CEO of Enea.
Enea’s 5G applications and Wi-Fi service administration merchandise serve hundreds of millions of subscribers throughout the world. The software program is cloud native and is commercially deployed on a number of platforms, together with public cloud providers. Enea’s software program applications support the newest 4G, 5G, and Wi-Fi standards.
Enea is one of many world’s main specialists in software program for telecommunications and cybersecurity. The company’s cloud-native merchandise are used to allow and protect services for mobile subscribers, enterprise customers, and connected devices. More than 4.5 billion people depend on Enea applied sciences of their daily lives. Enea is headquartered in, and is listed on Nasdaq Stockholm.
www.enea.com