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RADCOM Secures Multi-Year, Eight-Figure Contract Renewal with Major North American Telecom Operator
RADCOM Ltd. (NASDAQ:RDCM) is one of the best telecom stocks to buy according to Wall Street analysts. Earlier in May, RADCOM announced a significant multi-year, eight-figure contract renewal with a leading North American telecommunications operator. The agreement extends the existing partnership and also expands the scope of RADCOM's intelligent assurance services.
RADCOM is expected to optimize network performance and service quality for the operator's infrastructure under the renewed contract. The precise financial terms and the identity of the telecom operator were not disclosed at the time. Although the continuation shows the effectiveness of RADCOM's ACE platform in meeting the demands of large-scale telecom networks.
A professional technician using specialized tools to maintain a modern 5G cell tower.
The ACE platform, which is an automated assurance and analytics solution, uses AI and ML for automated network analysis. RADCOM's Network Intelligence suite, which includes Network Visibility, Service Assurance, and Network Insights, uses smart data collection and ML techniques to provide comprehensive network analysis and troubleshooting.
RADCOM Ltd. (NASDAQ:RDCM) provides cloud-native and 5G-ready network intelligence solutions for communication service providers/CSPs.
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Disclosure: None. This article is originally published at Insider Monkey.
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