Globecomm Unveils Low-Cost LTE Hosted Network Solutions at CTIA Wireless 2012
Affordable LTE core and radio network demonstrated for carriers
HAUPPAUGE, N.Y.--(BUSINESS WIRE)-- Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today that it will launch a time and cost-saving 4G solution for carriers at CTIA 2012. The company will host a live end-to-end demonstration of the solution at the Globecomm Booth (#2860).
The 4G hosted switching solution significantly reduces the requisite time, money and manpower to initiate or convert to a 4G business, enabling operators to more easily create LTE networks and deploy Voice over LTE and other IMS related services.
Globecomms hosted 4G solution provides a unique, affordable converged packet gateway solution that resides in the operators home market and breaks out IP traffic to the local Internet Service Provider (ISP) of their choice, which is often the operator itself.
This solution allows carriers to limit the use of expensive transport to the core network and maximize profitability of the service, without compromising network security, control, visibility or reliability. Globecomm (GCOM) can also help even the smallest operator launch advanced LTE services by providing network and RF planning, UE user devices, eNodeB radio gear, backhaul solutions, converged packet gateway, LTE core, NOC and network management tools, as well as the expertise to break out Internet traffic, deep packet inspection technology, billing, security, and regulatory compliance and systems support. Globecomms cost-effective solution gives carriers more options to develop flexible network and product offers and gain greater control over their own 4G wireless futures.
Globecomm is a full-service GSM/ CDMA/UMTS/LTE mobile technology and wireless technology provider, offering 2G/3G/4G services and products including voice, high speed Internet, SMS, MMS, voicemail, prepaid and post-paid billing and a forward path to the next generation. The Company specializes in solving the operational and business problems of serving low-density and remote areas, deploying advanced services on legacy cellular networks, restoring service and providing secured communications on short notice.
Andrew Silberstein, Senior Vice President and General Manager of Globecomm Services, said: LTE network technology is rapidly advancing to meet exploding data demand and introduce new data applications, yet smaller operators are often stuck upfront making risky investment decisions with specific vendors and face years of expensive upgrades and support costs. The capabilities made possible by our hosted switching solution solve cost and risk problems and open new markets for our customers while helping them rapidly expand their networks and drive new revenue generating services to their customers.
Visit Globecomm at CTIA 2012 Booth 2860 for a live, end-to-end demonstration and enter to win an Apple iPad.
About Globecomm Systems
Globecomm Systems Inc., or Globecomm, is a leading global provider of satellite-based managed network solutions. Employing our expertise in emerging communication technologies we are able to offer a comprehensive suite of system integration, system products, and network services enabling a complete end-to-end solution for our customers. We believe our integrated approach of in-house design and engineering expertise combined with a world-class global network and our 24 by 7 network operating centers provides us a unique competitive advantage. We are now taking this value proposition to selective vertical markets, including government, wireless, media, enterprise, and maritime. As a network solution provider we leverage our global network to provide customers managed access services to the United States Internet backbone, video content, the public switched telephone network or their corporate headquarters, or government offices. We currently have customers for which we are providing such services in the United States, Europe, South America, Africa, the Middle East, and Asia.
Based in Hauppauge, New York, Globecomm Systems also maintains offices in Maryland, New Jersey, Virginia, the Netherlands, South Africa, Hong Kong, Germany, Singapore, the United Arab Emirates and Afghanistan.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on management's current expectations and observations. You should not place undue reliance on our forward-looking statements because the matters they describe are subject to certain risks, uncertainties and assumptions that are difficult to predict. Our forward-looking statements are based on the information currently available to us and speak only as of the date of this press release. Over time, our actual results, performance or achievements may differ from those expressed or implied by our forward-looking statements, and such differences might be significant and materially adverse to our security holders.
We have identified some of the important factors that could cause future events to differ from our current expectations and they are described in our most recent Annual Report on Form 10-K, including without limitation under the captions ''Risk Factors'' and ''Management's Discussion and Analysis of Financial Condition and Results of Operations,'' and in other documents that we may file with the SEC, all of which you should review carefully. Please consider our forward-looking statements in light of those risks as you read this press release.
For Globecomm Investor Relations information, please contact:
Matthew Byron, 631-457-1301
Senior Vice President, Corporate Office IR/M&A
Globecomm Systems Inc.
45 Oser Avenue
Hauppauge, NY 11788
Phone: 631-231-9800; Fax: 631-231-1557
Source: Globecomm Systems Inc.Copyright Business Wire 2012