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Comtech Telecommunications announces location-based solutions contract renewal worth $2.8M

Dec. 01, 2016 11:24 AM ETComtech Telecommunications Corp. (CMTL) StockBy: Niloofer Shaikh, SA News Editor
  • Comtech Telecommunications Corp. (NASDAQ:CMTL) announced that in 2Q17, Commercial Solutions segment has received a renewal agreement worth $2.8M for use of its Xypoint Location Platform, providing precise location for a major mobile network operator.
  • “We are pleased to announce this renewal that will support the continued roll out of services during the remainder of this three year agreement,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications.
  • Press Release

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