Key Developments: Radcom Ltd (RDCM.PH)
2.21USD
14 Dec 2012
$-0.64 (-22.46%)
$2.85
$2.21
$2.21
$2.21
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Latest Key Developments (Source: Significant Developments)
Radcom Ltd Receives Credit Facility
Radcom Ltd announced that it has received a credit facility from the First International Bank of Israel in an amount of USD1.5 million. The facility has an initial six month term and may be renewed for additional periods based on compliance with certain covenants. The facility carries interest rates varying between Libor + 3.25%-4% for USD denominated advances and Prime + 1-2% for NIS denominated advances, and is secured by a floating charge on all of Radcom's assets. The Company will use the proceeds of the facility mainly in order to finance ongoing operations and working capital needs. Full Article
Radcom Ltd Receives $3 Million Contract
Radcom Ltd announced a contract of approximately three million dollars from a Tier 1 telecommunications services operator to purchase RADCOM's Omni-Q Service Assurance Solution for their 2G and 3G network. Full Article
RADCOM Ltd. Expands Deployment Of Mobile Data Service Assurance Solution With APAC Service Provider
RADCOM Ltd. announced an expansion of a transaction with operator in APAC, a member of an international telephony group. This expansion order was received a short time after the deployment of the initial system ordered from RADCOM. The contract expansion is valued at $1.25 million dollars. Full Article
RADCOM Ltd. Wins Strategic Deal With Mobile International Group
RADCOM Ltd. announced that it has received additional orders totaling approximately USD6.5 million from one of Latin America's multinational mobile telecommunications groups. These orders were placed by several of the group's regional operators. Full Article
RADCOM Ltd Closes Deal with International Operator-PR Newswire
PR Newswire reported that RADCOM Ltd has announced a USD 1.5 million expansion with an international operator. This operator has been using RADCOM Ltd's OmniQ solution for next generation networks during the past year, and has decided to expand its RADCOM Ltd deployment. The expansion included both full network coverage, and addition of real-time protocol quality analysis for all calls. In addition, this service provider purchased the QTrace application to help solve problems in real time, and thus improve its customer service and prevent churn. Full Article
RADCOM Ltd. Secures Contract From Telecommunications Operator
RADCOM Ltd. announced that a major global telecommunications operator chose RADCOM to monitor their cellular networks. This order is valued at over two million dollars. Full Article
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