Enea Signs Traffic Management Contract with Tier 1 Operator in Middle East

Enea has signed a three-year contract for deployment of a Traffic Management Platform and related software modules for acceleration and optimization with a Tier 1 mobile operator in the Middle East. The minimum contract value is USD 1.3 million.

The contract includes perpetual software licenses and associated services, such as integration, support, and maintenance. License revenues, which account for the larger part of the contract, will be recognized in 2020, starting in the second quarter. Support and maintenance revenues are planned for the full contract period.

Enea is supporting mobile operators around the world in managing wireless network traffic more efficiently (lower total cost of ownership), and effectively (faster network speeds). The Enea Openwave Traffic Management solutions alleviate RAN congestion and maximize customer quality of experience.

"This new contract confirms our leading position in Video Traffic Management", says Jan Häglund, President and CEO of Enea. "We are uniquely positioned to support customers with software to expand mobile network capacity and to improve network speeds."

Enea is a global software company focusing on software components for telecommunications and cybersecurity, and has development centers and sales offices across Europe, North America and Asia. Three billion people rely on systems with embedded Enea software when they use mobile phones and connect to the Internet.

Data communication solutions have been Enea’s core business since the company was founded over 50 years ago. Enea was the first company in the Nordics to connect to the Internet, and received Sweden’s first email.

Enea also registered Sweden’s first Internet domain, and in the early stages of the Internet, was the hub for all Internet traffic in Sweden. Enea has been a pioneer in the emergence of the Internet and mobile data communication.