SOURCE: BroadHop, Inc.

BroadHop, Inc.

February 09, 2011 09:16 ET

BroadHop Announces 12 New Customer Wins for Market Leading Quantum Network Policy Suite in 2010

Company Delivers 80% Annual Growth With New Service Velocity and Massive Policy Platform Scalability Driving Adoption by Tier 1 Operators

DENVER, CO--(Marketwire - February 9, 2011) - BroadHop, Inc., the leader in next generation policy control platforms for telecom operators, reported overwhelming demand for its advanced next generation policy management platform, Quantum Network Suite, and record financial results. The Company continues to see explosive growth primarily in Europe, Middle East, Africa and Asia Pacific markets where it has secured 12 Quantum Network Suite customers since the platform's launch in February 2010 as service providers look to deploy new policy-enabled services and applications. As a result, the company reported record results, with revenue growing by more than 80% in FY2010.

Introduced at last year's Mobile World Congress, Quantum Network Suite is the industry leader in scalability and flexibility:

  • Quantum shattered the previous competitive benchmark by a factor of 20x, demonstrating 20 million concurrent policy-enabled mobile sessions using a 10U NEBS compliant blade server.

  • Demonstrated "touchless" new mobile policy-enabled service delivery requiring no new code development -- reducing time to deliver new services from months to days.

The architectural and scalability breakthrough Quantum delivers make it the only platform capable of the extreme scaling required by Tier 1 mobile carriers, while delivering market agility and cost certainty to CSPs.

BroadHop's service provider customers are leveraging the power and flexibility of the Quantum Network Suite platform to deploy unique services and revenue generating "Policy 2.0" applications:

  • A Tier 1 Operator in the Middle East selected Quantum to deliver differentiated services to customers on both its mobile and fixed networks, delivering unique and personalized services to over 20 million subscribers.

  • A top-tier mobile operator in Asia Pacific is delivering unique prepaid and postpaid data services to its iPad and Smartphone customers, including unique subscriber-configurable social networking services, enabling premium services and zero rating on user-selected social sites.

  • The largest cable network operator in the Indian Subcontinent deployed Quantum to deliver unique and differentiated fixed and mobile services to millions of subscribers, enabling user self-provisioning and service selection in real time.

  • A U.S. based mobile MVNO selected Quantum to deliver unique ad-sponsored mobile data service, enabling subscriber access to unique 3rd party content and services -- and new sources of revenue for the mobile operator through content monetization.

  • A Tier 1 CSP in Asia Pacific selected Quantum to deliver user self-provisioned policy-enabled content services over the largest fiber broadband in the region, with FMC services currently in development on the mobile side.

"Quantum was a major success in 2010, enabling our CSP customers in highly competitive markets to drive Policy 2.0 Apps-focused initiatives as a critical component to creating new revenue opportunities and delivering differentiated and more personalized services to their subscriber customers," said Bill Diotte, CEO and President of BroadHop Inc. "This strong demand from top-tier mobile and fixed CSPs is a testament to BroadHop's advanced platform technology and its proven impact on a carrier's bottom-line."

About BroadHop, Inc.
Deployed by more than 70 telecom service providers serving more than 300 million subscribers in 30 countries, BroadHop's advanced next-gen policy management solutions enable service providers to control network resources in real time, monetize new services and applications, and deliver personalized, identity-based services in wireless and wireline networks. BroadHop products enable service providers to deliver converged applications, content and services over multi-access networks, so they can quickly build new revenue streams, reduce operating expenses, and create competitive advantage in their markets. For more information on BroadHop and its products, visit www.broadhop.com or follow the company on http://twitter.com/broadhop.

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Contact Information

  • Media & Industry Analyst Contacts:

    Jennifer Abelson
    Abelson Group for BroadHop, Inc.
    +1 917-445-4454
    Email Contact

    Ilona Mohacsi
    Abelson Group for BroadHop, Inc.
    +1 631-764-3729
    Email Contact