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Radcom halves loss in Q4, sees demand for 5G offerings in 2021


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Radcom halves loss in Q4, sees demand for 5G offerings in 2021
Wednesday 17 February 2021 | 14:10 CET | News
Radcom halved its net loss and raised revenues in the fourth quarter, boosted by a prudent management of expenses and the company s growth strategy. The company recently launched 5G assurance platform Radcom Ace and bolstered the introduction with a multi-year deal with Rakuten Mobile. It sees rising demand this year for its 5G offerings and expertise as more operators transition to 5G and the first advanced standalone networks start rolling out. The company will therefore continue in 2021 to invest in product development, sales and marketing, and is guiding for 2021 revenues increasing to ....

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