TEOCO, a provider of assurance, analytics and optimisation systems for CSPs has signed an agreement to acquire AIRCOM International, a network design and optimisation software provider. The combined company will serve a global customer base of over 300 CSP customers across more than 100 countries from its office locations in over 15 countries.
“The addition of AIRCOM is a turning point for TEOCO”, said Atul Jain, founder and chief executive of TEOCO. “Undoubtedly, the most valuable asset in the communications industry is wireless spectrum. AIRCOM’s market and technology leadership elevates and solidifies TEOCO’s position as a trusted solutions partner to manage the end-to-end process of planning, deploying and operating this precious and finite resource. AIRCOM adds important new customers, and expert staff with unmatched understanding of technology platforms and regional differences.”
The deal represents a strategic opportunity for TEOCO to sell, deliver and support customers in each region of the world. AIRCOM’s RAN expertise also provides insight into a valuable data source for TEOCO’s analytics solutions to understand and predict any subscriber’s behavior, location and service experience.
“The combined company provides deeper and broader expertise to support the emerging needs of operators of all sizes,” said Alwyn Welch, CEO of AIRCOM International. “Our customers will benefit from a market-leading solution portfolio delivered by a preeminent independent supplier with a significantly larger team of world-class experts. Together we will provide a portfolio to address current and emerging challenges such as SON, small cells, geolocation, and the monetisation of subscriber data.”