Assurance, analytics and optimisation firm Teoco has acquired rival Aircom International for an undisclosed sum.
The acquisition of Aircom adds important new customers and expert staff with an understanding of regional differences to Teoco’s portfolio, as well as giving the company a foothold in new regions.
“Additionally, Aircom’s RAN expertise provides insight into a valuable data source for Teoco’s analytics solutions to understand and predict any subscriber’s behaviour, location and service experience,” the company said.
The combined company will serve a global customer base of over 300 communication service provider customers across more than 100 countries from its office locations in over 15 countries.
“Together we will provide a portfolio to address current and emerging challenges such as SON, small cells, geolocation, and the monetization of subscriber data,” said Alwyn Welch, CEO of Aircom International.
With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?
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