Openet’s 2010 revenue was up by more than 60% over 2009, with a CAGR of 55% through two years.
New devices and higher speed technologies have combined to generate real-time transaction management and network congestion challenges that drew attention in 2010.
Openet secured or furthered strategic partnerships with Cisco, Allot and VPI Systems, and landed customers in South Africa, Indonesia, Brazil and the Netherlands.
The company also announced European customer wins with Orange France and Meteor for policy and charging/rating, respectively.