TTI Telecom Q3 results still down

TTI Team Telecom International posted total revenues of $10.3 million in the quarter that ended September, dipping 18.9% year-on-year from $12.7 million.
Sequentially, revenues were also 3.7% lower than the $10.7 million posted in the previous quarter.
Chairman and CEO Meir Lipshes said the decline was still due to the continuing recession but that the company was looking forward to its fourth-quarter performance results as it “see(s) an awakening in the market.”
“In preparation, we have decided to accelerate ‎our investment in the building of an LTE (long-term evolution) solution,” Lipshes added.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.