Predict your next investment

MOBILE & TELECOMMUNICATIONS | Telecom Services
ttswireless.com

See what CB Insights has to offer

Founded Year

1997

Stage

Acquired | Acquired

Valuation

$0000 

About TTS Wireless

TTS Wireless is a privately-owned provider of mobile network engineering services, specializing in network optimization, planning, and software-enabled solutions.

TTS Wireless Headquarter Location

7901 Stoneridge Drive Suite 500

Pleasanton, California, 94588,

United States

925-224-7812

Latest TTS Wireless News

5G investment drives steady FY19 for Amdocs

Nov 13, 2019

Telecoms software specialist Amdocs saw steady growth in FY19 as telcos around the world contracted the supplier to help them upgrade their infrastructure, particularly as they transition from fourth generation (4G) to fifth generation (5G) mobile data networks (see our report 5G: Opportunities in Next Generation Mobile Networks ). The company’s global revenue expanded 4% year on year in constant currency to US$4.1bn (helped by the acquisition of network optimisation specialist TTS Wireless) with net income accelerating 35% yoy to US$479m. The outlook for FY20 looks good too. The US side of business (which accounts for almost two thirds of Amdocs’ total global turnover) was lifted by a multi-year extension to the company’s long standing collaboration with AT&T aimed at upgrading and expanding the telco’s fifth generation (5G), cloud, analytics and security infrastructure. Similar IT transformation contracts with Three in Ireland, Altice Portugal, Sky Italia, Vimpelcom in Russia and Vodafone Germany should boost Amdocs’ European revenue, up from US$572m in FY18 to US$599m in FY19 having grown to represent 15% of the total. Packaged SD-WAN solutions have grown to occupy an increasingly big part in Amdoc’s portfolio after deals with Comcast (see our report SD-WAN Builds New Service Models for Network Providers ). But it is the significant investment that telcos and mobile operators around the world are putting into 5G that we expect to really drive Amdocs’ business over the next five years.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.