Monday 5 February 2018

GLOBECOMM ANNOUNCES ROBUST ORDERS YEAR TO DATE FOR FISCAL YEAR 2018

HAUPPAUGE, N.Y., Feb 2 (Bernama-GLOBE NEWSWIRE) -- Globecomm, a leading service provider of multi-network communications solutions, today announced year to date orders valued at over $130 million for fiscal year 2018, which began July 1, 2017. Orders from new customers as well as renewals and expansions contributed to robust growth across its Government, Media, Telecom, Enterprise, and Oil and Gas segments.

Globecomm's new projects for the U.S. government include IPTV services (Globecomm's state-of-the-art content delivery platform), wireless services, and SATCOM engineering solutions. Innovative solutions such as Vector - Globecomm's cloud-based, virtualized video headend solution - and Ka-band broadcast uplink facilities have driven growth with major broadcasters. Globecomm has also experienced rapid growth in demand for the company's Internet of Things ("IOT") Asset Tracking solutions. Thanks to its continued focus on customer satisfaction, the company has received significant contract extensions and add-ons.
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