Allot Ltd. secured a multi-year agreement with a Tier-1 telecom operator for cybersecurity and network intelligence solutions.
Quiver AI Summary
Allot Ltd. has announced a multi-year agreement worth millions of dollars with a Tier-1 telecom operator in EMEA to provide integrated network intelligence and cybersecurity solutions for their mobile and fixed networks. The deal includes Allot Smart solutions for traffic management, policy control, network visibility, and various cybersecurity services, including DDoS protection. This agreement is significant for Allot, marking its largest customer win in five years and supporting its expansion of security and network intelligence in the region. The solutions will be built on the newly launched SG Tera-III platform, aiming to enhance service quality while reducing bandwidth costs and operational expenses for the telecom operator. CEO Eyal Harari expressed excitement about this partnership and its alignment with Allot's "security-first" strategy.
Potential Positives
- Allot Ltd. has secured a significant multi-year agreement valued at tens of millions of dollars with a Tier-1 telecom operator in EMEA, marking the largest customer win for the company in five years.
- The agreement enhances Allot's market presence in the EMEA region, aligning with its strategy to expand its security and network intelligence solutions.
- The integration of Allot Smart solutions and the SG Tera-III platform is expected to generate operational efficiencies for the telecom operator, including reduced bandwidth costs and improved customer experience.
- This partnership demonstrates Allot's capability in providing comprehensive cybersecurity services, reinforcing its position as a leader in the security-as-a-service market.
Potential Negatives
- The announcement highlights reliance on a single Tier-1 telecom operator as a major win, indicating potential vulnerability if this customer relationship does not succeed or if they switch to competitors.
- The press release includes a caution about potential risks and uncertainties that could impact future performance, which may create concerns among investors regarding the company's stability and growth.
- The mention of lengthy sales cycles and dependency on channel partners raises questions about the company's ability to maintain steady revenue and manage operational challenges in large projects.
FAQ
What is the recent agreement signed by Allot Ltd.?
Allot Ltd. signed a multi-year agreement to provide network intelligence and cybersecurity solutions to a Tier-1 telecom operator in EMEA.
How much is the agreement with the telecom operator worth?
The agreement is valued at tens of millions of dollars, representing a significant win for Allot.
What solutions are included in Allot's offering?
The offering includes Traffic Management, Policy & Charging Control, and cybersecurity services like DDoS protection and anti-botnet solutions.
What platform will the solutions be based on?
The solutions will be based on Allot's SG Tera-III platform, the highest capacity multiservice gateway in the market.
How will Allot's solutions benefit the telecom operator?
Allot's solutions aim to reduce bandwidth costs, defer capacity expansion, lower OPEX through automation, and assure high QoE for customers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ALLT Hedge Fund Activity
We have seen 42 institutional investors add shares of $ALLT stock to their portfolio, and 24 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KANEN WEALTH MANAGEMENT LLC added 920,349 shares (+32.7%) to their portfolio in Q1 2025, for an estimated $5,255,192
- QVT FINANCIAL LP added 482,062 shares (+15.0%) to their portfolio in Q1 2025, for an estimated $2,752,574
- RENAISSANCE TECHNOLOGIES LLC removed 337,790 shares (-26.3%) from their portfolio in Q1 2025, for an estimated $1,928,780
- ACADIAN ASSET MANAGEMENT LLC added 308,247 shares (+80.4%) to their portfolio in Q1 2025, for an estimated $1,760,090
- MARSHALL WACE, LLP removed 305,076 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,741,983
- CAPTION MANAGEMENT, LLC removed 290,150 shares (-51.7%) from their portfolio in Q1 2025, for an estimated $1,656,756
- WALLEYE CAPITAL LLC removed 286,434 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,635,538
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Full Release
Hod Hasharon, Israel, July 07, 2025 (GLOBE NEWSWIRE) --
Allot Ltd
. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers and enterprises, today announced that it has signed an agreement valued at tens of millions of dollars to provide an integrated network intelligence and cybersecurity solution to a Tier-1 telecom operator in EMEA for their converged mobile and fixed network.
The multi-year agreement includes Allot Smart solutions for Traffic Management, Policy & Charging Control, Network Visibility and Analytics and a set of cybersecurity services including DDoS attack protection, anti-botnet and reputation protection. The solution will be based on the recently launched SG Tera-III platform, the highest capacity multiservice gateway in the telecommunications market.
“This is a major customer win for Allot, the largest in five years, and is pivotal in our journey as we continue to expand our security and network intelligence presence across EMEA” said Eyal Harari, CEO of Allot. “We are excited with this new partnership as we leverage our unique technological advantages and core expertise to support all customer requirements as we progress with our ‘security-first’ strategy.”
The integrated Allot solutions will offer services, including cybersecurity services, for fixed fiber as well as mobile 5G and 4G networks, on a unified service gateway platform. The combination of solutions to be provided by Allot are designed to reduce the telecom operator’s access bandwidth costs, defer capacity expansion, cut OPEX through automation and assure high QoE for the operator’s customers.
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Additional Resources:
Allot Blog:
https://www.allot.com/blog
Telco CyberTalk Podcast:
https://www.allot.com/resources/podcasts
Follow us on Twitter:
@allot_ltd
Follow us on LinkedIn:
https://www.linkedin.com/company/allot-communications
About Allot
Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally.
Allot. See. Control. Secure.
Forward-Looking Statement
This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
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