Business
CounterPath Signs $1.8 Million Agreement with North American Tier 1 Service Provider
Service provider to enhance service offerings with CounterPath Bria Softphone and Stretto Pl...
About this update from Newpath Resources Inc
[{"type":"text","content":"CounterPath Signs $1.8 Million Agreement with North American Tier 1 Service ProviderService provider to enhance service offerings with CounterPath Bria Softphone and Stretto Platform™ VANCOUVER, BC / ACCESSWIRE / June 28, 2018 / CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH), a global provider of award-winning over-the-top (OTT) Unified Communications solutions for enterprises and service providers, today announced that it has signed a contract with a North American Tier 1 service provider to offer a solution built on the Bria softphone and Stretto Platform worth a minimum of $1.8 million over a three-year period and is expected to grow as customer uptake increases.Building on the momentum of a previously announced signed contract with an international Tier 1 service provider, CounterPath continues to enhance the offerings for service providers with Bria softphones for end user devices and the Stretto Platform for provisioning, messaging, user analytics and synchronization. The solution transforms cloud unified communications into differentiated offerings that enable an elevated user experience. It is anticipated that CounterPath's solution will be deployed in over six European countries over the next 18 months by the international service provider.The recently signed North American Tier 1 service provider leverages the work with the international service provider and will also use Bria and Stretto for core services that enable a better experience across mobile devices. With its rich experience in developing customized solutions, CounterPath was able to meet specific service provider requirements within a tight timeframe, driving the decision to select Bria and Stretto.\"We are seeing a resurgence of opportunities within North America and EMEA leading the charge,\" said Todd Carothers, EVP of Sales and Marketing at CounterPath. \"With the consolidation happening within our sector, there are additional opportunities driven by service providers that do not want to be inextricably tied to a particular vendor. CounterPath has the solutions and expertise to enable service providers to modernize their operations and maintain market relevance. Our agile, quick-to-market solution deployments, support our customer's efforts to maintain a competitive advantage in this ever-changing, fast-moving environment.\"CounterPath Bria an...