Press Release

Iridium drives revenue through real-time controls with Openet’s Policy Manager

DUBLIN, Ireland – 3rd October 2017 – Openet, a global leader in the supply of real-time BSS (business support systems) and customer engagement systems, today announced that Iridium Communications (Nasdaq: IRDM) has implemented its Policy Manager solution. The solution, Openet’s third deployment with a satellite operator, will allow Iridium to drive revenue by imposing real-time controls on data consumption and time usage across its 66 low-Earth orbiting (LEO) cross-linked satellites.

With the world’s largest commercial satellite constellation, Iridium provides reliable voice and data services to global enterprises for mission-critical activities. The company therefore required a future-proof, dynamic solution to control and monetize network resources by volume in real-time. Its commercial proposition - providing ubiquitous connectivity through reliable, low-latency communications services – also meant that the high availability of Openet’s Policy Manager played an important role in the partnership for Iridium.

Policy Manager allows Iridium to differentiate its users by class (e.g. prepaid vs. post-paid) or types of data (real time streaming vs. non-real time). Openet’s technology also enables Iridium to intelligently control data consumption and time usage. Aligning with Iridium’s core network roadmap, the solution will expand to include other types of policy controls including time of day or geography.

“Openet came highly recommended by our partner network,” said Hermon Pon, vice president of technology development and network engineering at Iridium. “Openet’s highly technical features meet our requirements, allowing us to drive revenue and remain continuously operational which is a key part of our proposition. The company’s agile approach to policy management also allows us to focus each specific use case for data usage when we need it, making the company a dependable technology partner as we continue to future proof.”

“As demand for satellite services and connectivity grow in emerging areas such as enterprise services and IoT, policy management is required to help satellite operators drive revenue and differentiate against competition including cellular and terrestrial networks,” said Niall Norton, CEO, Openet. “This is our third policy deal with a satellite operator, and we have also deployed the solution with a number of fixed broadband providers. The demand for policy controls outside of traditional telecoms networks is growing, and we’re proud to play a key role in helping Iridium evolve within its market.”

 

About Openet

Openet provides solutions and consulting services that enable service providers to fast track their digital journeys. Our real-time solutions provide the digital platform for service providers to be more agile and innovative, helping them engage with their customers to drive new revenues and increase their share of digital spend.

Since its foundation in 1999, Openet has been at the forefront of telecoms software development and innovation. Its success is personified by the many long-term relationships it has fostered with the largest, most progressive, and demanding operators across the globe. For more information visit www.openet.com.

 

About Iridium Communications Inc.

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. The company has a major development program underway for its next-generation network — Iridium NEXT. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the NASDAQ Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services and partner solutions, visit www.iridium.com.

 

For further information please contact:

Aisling Roberts / Anais Merlin

CCgroup

Openet@ccgrouppr.com

T: +44 (0)203 824 9219 

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