Astellia, a provider of monitoring solutions for the optimisation of mobile network QoS and QoE, has reported a 31% year-on-year revenue increase to €18.0 million for the first half of 2012.
International revenues represented 86% of the total revenues in the first half of 2012 reaching €15.4 million. In Europe, Astellia signed a contract with a leading Austrian operator and expects to develop new business opportunities in Russia.
In France, H1 2012 revenues were €2.6 million (14% of total revenues). Astellia pursued its long-standing relationships with French operators. The new competitive environment and the deployment of 4G technology could open new opportunities in the coming months.
Christian Queffelec, CEO and co-founder of Astellia commented: “Astellia has had a good first half of the year, driven by a solid order book and our continuous efforts to support international developments. These results also endorse our investment strategy designed to develop quality technological solutions, in tune with the current and future needs of our customers and prospects.
"In addition, our LTE monitoring solution (4G), conceived by our R&D in 2011, is meeting increasing commercial success. In a market where a lot of mobile operators are focused on improving network quality to drive revenues, Astellia is in a strong position to increase its market shares. Finally, with €23 million in order book, we have started a dynamic second half of the year, in line to achieve our annual goals”.