Aptilo Rides the Wave of Mobile Operator Wi-Fi Initiatives, Grew Mobile Operator Business by 40% in 2012
STOCKHOLM, April 26, 2013 /PRNewswire/ --
Mobile operators worldwide are building Wi-Fi networks at an unprecedented rate and Aptilo Networks, the leading provider of carrier-class Wi-Fi service management and offloading solutions, is making these Wi-Fi services as secure and accessible as the 3G/4G mobile networks.
Demand among mobile operators for Wi-Fi, as a complement to their 3G/4G mobile networks, has brought huge success to Aptilo. In 2012 Aptilo's revenue grew 40% in the mobile operator segment, maintaining profits even while the company increased staff by 40%. As a result, the Swedish company is well positioned with a leading solution in the center of this rapidly growing market.
"We predicted early on that mobile operators would start building Wi-Fi capacity on a larger scale. We've grown quickly in 2012 both in terms of revenue and personnel, all the while maintaining profits," said Torbjorn Ward, CEO, Aptilo Networks. "Customers appreciate the quality of Aptilo's software and our innovative solutions, all of which are developed in Sweden, and our pipeline is stronger than ever. The service provider Wi-Fi market is still in its infancy and we are well poised to meet the rapidly growing demand from mobile operators worldwide."
With Aptilo's service provider Wi-Fi solution, and the award-winning Wi-Fi offloading solution with SIM Authentication, the user is securely and automatically connected to the Wi-Fi network through the credentials residing on the mobile phone's SIM card. This is a technology used for 3G/4G mobile networks and is now being fully deployed with Wi-Fi. Aptilo's solutions have become very popular among mobile operators since traffic is secured with strong encryption and users are automatically logged-in to the Wi-Fi network when they are in range.
Mobile operators achieve significant cost-savings by moving traffic from the often-congested mobile networks to Wi-Fi networks. Not only do they create a better experience for their customers, but also they increase network capacity quickly, via a network that's less costly to build and operate.
Aptilo reported record revenue for 2012 of 115.2 million SEK (17.7 million USD) with EBITDA of 19.5 million SEK (3.0 million USD).
About Aptilo Networks
Aptilo Networks is a leading provider of systems to manage mobile data services for Wi-Fi, WiMAX and 3G/LTE networks, including mobile data offloading. Aptilo's carrier-class solutions boast pre-integrated authentication, policy control and charging functions to maximize functionality and fast-track deployments while minimizing impact on existing systems. Aptilo's solutions are currently in operation in more than 60 countries. For more information, please visit http://www.aptilo.com
Hillary Call, Public Relations Manager
Aptilo Networks AB
c/o Call Communications
SOURCE Aptilo Networks