Altice Portugal’s MEO Selects Allot Security as-a-Service Solution to Protect Mobile Users from Cyberattacks
January 21 2020 - 3:05AM
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider
of innovative network intelligence and security-as-a-service
solutions for communication service providers and enterprises,
announced today that Altice Portugal’s MEO, the country’s largest
fixed broadband and mobile service provider, has chosen Allot
Secure, a unified Security-as-a-Service (SECaaS) solution to
protect the company’s mobile users against a broad range of cyber
threats and to provide parental control both on and off-network.
The Allot Secure solution is a first-of-its-kind multi-layered
platform that integrates network-based and endpoint security. The
Allot Secure solution to be implemented by MEO includes the Allot
NetworkSecure mass-market network security platform, coupled with
endpoint security provided by Allot EndpointSecure.
The combined solution enables rapid mass-market user onboarding
for cybersecurity that will protect MEO users anytime and on any
network. Subscribers to the Allot cybersecurity solution will pay a
monthly fee which is shared between Altice MEO and Allot.
Enabled by the unified Allot Secure solution, Altice MEO will
offer its customers a security service to protect them against
emerging cybersecurity threats, including malware, phishing,
ransomware and crypto-mining. Traditional security add-on solutions
offered by operators never gained much traction because they rely
on customers to install the protection themselves. Allot unified
network-based and endpoint cybersecurity delivers effortless,
device-independent end-user security, making it easy for operators
like Altice MEO to deliver these security services directly to
customers. Allot reports that other telecom customers have achieved
double-digit penetration rates with Allot Secure.
NetworkSecure, part of the Allot Secure solution suite, is the
market leader in the growing network-based, mass-market
cybersecurity category, protecting more than 23M subscribers
globally. Coupled with Allot consumer marketing services, the
NetworkSecure solution has been proven to achieve penetration rates
up to 50%.
“Our millions of mobile users are in need of a proven and
hassle-free security solution,” said Tiago Silva Lopes, Director
Consumer Products at Altice Portugal/MEO. “With this in mind,
we selected Allot to offer a mobile service that cannot be bypassed
and removes the burden from our customers by protecting them
wherever they are. This solution also enables parents to be
worry-free about how their children are using their devices.”
“Altice MEO required a mature, unified solution that combined
network and endpoint cybersecurity for their customers,” said Hagay
Katz, VP Strategic Accounts, Cyber Security at Allot. “Our unified
Allot Secure solution is a perfect fit. With our revenue sharing
partnership, MEO can maximize their ARPU while strengthening their
brand and increasing loyalty.”
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Additional Resources:Allot Blog:
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About Allot Allot Ltd. (NASDAQ: ALLT, TASE:
ALLT) is a provider of leading innovative network intelligence and
security-as-a-service solutions for service providers and
enterprises worldwide, enhancing value to their customers. Our
solutions are deployed globally for network and application
analytics, traffic control and shaping, network-based security
services, 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-based security as a
service solution has achieved over 50% penetration with some
service providers and is already used by over 23 million
subscribers in Europe. Allot. See. Control. Secure.
About MEO and Altice MEO is a brand from Altice
Portugal. Founded in 2001 by entrepreneur Patrick Drahi, Altice is
a convergent global leader in telecom, content, media,
entertainment, and advertising. Altice delivers innovative,
customer-centric products and solutions that connect and unlock the
limitless potential of its over 50 million customers over fiber
networks and mobile broadband. The company enables millions of
people to live out their passions by providing original content,
high-quality and compelling TV shows, and international, national,
and local news channels. Altice delivers live broadcast premium
sports events and enables millions of customers to enjoy the most
well-known media and entertainment. Altice innovates with
technology in its Altice labs across the world. Altice links
leading brands to audiences through premium advertising solutions.
Altice is also a global provider of enterprise digital solutions to
millions of business customers. Altice is present in 10 territories
from New York to Paris, from Tel Aviv to Lisbon, from Santo Domingo
to Geneva, and from Amsterdam to Dallas. Altice (ATC & ATCB) is
listed on Euronext Amsterdam.
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 by such forward-looking statements. Important
factors that could cause or contribute to such differences include
risks relating to: acceptance of our products by our reseller and
customer in EMEA, 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; 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 third-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.
Seth Greenberg
Allot
0549222294
sgreenberg@allot.com
Ashley Ray
Fusion PR for Allot
ashley.ray@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1-646-688-3559
Allot@gkir.com
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