Sandvine secures $5 million in service agreements from two companies

TORONTO – Tech company Sandvine (TSX:SVC) says it has received more than $5 million of orders from two unnamed Internet service providers.

The deals expand the use of Sandvine’s network traffic management and analytics systems at the two companies which are already customers.

Sandvine says one deal is with a Western European operator group with more than 50 million broadband and mobile subscribers.

The second agreement is with a unnamed company that offers Internet access in Africa with roughly one-million fixed line subscribers and has been a Sandvine customer since 2008.