Thursday, Bridgewater Systems (BWC.TO) revealed a three-year contract to provide Verizon Wireless a fully integrated subscriber data management and service control solution. The deal valued initially at $30 million is expected to commence in the fourth quarter of 2008.
Ottawa-based Bridgewater's integrated solution combines Bridgewater's carrier-grade software with third-party hardware and software, and services needed to support data services delivery.
Bridgewater will also provide Verizon expert systems integration and professional services to assist in securing the reliability and resiliency of the IP network in addition to the integrated solution. The service includes network architecture and capacity planning, implementation and support services.
BWC.TO is currently trading at C$3.95 on a volume of 56,750 on the Toronto stock exchange.
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