BroadForward Reports 30% Revenue Growth in 2024, Driven by Increased Adoption Among Tier-1 Mobile Operators

Amersfoort, 19 November, 2024 – BroadForward, a global leader in intelligent signaling solutions, anticipates a remarkable 30% surge in revenue for 2024, driven by a growing base of tier-1 mobile operators adopting BroadForward’s virtualized, multi-technology signaling platform. The demand reflects the industry’s shift towards virtualization and the growing need for solutions that seamlessly support signaling across 2G, 3G, 4G, and 5G networks.

In particular, leading mobile operators are selecting BroadForward’s software to deploy and manage STP, DRA, SEPP, SCP, and Firewalls in various environments – whether bare metal, virtualized, or containerized.

The rising adoption of BroadForward’s solutions reinforces its strategic position in delivering scalable, interoperable signaling across multiple generations of mobile networks. These solutions help operators optimize their signaling architecture, reduce operational costs, and adopt future-proof technologies that run on the most modern environments – even for legacy systems like STP. This enables operators to maintain long-term growth and foster ongoing innovation.

“This growth, and the addition of several tier-1 operators, validate our commitment to delivering intelligent, future-proof signaling solutions,” said Taco Schoute, CEO of BroadForward. “We are one of the few vendors offering a unified signaling approach across all network generations, enabling operators to future-proof their infrastructure while lowering costs and addressing complex network needs. As operators transition to 5G, our multi-technology signaling solutions are becoming critical to their strategies for greater efficiency and scalability.”

Also see: The BroadForward Replacement Program offers service providers very attractive options to replace their legacy DSC or STP.