68% of Mobile Executives Believe Their Network is not Fast Enough

Herzlia, Israel, July 9, 2013 – In a survey among participants at LTE World Summit, Flash Networks, the leading provider of mobile Internet optimization and monetization solutions, revealed that while 50% of the executives surveyed rated their network as “very fast” (20mps or faster), 68% of respondents believed that their network was still not fast enough.

When executives were asked what rate of acceleration would make it worth their while to invest in technologies to boost their network’s speed, over 70% said they would be satisfied with as little as 20% acceleration.

“At Flash Networks, we find these results especially interesting as our TCP-4TE LTE acceleration solution boosts network speed by up to 50%, and sometimes even more, without any investment in additional network infrastructure – far exceeding operators’ expectations,” said Merav Bahat, Vice President of Marketing and Business Development at Flash Networks. “The results confirm our belief that operators are prepared to do whatever it takes to win the race to be the fastest.”

In fact, 64% of respondents indicated that they plan to implement technology to speed up their network within the next two years. These findings are consistent with a Computerworld survey published last month, reporting that all four of the largest U.S. wireless carriers are planning to invest in LTE advanced in order to boost speeds even further.

In addition, 75% of respondents believe that speed is an important competitive advantage. Mentioned almost twice as often as price or coverage, speed was considered a primary consideration when subscribers select a mobile operator.

About Flash Networks
Flash Networks, the leading provider of mobile Internet optimization and monetization solutions, enables operators to boost network speed, optimize video and web traffic, and generate over-the-top revenues from the mobile Internet. Sitting at the core of the network, Flash Networks’ Harmony Mobile Internet Services Gateway accelerates LTE networks by 50% and reduces web and video traffic data by 30%, while providing operators with in-depth traffic analytics and user insights. In addition, with Harmony, operators can engage with their subscribers by offering an enhanced browsing experience while generating revenues from search, over-the-top content, and targeted advertising.

With offices in North America, Europe, Latin America, and Asia, Flash Networks services over 600 million subscribers daily and is proud to count among its customers top-tier mobile carriers including Orange, Verizon Wireless, SingTel Group, MTS, T-Mobile, South Korea Telecom, and Telekom Austria Group. For more information, visit www.flashnetworks.com.

Contact Information:
Naomi Rabbie
Flash Networks
Phone: +972-9-961-0841
Mobile: +972 54-7744539
naomir@flashnetworks.com
www.flashnetworks.com

Monica Maron
Spicetree Communications
Mobile: +972-54-5429529
monica.maron@spicetreecom.com
www.spicetreecom.com