Allot Ltd (NASDAQ:ALLT), a provider of network intelligence and security-as-a-service solutions, announced Tuesday that MEO, the telecommunications arm of Altice Portugal, has chosen to adopt its Allot Secure platform.
MEO, the largest fixed broadband and mobile service provider in Portugal, opted for the Allot Secure Solution, which pairs NetworkSecure mass-market network security with EndpointSecure remote protection.
The combined solution is designed to protect MEO users at any time on any network. It shields users from threats such as malware, phishing, ransomware and crypto-mining, all without requiring users to install anything themselves.
“Altice MEO required a mature, unified solution that combined network and endpoint cybersecurity for their customers,” Allot VP of Strategic Accounts and Cyber Security Hagay Katz said. “Our unified Allot Secure solution is a perfect fit. With our revenue sharing partnership, MEO can maximize their [average revenue per user] while strengthening their brand and increasing loyalty.”
Subscribers to the Allot NetworkSecure platform will pay a fee that gets split between Altice MEO and Allot.
“Our millions of mobile users are in need of a proven and hassle-free security solution,” Altice Portugal/MEO Director of Consumer Products Tiago Silva Lopes said. “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.”
Allot, based in Israel, provides multi-service cybersecurity platforms that are deployed by more than 500 mobile, fixed and cloud service providers and over 1,000 enterprises. The company said its Security-as-a-Service solution has reached 50% penetration with some service providers and is used by more than 23 million subscribers in Europe.
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