HOD HASHARON, Israel, December 1, 2022 — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that, following a deal signed earlier this year, Far EasTone Telecommunications (FET) in Taiwan has launched cybersecurity threat protection and comprehensive content control services for its mobile customers based on the Allot NetworkSecure solution. Allot is partnering with CommVerge for solution integration and on-going local support. FET and Allot will share recurring revenue earned from monthly service fees.
NetworkSecure is a network-based cybersecurity service platform, offering zero-touch, clientless operation, requiring no application installation by the end customer. With NetworkSecure, FET can offer its customers protection from cybersecurity threats, including malware, viruses, phishing and ransomware. An easy-to-use Chinese interface provides branded alerts and reporting that help strengthen brand loyalty.
“FET has continued to introduce new products and services and provide deals with great value to users. The Allot Secure solution provides us with the right tools so that we can offer valuable, contemporary services to our users, while differentiating our brand as a market leader in cybersecurity,” commented Eric Chu, Executive Vice President, Consumer and Home Business Unit at Far EasTone Telecommunications.
“At Allot, we are very pleased that Far EasTone Telecommunications has chosen to join a growing list of CSPs who are deploying Allot Secure for their consumer cybersecurity needs. It is a proven, easy-to-implement and easy-to-use solution that fills a need while generating recurring revenue for the CSP,” said Dr. Weiming Li, Vice President of Sales for APAC at Allot.