Tier 1 European Communications Group Picks Allot To Protect Consumer, Small Business From Cyberthreats

A Tier 1 European communications group, with operating units in the EU and North America, inked an agreement with Allot Ltd ALLT for cybersecurity services.
Allot will enable their operating units to offer cybersecurity services to consumer and small and medium-sized business (SMB) customers based on its HomeSecure, BusinessSecure, and an endpoint security application.
It will entail a recurring monthly fee from the actual number of subscribers using the cybersecurity solution.
Price action: ALLT shares traded higher by 1.57% at $20.10 in the premarket on the last check Thursday.