24/7 Market News Snapshot 07 July, 2025 – Allot Ltd. Ordinary Shares (NASDAQ:ALLT)
DENVER, Colo., 07 July, 2025 (www.247marketnews.com) – (NASDAQ:ALLT) are discussed in this article.
Allot Ltd. (NASDAQ:ALLT), a prominent player in the cybersecurity and network intelligence sector, recently announced the initiation of a transformative multi-year agreement with a leading Tier-1 telecom operator. This landmark deal, valued at tens of millions of dollars, marks Allot’s most significant customer acquisition in recent years and underscores the company’s growing market presence.
The partnership is designed to integrate Allot’s advanced cybersecurity and network intelligence solutions into the operator’s mobile and fixed network framework. Key components of this collaboration include Allot’s Smart solutions for Traffic Management, Policy & Charging Control, and Network Visibility and Analytics, alongside robust cybersecurity measures such as DDoS protection and anti-botnet services. Central to this initiative is Allot’s newly launched SG Tera-III platform, which boasts the highest capacity multiservice gateway in the telecom market. This cutting-edge solution is instrumental in managing bandwidth expenses, delaying the necessity for additional capacity, and enhancing operational efficiency through automation, all while maintaining superior service quality for end users.
On the financial front, Allot’s stock showcased a positive trend, opening at $9.115 and currently trading at $9.161, marking an increase of approximately 7.4% from the previous day’s close of $8.530. The trading volume reached 1.30 million shares, indicating heightened investor interest and reinforcing market confidence. Analysts are advised to monitor critical price levels, specifically support around $9.00 and resistance at $9.50, while utilizing technical indicators for insights into future price movements.
Eyal Harari, CEO of Allot, expressed optimism regarding the agreement, emphasizing its significance for Allot’s strategy to bolster its market footprint in security and network intelligence. The collaboration is poised to not only enhance operational capabilities for the telecom operator but also position Allot strategically within the evolving cybersecurity landscape.
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