Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Neil Weiner – Foxhill Capital Partners.
Neil Weiner – Foxhill Capital Partners
Nice to see a profit in these times. I just want to delve into a couple of things and try to understand the drivers of what's going on in MOV. Are you having trouble with 3G contracts or other broadband services? Where is the weakness coming from?
Evan Kaplan
It came actually from both places and to be more specific there were a number of large deals in the quarter, certainly in the single digit, about half of them having a significant 3G component that just got stretched out on contract turn. People went back and reviewed utilization, got to the CIO's desk and didn't get final commitment and went back for review again. Those kinds of situations and it's across the general Wi-Fi and the 3G not just the 3G.
Neil Weiner – Foxhill Capital Partners
When you say the 3G pipeline is strong, are you saying that these are just push outs that you anticipate and you expect further growth in 3G over the latter half of this year?
Evan Kaplan
Without giving specific guidance yes, expect further growth and I do see these as push outs and I expect our results to improve.
Neil Weiner – Foxhill Capital Partners
Talking about the new service delivery platform, have you shown it to any potential clients yet? What's the time line of that? If you can just give us a guideline of when you said it's going to be released later this year, what's the time line we can look for in terms of corporations looking at prototype, and when do you expect sales of that type of service?
Evan Kaplan
Expect me to when we get on our next earnings call to discuss third quarter results, I'll be happy to provide an update on that. On the customer specific feedback, there's been a tremendous amount of work to gather that upfront and given that we're working on, without getting into too much detail, the actual development methodology, it's late this month and early next month that we start bringing customers in house for multiple days to sort of run though this stuff with us.
Most of the platform won't see what you would normally see as a software data cycle. Instead you will see constant reiteration with customer impact over the next 60 to 90 days. So look for me to give an even more complete update on the status on that next quarter call because then we'll be getting close.
- To read the full transcript on Seeking Alpha, click here »
