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Digitel Extends Partnership with Optiva to Enhance 5G Growth

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Digitel Extends Partnership with Optiva to Enhance 5G Growth

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An announcement from Optiva Inc ( (TSE:OPT) ) is now available.

Digitel, a leading mobile network operator in Venezuela, has renewed its partnership with Optiva, extending their multi-year services agreement. This renewal allows Digitel to leverage Optiva’s BSS platform to enhance its 5G offerings, accelerate market entry, and expand its product portfolio, thereby strengthening its market position and customer experience in the competitive Venezuelan telecommunications market.

The most recent analyst rating on (TSE:OPT) stock is a Sell with a C$0.50 price target. To see the full list of analyst forecasts on Optiva Inc stock, see the TSE:OPT Stock Forecast page.

Spark’s Take on TSE:OPT Stock

According to Spark, TipRanks’ AI Analyst, TSE:OPT is a Underperform.

Optiva Inc’s overall stock score is primarily impacted by its poor financial performance and bearish technical indicators. The company’s declining revenue, persistent losses, and negative equity are significant risks. Technical analysis confirms a strong downward trend, and the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events does not alter the negative outlook.

To see Spark’s full report on TSE:OPT stock, click here.

More about Optiva Inc

Optiva Inc. is a prominent provider of cloud-native, AI-powered revenue management software for the telecommunications industry, offering solutions that enable service providers to capitalize on digital, 5G, IoT, and emerging market opportunities. Established in 1999 and listed on the Toronto Stock Exchange, Optiva delivers its products globally on both private and public clouds.

Average Trading Volume: 18,675

Technical Sentiment Signal: Sell

Current Market Cap: C$2.55M

Find detailed analytics on OPT stock on TipRanks’ Stock Analysis page.

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