The Ottawa-based company said the European arm of a global mobile operator group had chosen its Policy Controller server solution in order to achieve compliance with new European Union mobile data roaming legislation that came into effect Monday.
The new law requires operators to prevent “mobile bill shock” by implementing systems that allow customers to set their own limits on how much they want to spend while roaming and to notify them before their service is cut off.
Bridgewater said the customer is using Policy Controller on its high-speed packet access network.
Financial details of the deal were not disclosed.
The announcement pushed up Bridgewater’s stock by 4.72 per cent to close at $9.98, up 45 cents from the previous day’s close.
The spike follows on to another strong increase in the company’s share price at the close of the previous week, after Bridgewater released fiscal 2009 earnings that were much stronger than expected.
