Más Móvil Panama selects Allot for network cybersecurity services

PANAMA CITY - Más Móvil Panama has chosen Allot Ltd. (NASDAQ:ALLT) (TASE:ALLT) to provide network-native cybersecurity protection services to its customers, according to a press release statement issued Monday. The cybersecurity solutions provider has shown remarkable market performance, with a 144.74% return over the past year. According to InvestingPro data, analysts expect the company to return to profitability this year, making it an interesting player in the cybersecurity space.

The telecom operator will implement Allot’s NetworkSecure platform initially for residential postpaid customers before expanding to prepaid mobile and fixed-line segments. The service will offer protection against various cyberthreats including malware, ransomware, trojans, adware, bots, and phishing attacks. With a strong current ratio of 2.49, Allot maintains robust liquidity to support its expansion initiatives. Want deeper insights? InvestingPro offers 8 additional key tips about Allot’s financial health and market position.

The cybersecurity solution, branded as "Defender+" by Más Móvil, operates without requiring customers to install applications on their devices. The service also includes parental control features.

Ana Patricia Salazar, Vice President of B2C Marketing and Brand at Más Móvil, said the solution "enables safe browsing without the need to install any application, providing accessible and effective protection for our users."

Más Móvil is the first network operator in Panama to adopt the Allot NetworkSecure platform.

Allot Ltd., headquartered in Israel, provides Security-as-a-Service and network intelligence solutions to communications service providers and enterprises. With annual revenue of $93.45 million and a market capitalization of $348.25 million, the company reports that its network-native security solutions are currently used by millions of subscribers globally. Discover comprehensive analysis and valuation metrics in Allot’s detailed Pro Research Report, available exclusively on InvestingPro.

Más Móvil Panama operates as a comprehensive telecommunications services company jointly owned by Cable & Wireless Cala Holdings Limited (49%), the Government of the Republic of Panama (49%), and an employee trust (2%).

In other recent news, Allot Ltd. has announced a public offering of its ordinary shares. The company plans to use the proceeds from this offering primarily to repay $31.41 million of principal outstanding under a senior unsecured convertible promissory note held by its largest shareholder, Lynrock Lake Master Fund LP. This move is part of Allot’s strategy to manage its debt obligations effectively. Additionally, Play, a leading operator in Poland, has selected Allot’s DNS Secure solution to enhance cybersecurity protection for its fixed broadband customers. This agreement, signed in April 2025, builds upon the existing relationship between the two companies, as Play had previously deployed Allot’s NetworkSecure services for mobile customers in 2021. These developments highlight Allot’s ongoing efforts to expand its business partnerships and manage financial commitments.

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