The company said the revenue increase was mainly due to the delivery of the Policy Controller solution with an unnamed Tier 1 mobile service provider and the delivery of the WideSpan solution to Verizon (revenue from that $30 million installation will continue into next year) and Cricket Communications of San Diego.

In all Bridgewater added six new customers in the quarter, four of which are from the EMEA (Europe/Middle East/Africa) area.

The performance reflects the increase in wireless data revenue that carriers around the world are reporting despite the recession, Sharpley said in an interview. As a result, Bridgewater is forecasting slightly more optimistic revenue of between $54 million and $58 million this year, representing annual growth of between 22 and 31 per cent, and net earnings of between $7 million and $9 million.