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Sandvine CEO Dave Caputo. M Partners analyst Ron Shuttleworth says Shuttleworth says the core culpit in Sandvine's performance is recurring revenue. Because less than a fifth of its revenue is recurring, its business is highly sensitive to market conditions and individual deals.
M Partners upgrades Sandvine, but says doubts persist

Sandvine (TSX:SVC) yesterday announced it had received follow on network policy control orders from two Western European mobile operators. The...