Ulticom Reviews

When the Telecom market went down, Ulticom could not manage to adapt to the new market rules and market requiremetns. It kept doing the same things expecting different results.

Lack of vision at senior management to go beyond SS7. Revenue is in constant decline and management is only concerned about benefiting themselves with retention bonus, restricted stock options and bonus that is not tied to the bottom line. There is a constant reshuffling of the same people in the senior management and can be classified at best as a role model for "how to be an incompetent VP". None of these people (VPs) will ever get a job somewhere else with this high salaries. Ulticom is in dire need for new blood and needs to replace their management to grow their business. It has $80 million cash and don't know what to do with it. It is highly likely that Comverse (parent company) will run this company to the ground or sell in pieces.