Contract Win

RNS Number : 3925T

BATM Advanced Communications Ld

28 September 2010

 



28 September 2010

BATM Advanced Communications Limited

Major US Competitive Local Exchange Carrier (CLEC) signs agreement with BATM

BATM is delighted to announce that one of the largest CLECs in the US has signed an agreement with BATM's telecoms division, whereby the CLEC will exclusively use BATM's customer premises equipment (CPEs). The agreement follows rigorous testing and proof of concept trials.

An initial order of approximately US$300K has been received for equipment to be supplied in Q4 of this year, with annual purchases in excess of US$1 million expected thereafter.

Dr. Zvi Marom CEO said "I am delighted with this agreement, which is in line with our stated strategy of placing greater emphasis on direct sales channels. We believe that our products are the best solutions in the market place and as the ever increasing demand for bandwidth capacity continues we expect to add further significant new customers."

- Ends -

Enquiries

BATM Advanced Communications                [phone]

Dr Zvi Marom, Chief Executive

Ofer Bar-Ner, Chief Financial Officer            [phone]

Threadneedle Communications                       020 7653 9850

Josh Royston / Graham Herring

Singer Capital Markets Ltd                              020 3205 7626 

Shaun Dobson                                                

Shore Capital                                                   020 7408 4090 

Pascal Keane

 

END

 

 

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