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Share Price Information for Batm Advanced (BVC)

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Share Price: 17.90
Bid: 17.50
Ask: 17.85
Change: -0.10 (-0.56%)
Spread: 0.35 (2.00%)
Open: 17.90
High: 17.90
Low: 17.90
Prev. Close: 18.00
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BATM Communications' Telco Systems Adds New Ethernet Capabilities

Thu, 19th May 2016 10:19

LONDON (Alliance News) - BATM Advanced Communications Ltd on Thursday said its Telco Systems subsidiary has added 100 gigabit ethernet capabilities to its switching platform in order to address an increasing demand for bandwidth.

BATM, which provides technologies for networking and medical laboratory systems, said the new capabilities will help service providers cut operational and capital expenditure.

"These are exciting times for the networking industry and we are proud to be at the forefront of developing important new innovations to help telcos improve performance and provide better service," said BATM Chief Executive Zvi Marom.

BATM shares were untraded Thursday, having last traded at 15.75 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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