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Pin to quick picksBatm Advanced Share News (BVC)

Share Price Information for Batm Advanced (BVC)

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Share Price: 18.40
Bid: 18.05
Ask: 18.95
Change: -0.50 (-2.63%)
Spread: 0.90 (4.986%)
Open: 18.95
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Prev. Close: 19.00
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BATM Excited For Future Prospects As Completes Delivery Under Arm Deal

Wed, 02nd Oct 2019 13:38

(Alliance News) - BATM Advanced Communications Ltd on Wednesday said it is in talks with several network operators regarding trials as it has completed the delivery under its agreement with computer chip maker Arm.

The cyber solutions and biomedical systems provider said it partnered with Arm to develop the NFVTime operating system to enable an ecosystem of virtual network function services optimised to run on Arm's architecture.

BATM said its NFVTime operating system is integrated with Arm technology to be used on Arm-based uCPE related system-on-a-chip. This solution enables carriers to deploy their own virtualised networks, which can also be a key element in allowing operators to leverage the benefits offered by 5G.

Following the achievement of the some milestones under the partnership agreement, BATM said negotiations are now underway with several network operators in the US and Europe to undertake proof-of-concept, which, if successful, would be followed by field trials ahead of full deployment.

"Our NFV ecosystem is designed to support an entirely virtualised network infrastructure, which will also be central to the implementation of 5G technologies and running applications such as to enable the internet of things," said Chief Executive Zvi Marom.

"With negotiations underway with network operators to conduct proof-of-concept trials, we are excited for the future prospects of this partnership and our NFV solution and believe the market opportunity is significant," Marom added.

BATM shares were trading 2.0% lower on Wednesday in London at 39.80 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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