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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: -0.60 (-3.16%)
Spread: 0.90 (4.986%)
Open: 18.95
High: 18.95
Low: 18.40
Prev. Close: 19.00
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BATM Subsidiary Launches New "Ultra-High" Capacity Networking Platform

Mon, 22nd Jul 2019 13:16

(Alliance News) - BATM Advanced Communications Ltd on Monday said its subsidiary Telco Systems launched T-Metro 8104, its new "ultra-high" capacity service aggregation and cloud gateway platform.

T-Metro 8104 was designed to allow network operators to leverage the transformation enabled by 5G and multi-access edge computing.

The data and telecommunication products company said T-Metro 8104 has a modular design that, along with having a small form factor and the ability to be installed outside a telecom cabinet, allows customers to expand and add capacity and interfaces as required.

With the greater speeds and lower latency of 5G, BATM said T-Metro 8104 will allow network operators to open their networks to a new ecosystem and value chain, such as Internet of Things applications. Large enterprise organisations also benefit from edge computing by storing, processing and delivering content on site from an edge server rather than requiring backhaul or a centralised core network.

"This latest product release is another step forward in our strategy to provide innovative solutions for the growth area of 5G network infrastructure and multi-access edge computing," said BATM Chief Executive Zvi Marom.

"We have already received significant interest in the new platform from several customers, which we expect to translate to sales this year," added Marom.

BATM shares were trading 0.7% higher on Monday in London at 44.30 pence each.

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