28 Sep 2010 07:00
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."
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Enquiries
BATM Advanced Communications +972 9866 2525
Dr Zvi Marom, Chief Executive
Ofer Bar-Ner, Chief Financial Officer +972 5237 50288
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
Batm Advanced (BVC)