Business
Contract Win
Contract Win.
About this update from Batm Advanced Communications Ltd.
[{"type":"text","content":"\n RNS Number : 3925T BATM Advanced Communications Ld 28 September 2010 \n \n\n28 September 2010\n \nBATM Advanced Communications Limited\nMajor US Competitive Local Exchange Carrier (CLEC) signs agreement with BATM\n\nBATM 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.\n \nAn 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.\n \nDr. 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.\"\n- Ends -\nEnquiries\nBATM Advanced Communications +972 9866 2525\nDr Zvi Marom, Chief Executive\nOfer Bar-Ner, Chief Financial Officer +972 5237 50288\nThreadneedle Communications 020 7653 9850\nJosh Royston / Graham Herring\nSinger Capital Markets Ltd 020 3205 7626 \nShaun Dobson \nShore Capital ...