BATM Advanced Communications strikes deal extension with "key" client

BATM Advanced Communications Ltd on Monday said it has secured a three-year contract extension worth around USD1.3 million with a long-standing US broadband and cable operator.

The Hod Hasharon, Israel-based provider of network infrastructure, cybersecurity and diagnostic technologies said the agreement extends the group's service provision to the customer for a further three years.

BATM will provide support services for the customer's network operations, which are based on its carrier ethernet hardware platforms.

Chief Executive Officer Moti Nagar said BATM is "delighted" to have signed the new agreement with a "key" customer.

"We look forward to continuing to expand our relationship with the customer as well as strengthen our position as a leading and high-quality provider of solutions and support services for advanced communications networks in the US," Nagar added.

Shares in BATM rose 0.5% to 14.57 pence each in London on Monday.

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