BATM Advanced Communications, the designer and producer of telecom systems and medical laboratory diagnostic systems, has signed an agreement with US mobile communications devices giant Motorola Mobility to provide carrier ethernet equipment.
BATM's Telco Systems unit will deliver Motorola branded products to Motorola's cable network oeprators market. The products to be provided by BATM include aggregation switches/routers and demarcation products.
"The combination of Motorola and Telco Systems provides complete solutions for commercial services that enable cable operators to uniquely leverage their HFC [hybrid fibre-coaxial] fibre infrastructure while minimising the number of fibres required to provide commercial services," explained Joe Cozzolino, senior vice president and general manager of Network Infrastructure at Motorola Mobility.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
BATM's house broker, finnCap, gave the deal the thumbs-up, though it acknowledged that the deal is a small one that will not require its full-year forecasts to be upgraded.
"However, together with the tier 1 supplier OEM [original equipment manufacturer] agreement announced last month, it demonstrates the new partnerships and routes to market that BATM is forging to replace the
revenues lost from Nokia Siemens Networks," finnCap Lorne Daniel said.
The market liked the deal, also; the shares shot up 2.375p to 18.50p on the day of the announcement.
--
jh
-
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returnsThe government plans to raise the tax-free threshold for trading income – here is how it could help your side hustle
-
Return to the office: is working from home coming to an end?More and more employers want their staff to return to the office. Is it a good idea?
