LEI: 213800FLQUB9J289RU66
6 July 2026
BATM Advanced Communications Limited
("BATM" or "the Group")
Three-year contract extension with a leading US broadband operator
for c. $1.3m
BATM (LSE: BVC; TASE: BVC), a global provider of advanced network infrastructure and cybersecurity technologies, is pleased to announce that it has signed a new three-year service agreement with a leading broadband and cable operator in the US worth approximately $1.3m.
The agreement is with a long-standing customer that is one of the largest cable operators in the US that provides a range of information and communications services to over 1.5 million customers across 23 states. The agreement extends the Group's service provision to the customer for a further three years. Under the agreement, the Group will provide support services for the customer's network operations, which are based on the Group's Carrier Ethernet hardware platforms.
Moti Nagar, Chief Executive Officer of BATM, said: "We are delighted to have signed this new agreement with this key customer. It attests to their high satisfaction with, and confidence in, our services and products, and our ability to translate product sales into recurring revenue. 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."
Enquiries
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BATM |
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Moti Nagar, Chief Executive Officer |
+972 9866 2525 |
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Lior Miles, Chief Financial Officer |
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Shore Capital |
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Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory) |
+44 20 7408 4050 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury |
+44 20 4582 3500 |
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KK Advisory |
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Kam Bansil, Steve Keeling |
+44 20 7039 1901 |
Forward-looking statements
This document contains forward-looking statements. Those statements reflect the current opinions, evaluations and estimations of the Group's management, and are based on the current data regarding the Group's business as is detailed in this document and in the Group's periodical, interim and immediate reports. The Group does not undertake any obligation or make any representation that actual results and events will be in line with those statements, and stresses that they may differ materially from those statements, due to changes in the Group's business, market, competition, demand for the Group's products or services, general economic factors or other factors that can influence the Group's business and results, due to the risk factors that are detailed in the Group's Annual Report, and due to information and factors that are currently unknown to the Group's management and that, if known, would affect the management's opinions, evaluations or estimations. The Group will report the actual results and events according to its legal, accounting and regulatory obligations, and does not undertake any other obligation to report them or their deviations from the forward-looking statements, or to update any of the forward-looking statements in this document or to report that it is not valid anymore.