LONDON (dpa-AFX) - BATM Advanced Communications (BVC.L), a networking solutions provider, said on Tuesday that it has entered into a multi-year, $3.5 million contract with CityFibre, a British carrier-neutral Full Fibre platform, to start the deployment of its Edgility virtual networking and edge compute solution.
With this initial order, as CityFibre begins the process, BATM will receive recurring license fee for a five-year period with certain hardware sales estimated to be at a total of $3.5 million.
Zvi Marom, CEO of BATM, said: '.This contract also has significant revenue potential with the prospect of expanding to cover CityFibre's entire infrastructure.'
CityFibre builds and operates high quality Full Fibre digital infrastructure that enables wholesale customers to provide broadband, Ethernet, and 5G services.
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