BATM Advanced Communications (LSE:BVC), a global provider of network infrastructure and cybersecurity technologies, has signed a three-year service agreement with a leading US broadband and cable operator, valued at approximately $1.3 million.
The customer, described as a long-standing partner, serves more than 1.5 million subscribers across 23 states, making it one of the largest cable operators in the country.
Under the agreement, BATM will continue providing network operations support services built on its Carrier Ethernet hardware platforms, converting an existing product relationship into a recurring revenue stream.
"It attests to their high satisfaction with, and confidence in, our services and products, and our ability to translate product sales into recurring revenue," said Chief Executive Moti Nagar.
