REG - BATM Advanced Comm - New Tier 1 Customer for Edgility in Mexico

Batm Advanced CommunicationsAnnouncement

19/12/2024 07:00

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RNS Number : 6744Q  BATM Advanced Communications Ld  19 December 2024

LEI: 213800FLQUB9J289RU66

19 December 2024

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

New Tier 1 Customer for Edgility in Mexico

Deployment of Edgility by Axtel, a Tier 1 telecommunications service provider
in Mexico

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for
networking solutions and medical laboratory systems, is pleased to announce
that its Edgility edge computing platform has been selected by Axtel (BMV:
AXTELCO), a Tier 1 telecommunications service provider in Mexico. Axtel has
commenced the deployment of a self-developed customer experience application
that utilises the Edgility solution.

 

Axtel offers telecommunications solutions to support companies in their
digital transformation and provides infrastructure including a fibre optic
network of more than 50,000km and with a presence in more than 90% of
industrial parks and spanning 76 cities in Mexico. In 2023, Axtel generated
revenue of over US$500m and served over 11 million customers.

 

Edgility is being utilised to deploy at the edge of the network, Axtel's new
customer experience ("CX") application that monitors the network performance
to ensure optimal service delivery. By using a virtualised solution, Axtel can
seamlessly monitor functionality from the network equipment through to
applications, mirroring their customers' experience in real time. Axtel
selected Edgility to gain deeper network visibility, real-time performance
monitoring and advanced analytics. Edgility's open architecture offers
significant flexibility and scalability, enabling Axtel to easily deploy their
virtualised application at scale.

 

The Group expects to receive increasing orders for Edgility from Axtel for the
deployment of their CX application as the strength of the Edgility-powered CX
solution drives growth for Axtel through increasing customer loyalty and
enhancing their competitive position. Further, Axtel intends to expand the
deployment of Edgility to include the Group's connectivity services. This
implementation of Edgility is considered by Axtel as a first step towards
providing a full suite of edge computing solutions across the enterprise
market in Mexico.

 

Moti Nagar, Chief Executive Officer of BATM, said: "We are delighted that
Edgility has been selected by one of the leading telecommunications providers
in Mexico, building on our existing presence in the region and adding another
Tier 1 provider to our portfolio of customers - a clear indication of the
transition by many operators to virtualised edge network services. Axtel have
commenced deploying our edge computing platform to deliver a superior customer
experience to their business customers, and are already looking to expand to
other use cases, including to offer new services. With Axtel's substantial
customer base, installed network infrastructure and vision to drive the
digital transformation of enterprises across Mexico, we are greatly excited
about the potential of this relationship and look forward to working together
to create transformative solutions."

 

 

Enquiries

 

 BATM
 Moti Nagar, Chief Executive Officer                            +972 9866 2525
 Ran Noy, Chief Financial Officer

 Shore Capital
 Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)  +44 20 7408 4050

 Gracechurch Group
 Harry Chathli, Claire Norbury                                  +44 20 4582 3500

 

 

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.

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