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Contract Wins and Joint Ventures

BATM clinches multi-year contract in Oz

02 November 2016 07:37

BATM Advanced Communications has been awarded a contract to provide a managed MPLS solution by a major provider of high-speed network and ICT services to education and research facilities in Australia.

The contract, which was awarded after a successful proof-of-concept (POC), is expected to be worth between US$1.5m-US$2.25m to be delivered over a three-year period, commencing this month.

There is also an option for it to be extended to five years with the potential for additional orders of at least the same magnitude. The customer's network connects education and research institutions throughout Australia as well as with their global peers - facilitating collaboration nationwide and internationally.

Under the terms of the contract, the group will provide its aggregation and demarcation products and services to upgrade the existing network, and replace the two incumbent global technology providers.

Story provided by StockMarketWire.com

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