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
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BATM
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Moti Nagar, Chief Executive
Officer
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+972 9866 2525
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Ran Noy, Chief Financial
Officer
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Shore Capital
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Mark Percy, Anita Ghanekar, James Thomas
(Corporate Advisory)
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+44 20 7408 4050
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Gracechurch Group
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Harry Chathli, Claire Norbury
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+44 20 4582 3500
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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.
