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Telco Systems chief seeing high demand; working on tier-1 deals

BATM Advanced Communications Limited (LON:BVC) said this week that its Telco Systems arm has completed a project that will enhance the connectivity between Kenya’s universities.

The upgrade to 10-gigabit Ethernet will allow the Kenya Education Network (KENET) “to provide a greater range of services to its members”, the company said.

Ariel Efrati, chief executive of Telco Systems, tells Proactive Investors the company is also working on projects in the US and Australia, adding that he “hopes to be announcing more of these” (projects), as it is providing a service that is seeing a “high demand” at the moment.

“We are working on multiple targets” he adds, with a focus on signing “tier-one” deals.

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Price: 100.5 GBX

LSE:BVC
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Market Cap: £442.64 m
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