Founded in 1972 and based in Mansfield, Massachusetts, Telco Systems delivers an industry-leading portfolio of Carrier Ethernet and MPLS based demarcation, aggregation and edge solutions, enabling service providers to create intelligent, service-assured, CE 2.0-compliant networks for mobile backhaul, business services and cloud networking. Telco Systems' end-to-end Ethernet, SDN and NFV product portfolio delivers significant advantages to service providers, utilities and city carriers competing in a rapidly evolving telecommunications market. Telco Systems’ customer base includes tier 1 and smaller service providers as well as utilities and city carriers. The company has an installed base of $2 billion worldwide. In April 2000 BATM Advanced Communications (London stock exchange ticker symbol: LSE: BVC and Tel Aviv stock exchange ticker symbol: TASE: BATM) acquired Telco Systems for $260.8 million in cash and 960,000 shares of BATM stock. As a wholly owned subsidiary of BATM Advanced Communications, the company has access to over 400 engineers and scientists through BATM’s integrated research and development program between all its subsidiary companies. Since its founding in 1992, BATM has been involved in the design and manufacture of stuff for the telecommunications industry.