ATM is a transmission technique: 
 A company can implement its own ATM network. Network operators
 provide fixed ATM connections for subscribers on a permanent contract basis (Permanent Virtual
 Circuits = PVC)
 A network operator can use ATM for internal traffic (so long as QoS
 conditions of higher layer services are fulfilled). Example: UMTS RAN
  In both cases no signalling is required, traffic  management is optional!