A front-end readout electronics of new design is described. This electronics can operate in cosmic ray and extended air showers (EAS) as well as in accelerator experiments. The T&T (tracking and timing) electronics has been planned to cover large area detectors avoiding the necessity of tedious and time consuming cable calibrations. It is characterized by a 2 ns time resolution, multihits recording capability, no ambiguity in event-pulse reconstruction, daisy-chain interconnection, low power consumption and low cost.