DZS

DZS Completes Divestiture of Asia Business

Retrieved on: 
Friday, April 5, 2024
DWDM, Automation, DASAN Networks, Letter, Sabre, BABA, Second, Growth, Panel, ANZ, BDO, Research, Sale, Acquisition, Software, Security (finance), Wi-Fi, DNI, DZS, Investment, Annual report, File, CSP, Velocity, Government, Delinquent, Hearing, ROADM

On Jan. 5, 2024, DZS signed a definitive agreement to sell its Asia operations to DNI, for $48 million (including the elimination of $43 million in debt).

Key Points: 
  • On Jan. 5, 2024, DZS signed a definitive agreement to sell its Asia operations to DNI, for $48 million (including the elimination of $43 million in debt).
  • With the sale of the Asia business, DZS is expected to be better positioned to achieve higher blended margins, and with a higher percentage of its total revenue resulting from recurring and reoccurring licenses related to its software-centric solutions.
  • DZS believes that service providers are deemphasizing closed, proprietary and high security-risk solutions and are increasingly adopting open, standards-based, software-defined solutions.
  • The notification letter has no immediate effect on the listing or trading of DZS common stock on the Nasdaq Capital Market.

The City of Cabot and Connect2First Bridge Digital Divide in Arkansas with Help from DZS and Irby

Retrieved on: 
Monday, March 25, 2024
GPON, ISP, Internet, City, Communication, CARES Act, Quality of life, Wi-Fi, Marketing, FTTP, DZS, First Electric Cooperative, Access, Wi-Fi Alliance, Digital divide, Velocity, Internet service provider

“The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.

Key Points: 
  • “The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.
  • This project uses DZS Velocity V14, V6, and V2 multi-terabit and environmentally hardened Fiber-to-the-Premises (FTTP) optical line terminals (OLTs).
  • DZS and Irby prepare electric cooperatives, municipalities and other broadband innovators for the future of broadband.
  • Their systems, which feature industry-leading capacity, future-ready performance and open architectures, aim to accommodate multi-vendor scenarios and emerging service demands seamlessly.

Infinera to Showcase Advances in Optical Networking Solutions at OFC 2024

Retrieved on: 
Wednesday, March 20, 2024
OLS, ZR, Solution selling, Coherent Solutions, Convention, Network, Arista Networks, SAN, Interconnect, Optica, Shadow, AI, Marketing, DZS, Modularity, Product management, Expo Hall, Indium, Computer data storage

SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that it will showcase key elements of its multiyear vision and strategy for connecting the world in the terabit era at OFC 2024 , to be held March 26-28 in San Diego, California.

Key Points: 
  • SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that it will showcase key elements of its multiyear vision and strategy for connecting the world in the terabit era at OFC 2024 , to be held March 26-28 in San Diego, California.
  • Delivering the lowest cost and power per bit while dramatically increasing flexibility, Infinera solutions include groundbreaking innovations in coherent optics, the latest advances in networking technology, and a new suite of open automation tools to enable seamless and efficient multi-vendor operations.
  • ICE-X 800G Intelligent Coherent Pluggables – Infinera’s newest pluggable module is the industry’s first multi-vendor-interoperable, multi-haul ZR/ZR+ coherent solution.
  • The ICE-X 800G showcase will include an augmented reality tour of the technology, design elements, and key differentiators.

DZS and Infinera to Demo Game-Changing ICE-X Coherent Pluggable Solutions for Mobile xHaul and Advanced Business Services at OFC

Retrieved on: 
Wednesday, March 20, 2024
Optical networking, Optics, Conference, Capital expenditure, XR, SVP, Carbon footprint, Passive optical network, OPEX, Coherence, DZS, PON, Tourism

Chief Product Officer, DZS.

Key Points: 
  • Chief Product Officer, DZS.
  • The integrated solution enables service providers to cost-efficiently deliver 25GE, 50GE, 75GE, 100GE and 200GE enterprise-class services over current Passive Optical Networking (PON) infrastructure.
  • The ability to transmit bi-directional high-speed services over a single fiber will also enable network operators to rapidly and cost-effectively expand their networks for 5G and beyond.
  • The Saber 2200 can also be seen at DZS booth #1348 at OFC.

BoFiNet Leverages Market-Leading DZS Technology to Power Botswana’s Largest Fibre Network

Retrieved on: 
Monday, March 11, 2024
Internet, GPON, DZS, Growth, Wi-Fi, Human, City, FTTB, FTTX, Automation, Botswana Fibre Networks, Internet service provider

Armed with DZS solutions, BoFinet’s customers can deliver the latest generation of fibre-enabled services to their end-users.

Key Points: 
  • Armed with DZS solutions, BoFinet’s customers can deliver the latest generation of fibre-enabled services to their end-users.
  • “We needed proven, reliable, cost-effective fibre technology that would allow us to easily scale and rapidly deploy the next-generation communications services our customers and their end-users are demanding,” said Mr. Keabetswe Segole, Chief Executive Officer at BoFiNet.
  • “DZS fulfilled all of these requirements in addition to offering an outstanding professional services team to help implement this important initiative.
  • DZS optical network terminals (ONTs) provide wired connectivity within the residence and enterprise, while advanced DZS mesh gateway solutions enable carrier-class WiFi for whole-home and business coverage.

DZS Optical Transport and SDN/NFV Platforms Honored by Lightwave Innovation Review

Retrieved on: 
Wednesday, February 28, 2024
Cloud, Senior, Comment, DZS, Intelligence, RDM, DWDM, ROADM, Access, Conference, Broadband Forum, Control, Automation, LightWave 3D, Optics, CDC, Software, Environment, InterNetNews, Multiplexer, Renewable energy

DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that its DZS Saber 4400 ROADM optical transport module, RDM-4400 , and DZS Xtreme orchestration and automation software platform have been recognized with “Excellent” scores of 4.0 and 4.5 respectively by the 2024 Lightwave Innovation Review .

Key Points: 
  • DALLAS, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that its DZS Saber 4400 ROADM optical transport module, RDM-4400 , and DZS Xtreme orchestration and automation software platform have been recognized with “Excellent” scores of 4.0 and 4.5 respectively by the 2024 Lightwave Innovation Review .
  • Each product was honored by a distinguished panel of industry luminaries for “technical features and performance that provide clear and substantial benefits.” The Lightwave Innovation Review honors companies and products on the cutting-edge of optical network innovation.
  • This marks the second consecutive year that DZS has garnered multiple High-Score Recipient honors.
  • “On behalf of the Lightwave Innovation Reviews, I would like to congratulate DZS on achieving a well-deserved level honoree status,” said Sean Buckley, Editor-in-Chief, Lightwave.

Vianet Deploys DZS Award-Winning Velocity V6 Fiber Access System to Deliver its Customers Multi-Gigabit Bandwith Capabilities

Retrieved on: 
Tuesday, February 20, 2024
Cloud, Gateways, Passive optical network, Senior, Architecture, DZS, Algorithm, City, PON, V6, Ultra-high-definition television, Wi-Fi, Human, UHD, Virtual reality, Automation, Greater Sudbury, XGS-PON

DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Vianet , an Ontario, Canada-based regional communications service provider, is deploying the award-winning DZS Velocity V6 fiber access system to deliver its residential and business customers some of the fastest broadband speeds in northern Ontario.

Key Points: 
  • DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Vianet , an Ontario, Canada-based regional communications service provider, is deploying the award-winning DZS Velocity V6 fiber access system to deliver its residential and business customers some of the fastest broadband speeds in northern Ontario.
  • Leveraging the DZS Velocity V6 fiber access system provides Vianet with a clear path to multi-gigabit services leveraging Passive Optical Networking (PON) technology, including symmetric 10 gigabit per second (10 Gbps) capable XGS-PON.
  • “We are in a fiercely competitive market, so we want to ensure that we are always on the leading edge of delivering our customers the fastest voice, data and video speeds available,” said Will Gasteiger, President and Founder of Vianet.
  • This latest deployment continues a longstanding tradition of Vianet leveraging DZS technology to bring world-class communications services to its customers, with the most recent example including DZS delivering fiber-to-the-home capabilities to Vianet’s rural and remote customers in traditionally unserved and underserved areas of northern Ontario.

DZS Announces Two New Board of Director Members

Retrieved on: 
Tuesday, February 20, 2024
Cloud, Orange, DZS, AI, Investment, Data-rate units, DWDM, ROADM, Access, Sale, Government, Fiber, Audit committee, Wi-Fi, ANZ, BABA, FTTX, Economics, Velocity, Bank statement, Multiplexer

Jackson is an accomplished attorney who brings to the DZS Board 30 years of M&A advisory and transaction experience with over $30 billion in transactions closed.

Key Points: 
  • Jackson is an accomplished attorney who brings to the DZS Board 30 years of M&A advisory and transaction experience with over $30 billion in transactions closed.
  • Choi is the Chief Executive Officer of Invites Ventures, the purchaser in the company’s recent private placement, and brings to the Board a valuable background in M&A and investment banking.
  • DZS is focused on closing the divestiture of our Asia business unit and executing our growth playbook.
  • The DZS Saber 4400 platform is designed to close the bandwidth gap and change the economics for service providers at the emerging Optical Edge .

Broadband Industry Leaders’ Outstanding Work Recognized by Broadband Forum

Retrieved on: 
Wednesday, March 6, 2024
Technology, Mobile, Wireless, Software, 5G, Networks, Internet, Architecture, Multimedia, MT2, DZS, Growth, Base, Lead, TIP, University, CommScope, Circle, Mobile phone

Working as Broadband Forum’s SDN/NFV Work Area Co-Director, Cornaglia’s contributions over the years span strategy, architecture, interface specification, and data models.

Key Points: 
  • Working as Broadband Forum’s SDN/NFV Work Area Co-Director, Cornaglia’s contributions over the years span strategy, architecture, interface specification, and data models.
  • As TIP Chairman of Fixed Broadband Project Group, an influential industry leader, and a strong advocate of the Broadband Forum CloudCO approach, Cornaglia has encouraged global support of the Broadband Forum’s CloudCO suite of standards.
  • “I am delighted to be nominated by my peers to receive this prestigious award from Broadband Forum,” Cornaglia said.
  • Broadband Forum congratulates all award winners and nominees, and thanks them for their constant dedication in continuing to shape the future of the industry.

National Content & Technology Cooperative ("NCTC") Brings Back the Winter Educational Conference ("WEC")

Retrieved on: 
Wednesday, February 21, 2024
WEC, Buckeye Broadband, NCTC, SCTE, Data science, Schurz Communications, DZS, AI, Associated Carrier Group, Thought Leader, Cable One, Computer security, Conference, NSA, Ernst & Young, AMT, Morgan Stanley Wealth Management, AT&T, Friend zone, Former, Artificial intelligence, EPB, Medical device

OVERLAND PARK, Kan., Feb. 21, 2024 /PRNewswire/ -- The National Content & Technology Cooperative (NCTC) kicks off its 21st annual Winter Educational Conference (WEC), Monday, Feb. 26, at the Red Rock Casino Resort & Spa in Las Vegas, Nev. For two days, NCTC members, consisting of industry professionals including traditional cable, telcos, broadband-only providers, and municipalities from across the U.S. and Canada, will huddle to learn insights, study the latest trends in the industry and explore the most important topics facing providers today.

Key Points: 
  • The Countdown to NCTC's Winter Educational Conference is on!
  • The conference will include special pre- and post-training sessions with partners Power & Tel, Bold New Solutions, and SCTE.
  • Attendees are encouraged to click here to view the show's full agenda and follow the conversation via #WEC24 on NCTC's social media channels: Facebook , X and LinkedIn .
  • Note for editors: interviews and photos are available upon request.