Fiber to the x

STL continues positive momentum towards global leadership and profitability

Retrieved on: 
Friday, January 27, 2023

STL demonstrated sharp focus on growth areas, operational efficiencies and strategic capital allocation resulting in strong financial performance.

Key Points: 
  • STL demonstrated sharp focus on growth areas, operational efficiencies and strategic capital allocation resulting in strong financial performance.
  • STL is constantly investing in fundamental capabilities and R&D to pack in more capacity and innovation into these optical network builds.
  • The company is driving towards scalable growth in the Optical business and sustainable revenue streams in the Global Services business.
  • It also continued to press forward on water stewardship initiatives by harvesting and recycling of more than 125,000 m3 of water
    STL continued the positive momentum while focusing on prudent capital allocation and profitability.

Render Appoints Telco Executive Omar Ramadan to Scale Global Customer Operations and Delivery

Retrieved on: 
Friday, January 13, 2023

Global leader in geospatial network construction management technology, Render Networks , has bolstered its executive leadership with the addition of Omar Ramadan as Vice President - Customer Operations.

Key Points: 
  • Global leader in geospatial network construction management technology, Render Networks , has bolstered its executive leadership with the addition of Omar Ramadan as Vice President - Customer Operations.
  • View the full release here: https://www.businesswire.com/news/home/20230113005047/en/
    Omar Ramadan, Vice President - Customer Operations, Render Networks (Photo: Business Wire)
    To support Render’s significant customer growth across US, UK, and global markets, Ramadan will scale Render’s Customer Operations team and capability, and build on Render’s reputation of delivering market-leading project outcomes and customer value.
  • His tenure included periods of hypergrowth, requiring the organizations to scale and implement significant changes to processes, technology, and people.
  • "I am thrilled to join the executive team at this time of the company's evolution and expansion," said Ramadan.

Consolidated Communications Advances B2B Strategy with Appointment of Dan Stoll as President of Commercial and Carrier Business

Retrieved on: 
Tuesday, January 10, 2023

Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced Dan Stoll as president of the Company’s commercial and carrier business.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced Dan Stoll as president of the Company’s commercial and carrier business.
  • Stoll will oversee Consolidated’s commercial and carrier go-to-market strategy including: sales, delivery, customer support, and related development and expansion of the Company’s fiber network.
  • Michael Smith, who previously served as president of the commercial and carrier business, is retiring from the Company after 30 successful years of service.
  • “Dan will be instrumental in further accelerating our commercial and carrier strategy and delivering a differentiated offering to our customers.

WANRack Announces Definitive Agreement to Acquire KwiKom Communications

Retrieved on: 
Thursday, January 12, 2023

OVERLAND PARK, Kan., Jan. 12, 2023 /PRNewswire-PRWeb/ -- WANRack, LLC ("WANRack"), a national leader of custom fiber optic network deployments headquartered in Overland Park, Kansas, has entered into a definitive agreement to acquire Iola, Kansas-based JMZ Corporation d/b/a KwiKom Communications ("KwiKom"). KwiKom builds and operates fiber optic and fixed wireless broadband networks that serve residential and business customers in Kansas, Missouri, Oklahoma and Nebraska. The two companies will continue operating under their respective brands following the acquisition.

Key Points: 
  • OVERLAND PARK, Kan., Jan. 12, 2023 /PRNewswire-PRWeb/ -- WANRack, LLC ("WANRack"), a national leader of custom fiber optic network deployments headquartered in Overland Park, Kansas, has entered into a definitive agreement to acquire Iola, Kansas-based JMZ Corporation d/b/a KwiKom Communications ("KwiKom").
  • KwiKom builds and operates fiber optic and fixed wireless broadband networks that serve residential and business customers in Kansas, Missouri, Oklahoma and Nebraska.
  • "We are extremely excited to welcome KwiKom into the WANRack family," said Mike Brigman, WANRack's President & Chief Operating Officer.
  • Noi Spyratos, Managing Director of CBRE IM Private Infrastructure stated, "We're excited to support the continued growth of our portfolio company WANRack through the acquisition of KwiKom.

Consolidated Communications Announces CFO Transition

Retrieved on: 
Tuesday, November 29, 2022

Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced the appointment of Fred Graffam as executive vice president and chief financial officer effective Dec. 1, 2022.

Key Points: 
  • Consolidated Communications (NASDAQ: CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced the appointment of Fred Graffam as executive vice president and chief financial officer effective Dec. 1, 2022.
  • After a distinguished career within the telecommunications industry, Steve Childers will transition from chief financial officer to an advisory role until Dec. 31, 2022 to ensure a smooth transition.
  • Im excited to join the Consolidated team at this important time in the Companys history, said Fred Graffam.
  • (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions.

 Consolidated Communications Announces Extension of Revolving Credit Facility

Retrieved on: 
Wednesday, November 23, 2022

Consolidated has extended the maturity of its $250 million revolving credit facility (the Revolver) by two years from 2025 to 2027, subject to springing maturity, and enhanced its financial flexibility under the Revolver.

Key Points: 
  • Consolidated has extended the maturity of its $250 million revolving credit facility (the Revolver) by two years from 2025 to 2027, subject to springing maturity, and enhanced its financial flexibility under the Revolver.
  • Consolidated is in the process of upgrading its residential and small business networks to fiber.
  • Consolidated is well positioned to capitalize on the FttP opportunity with significant liquidity and substantial financial flexibility.
  • Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions.

OFS is Selected by DC BLOX For its Myrtle Beach to Atlanta Network

Retrieved on: 
Monday, November 14, 2022

ATLANTA, Nov. 14, 2022 /PRNewswire/ -- OFS, a leading manufacturer of innovative fiber optic products, announces it has been selected by DC BLOX, a provider of multi-tenant data centers, dark fiber, and connectivity solutions that delivers the infrastructure essential to power today's digital business. As the exclusive fiber optic cable provider, OFS is providing its industry-leading fiber optic cable for DC BLOX's Myrtle Beach, South Carolina Cable Landing Station (CLS) terrestrial network extension, connecting from the Myrtle Beach CLS, through Charleston, Augusta, and Atlanta landing in Lithia Springs, Georgia with eight strategically located network aggregation facilities enabling regional cloud computing, wireless services, local content distribution and broadband access to underserved areas in both South Carolina and Georgia.

Key Points: 
  • Debra Freitas, Chief Commercial Officer, DC BLOX Fiber comments, "we knew what we wanted to accomplish with this new network route, and OFS' large capacity fiber optic cable, leveraging the latest technology, has allowed us to increase the quality of our network while managing costs".
  • "Working with Debra and the team at DC BLOX has been a rewarding experience," says Holly Hulse, President, and CEO of OFS.
  • DC BLOX's private network fabric and robust connectivity ecosystem enable access to built-in carriers, Internet exchanges, public cloud providers, and DC BLOX data centers to businesses across the Southeast.
  • DC BLOX's data centers are located in Atlanta, GA; Birmingham, AL; Huntsville, AL; Chattanooga, TN; Greenville, SC, and a future cable landing station in Myrtle Beach, SC.

YOFC participates in the World Optical Fibre & Cable Conference 2022

Retrieved on: 
Monday, November 14, 2022

WUHAN, China, Nov. 14, 2022 /PRNewswire/ -- Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), a world-leading optical communications company as a partner and major sponsor for the World Optical fibre & Cable Conference for many years, participated in the 2022 edition of the global event held in Milan on 7-9 November 2022. At the invitation of the organizer, YOFC executive director and president Zhuang Dan attended the roundtable forum held during the event on November 8, at which he discussed the current status of the fibre and cable industry with other executives from several cabling giants, including Europe's Prysmian Group and US-based Corning Incorporated. Additionally, YOFC senior vice president Jan Bongaerts gave a keynote speech entitled 'Leverage "BRIGHTS" to Capture New Growth Opportunities of Digital Economy'.

Key Points: 
  • WUHAN, China, Nov. 14, 2022 /PRNewswire/ -- Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), a world-leading optical communications company as a partner and major sponsor for the World Optical fibre & Cable Conference for many years, participated in the 2022 edition of the global event held in Milan on 7-9 November 2022.
  • Driven by global digital transformation, the optical fibre and cable sector is entering a new stage of growth.
  • Based on its philosophy of seeking perfection, YOFC has been committed to developing various time-tested optical fibre and cable products by using premium raw materials and optimizing the manufacturing process.
  • YOFC has been committed to extending optical fibre connectivity to every corner of the world and building a solid foundation for the development of the digital economy.

STL revenues up 17%; progressing towards global optical leadership

Retrieved on: 
Friday, November 4, 2022

STL reported profitable growth with revenues of USD 226 Mn, up by 12% Q-o-Q and 17% Y-o-Y.

Key Points: 
  • STL reported profitable growth with revenues of USD 226 Mn, up by 12% Q-o-Q and 17% Y-o-Y.
  • A robust order book of USD1,492 Mn further cemented STL's position as a global partner for 5G and FTTH.
  • STL is progressing towards becoming one of the top 3 optical players globally.
  • Continued, long term customer wins: STL reported one of its highest quarterly order intakes of ~408 Mn.

STL revenues up 17%; progressing towards global optical leadership

Retrieved on: 
Friday, November 4, 2022

STL reported profitable growth with revenues of USD 226 Mn, up by 12% Q-o-Q and 17% Y-o-Y.

Key Points: 
  • STL reported profitable growth with revenues of USD 226 Mn, up by 12% Q-o-Q and 17% Y-o-Y.
  • A robust order book of USD1,492 Mn further cemented STL's position as a global partner for 5G and FTTH.
  • STL is progressing towards becoming one of the top 3 optical players globally.
  • Continued, long term customer wins: STL reported one of its highest quarterly order intakes of ~408 Mn.