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Calix Networks - CALX STOCK NEWS

Welcome to our dedicated page for Calix Networks news (Ticker: CALX), a resource for investors and traders seeking the latest updates and insights on Calix Networks stock.

Calix Networks (CALX) provides essential cloud platforms and managed services that enable communication service providers to optimize network performance. This dedicated news hub offers investors and industry professionals centralized access to official company announcements and strategic developments.

Track critical updates including earnings reports, technology innovations, and strategic partnerships that shape the telecommunications landscape. Our curated collection ensures timely access to Calix's advancements in unified access networks, DevOps implementations, and big data analytics solutions.

Discover updates on Calix's cloud service expansions, network infrastructure enhancements, and subscriber experience initiatives. All content is verified for accuracy, providing reliable insights for informed decision-making.

Bookmark this page for continuous access to Calix's evolving role in enabling digital transformation for global service providers through cutting-edge network solutions.

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Calix, Inc. (NYSE: CALX) has introduced the Calix Field Service App for its Broadband Platform, expanding its Wi-Fi installation portfolio. This new app optimizes home visits by equipping field technicians with cloud automation and insights to enhance installation services and facilitate upselling. With this addition, Calix now offers three data-driven residential Wi-Fi installation options to broadband service providers (BSPs):

1. DIY subscriber self-installation via the CommandIQ® app
2. Assisted subscriber self-installation with remote BSP support using Calix Cloud
3. Field technician onsite visits optimized by the Field Service App

These options aim to impress subscribers from the first touchpoint while enhancing support team efficiency. The Field Service App is expected to streamline installations, reduce manual tasks, and improve operational efficiency and service quality.

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Calix, Inc. (NYSE: CALX) has unveiled new outdoor Wi-Fi capabilities for its broadband platform and SmartLife managed services, targeting a $7 billion outdoor Wi-Fi market projected to grow 60% in five years. Key innovations include:

1. The GigaPro p6dx, extending outdoor coverage up to one mile.
2. A 6 GHz upgrade for the GigaPro p6he, tripling capacity for high-bandwidth activities.
3. The upcoming GigaPro GPR4001XH ONT with integrated Power over Ethernet for streamlined installations.

These advancements enable broadband service providers (BSPs) to deliver exceptional Wi-Fi experiences in large outdoor areas, supporting applications like community-wide Wi-Fi, campground coverage, and small business solutions.

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Calix, Inc. (NYSE: CALX) has appointed Wade Oosterman, former vice chairman of Bell Canada and president of Bell Media, to its board of directors. Oosterman brings over 30 years of experience in the telecommunications industry, having played pivotal roles in major Canadian telecom companies. His expertise in driving profitable growth and transformation is expected to strengthen Calix's market leadership amid the ongoing broadband industry disruption.

Oosterman's appointment aligns with Calix's mission to help broadband service providers (BSPs) simplify their business, innovate for subscribers, and grow value for their communities. His experience includes serving on boards of companies like Stagwell, Inc. (NASDAQ: STGW) and Telephone Data Systems Inc. (NYSE: TDS). Oosterman's strategic leadership at BCE contributed to its current $31 billion market capitalization and commanding position in Canada's telecom industry.

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management
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Calix, Inc. (NYSE: CALX) announced that Smithville Communications is leveraging the Calix Broadband Platform and managed services to deliver secure, outdoor Wi-Fi for residential and business subscribers. This offering enhances Smithville's existing SmartHome residential managed services, including connected camera property protection and network security. Smithville has also expanded its business market with Calix SmartBiz, a solution for small businesses.

Key highlights:

  • Smithville's outdoor Wi-Fi campaign generated hundreds of subscriber inquiries
  • The company has doubled GigaSpire Wi-Fi system subscribers in the last 12 months
  • Smithville blocks 22,000 monthly digital threats with ProtectIQ network security
  • The Calix Platform enables personalized communications and cloud insights for market success
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News
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Calix Inc. (NYSE: CALX) has announced its participation in three upcoming investor events. The company will be represented at the Rosenblatt Securities Age of AI Technology Summit on August 20, 2024, with Chairman Carl Russo presenting virtually at 2:00 p.m. Eastern Time. On August 27, 2024, President and CEO Michael Weening will attend the Jefferies Semiconductor, IT Hardware & Communications Technology Summit in Chicago. Lastly, Chairman Carl Russo will be present at the Deutsche Bank 2024 Technology Conference in Dana Point, CA on August 28, 2024.

Institutional investors can arrange meetings through their representatives at the host firms or by contacting Calix investor relations. Webcasts of available presentation sessions will be accessible on the company's investor relations website.

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Calix, Inc. (NYSE: CALX) has released its unaudited financial results for the second quarter of 2024. The company has posted a letter to stockholders on its investor relations website, along with supplemental financial information. A conference call to discuss these results will be held on July 23, 2024, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time.

Interested parties can access the live webcast of the conference call through the Events section of the Calix Investor Relations website. Alternatively, they can dial in to the live conference call using the provided phone numbers and conference ID. The company has also provided a link for instant telephone access to the event, which will become active approximately 15 minutes before the call starts.

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Rhea-AI Summary

Calix (NYSE: CALX) has announced a comprehensive range of BEAD-compliant broadband solutions designed to help broadband service providers (BSPs) secure a portion of the $42.45 billion in federal funding available for broadband expansion. Over the past five years, Calix's Funding Consult Program has facilitated over 500 consultations, securing $2 billion in federal funding for BSPs and conducting over 2 billion FCC performance tests. The new offerings aim to provide scalable, resilient, and secure network solutions with low operating expenses, leveraging the Intelligent Access™, Unlimited Subscriber, and Calix Cloud® platforms. By partnering with providers, Calix aims to transform BSPs from speed-focused entities into experience providers, supporting their growth and community value. Calix also collaborates with U.S.-based manufacturers to meet Build America, Buy America (BABA) requirements, ensuring compliance with federal guidelines.

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Calix (NYSE: CALX) will release its second quarter 2024 results on July 22, 2024, after market close. The stockholder letter for the period ending June 29, 2024, will be available on the company's Investor Relations website. The company will also hold a conference call to discuss the results on July 23, 2024, at 5:30 a.m. Pacific Time / 8:30 a.m. Eastern Time. Investors can access the live webcast via the Calix Investor Relations website or by dialing the provided phone numbers with the conference ID#13747128. The webcast link will be active 15 minutes before the start of the call.

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YK Communications has achieved a Net Promoter Score (NPS) of 92, partnering with Calix to revolutionize its support model. Utilizing the Calix Broadband Platform, Customer Success Services, and SmartLife managed services, YK Communications transformed its approach to customer support, increasing its NPS from 80 in 2022 to 92. Among subscribers who cited customer support as key, the NPS was 99, and even those requiring issue resolution gave a score of 97.

YK's strategies include a “2-2-2-2” program for personalized support and differentiated offerings like the “Family Guardian” package. Using Calix Service Cloud, the company equips its employees with real-time support insights to enhance customer experiences. These initiatives drove 90% of subscribers to use their branded app, further boosting satisfaction. YK Communications' successful transformation earned them the NTCA Smart Rural Community provider designation.

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Calix has been acclaimed globally for enabling broadband providers to excel in their go-to-market strategies and achieve Net Promoter Scores (NPS) above 90. The company has recently received multiple Stevie® Awards from the 2024 American Business Awards® for various achievements, including “Marketing Disruptor of the Year,” “Marketing Campaign of the Year,” and “Best Cloud Platform.” Calix's Broadband Platform and unique go-to-market programs, such as Customer Success Services and Market Activation, have helped customers like Highline and Connexin significantly boost their average revenue per user (ARPU) and customer satisfaction. Over the last two years, Calix has also been recognized by TMC, Digiday, and the international Broadband Multimedia Marketing Association (BMMA) for their cloud capabilities and innovative marketing approaches. The company continues to invest in award-winning programs to help broadband service providers (BSPs) maximize their growth and business outcomes.

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Calix Networks

NYSE:CALX

CALX Rankings

CALX Stock Data

2.26B
58.09M
11.3%
87.98%
3.02%
Software - Infrastructure
Communications Services, Nec
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United States
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