DZS and Myakka Communications Leverage Government Stimulus to Deliver “Broadband to the Boonies” at Symmetrical Gigabit Speeds to Rural Homes and Businesses in West-Central Florida

Rhea-AI Summary

DZS (Nasdaq: DZSI), a leader in access networking, highlights its partnership with Myakka Communications to deliver high-speed fiber broadband in southwest Florida. The service offers symmetrical gigabit speeds, addressing the digital divide in underserved areas. Myakka Communications transitioned from WISP to fiber, reducing downtime significantly and enhancing service quality. This collaboration aligns with federal efforts to expand broadband, leveraging nearly $80 billion in funding for infrastructure improvements.

Positive

• DZS partnership with Myakka Communications successfully delivers gigabit fiber broadband to underserved areas.
• The transition to fiber reduced service downtime significantly, improving operational efficiency.
• High customer take rate over 95% suggests strong demand for fiber services.

Negative

• None.

Award-winning fiber Internet Service Provider and former WISP sees huge value in shift to fiber-based services and U.S. based manufacturing

DALLAS, July 14, 2022 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader in access networking and cloud software solutions, today announced the ongoing success of its mission to bridge the digital divide by way of a longstanding partnership with Myakka Communications to deliver “Broadband to the Boonies” to southwest Florida. Recently recognized as the “Fastest Fiber Providers in Florida” with symmetrical gigabit available to all subscribers, this local, family-owned service provider was the first to offer high-speed broadband to Myakka City and the surrounding area, and today delivers the hyper-speed service levels needed for increasingly popular use cases like virtual meetings, gaming, telemedicine, start-ups and emerging metaverse experiences.

“The major local service providers provided telephone and cable services in our region told us it would be decades before they brought broadband services to eastern Manatee County, so we decided to bring ‘broadband to the boonies’ ourselves. We are extremely satisfied and have been a ‘chief cheerleader’ for DZS since we first visited their R&D center and manufacturing facility here in Florida and partnered with them in 2011,” said Charles J. (Charley) Matson, CEO, Myakka Communications. “Our high-speed internet service has received a lot of positive attention – especially during the pandemic – because it enables remote learning and remote working, which isn’t as reliable with the other available options like satellite access and creating cell phone hotspots. We currently have a higher than 95% take rate among the subdivisions and businesses we pass, and it’s no wonder given the critical need for all-fiber broadband service levels—not just for work and school but for entrepreneurial business operations, telemedicine, gaming and other services that people increasingly want and need, wherever they live.”

Myakka Communications started out as a wireless internet service provider (WISP) but faced significant operational challenges, especially due to a high prevalence of lightning strikes causing outages. They began building out their fiber network with help from USDA grant/loan broadband stimulus dollars and their technology partner DZS back in 2011. Downtime is now close to zero and service calls have decreased by over 90% since moving to a fiber-based network. Time spent on service calls is also significantly less with fiber and it can all be done from the ground.

Myakka Communications has used DZS Passive Optical Network (PON) broadband connectivity solutions exclusively since they first began deploying fiber infrastructure. This currently includes massively scalable and non-blocking DZS Velocity Intelligent Terabit Access Concentrators (OLTs) and DZS Helix Optical Network Terminals (ONTs) and WiFi gateways.

“As a U.S.-based company with manufacturing operations only an hour’s drive away, DZS is especially proud to support the Myakka Communications team, a locally owned business that has overcome significant challenges to bring gigabit-class, 100% fiber optic services to a rural area that large providers aren’t serving,” said Andrew Finkelstein, Senior Vice President, North America Sales, DZS. “With their recent jump to gigabit speeds, Myakka Communications has anticipated their community’s fast-growing need for the increased bandwidth that new virtualized services, smart homes, connected devices and other trends demand. And their scalable, multi-service capable DZS network architecture makes it straightforward and cost-effective for them to make the leap to 10 Gbps services and beyond when they are ready. We at DZS are excited about what the future holds for our relationship with Myakka Communications as we enable not just broadband but ‘the metaverse to the boonies’ of central Florida and across the country.”

The decade-long partnership between DZS and Myakka Communications is one of many such deployments underway or on the drawing board with broadband services of all sizes across the U.S., as the federal government alone has earmarked almost $80 billion in funding to extend broadband infrastructure to unserved and underserved areas, both rural and urban. DZS, along with its engineering and distribution partners, has the proven ability to help forward-looking operators deliver next-generation broadband “experiences” that transform quality of life and economic prospects wherever they become available.

To learn more about DZS, visit https://www.dzsi.com

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in access networking infrastructure and cloud software solutions.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings.  In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

FAQ

What is the significance of DZS's partnership with Myakka Communications?

DZS's partnership with Myakka Communications is crucial for delivering high-speed fiber broadband in underserved regions, enhancing internet access and service quality.

What benefits has Myakka Communications seen since switching to fiber services?

Since switching to fiber, Myakka Communications has experienced a significant reduction in service downtime and operational challenges, enhancing customer satisfaction.

How does DZS support broadband expansion in the U.S.?

DZS supports broadband expansion by collaborating with local service providers and leveraging federal funding aimed at improving internet infrastructure, particularly in rural areas.

What are the service levels provided by Myakka Communications?

Myakka Communications provides symmetrical gigabit internet services, which are essential for virtual meetings, gaming, telemedicine, and other high-bandwidth applications.

What is DZS's role in the broadband deployment project?

DZS plays a role as a technology partner, providing Passive Optical Network solutions to facilitate the deployment of high-speed fiber networks.