Welcome to our dedicated page for DZS news (Ticker: DZSI), a resource for investors and traders seeking the latest updates and insights on DZS stock.
DZS Inc. (NASDAQ: DZSI) is a global leader in providing cutting-edge network access solutions and communications platforms. Serving a diverse range of markets spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea, and other Asia-Pacific countries, DZS offers a comprehensive suite of products tailored for service providers and enterprise networks.
DZS Inc. specializes in broadband access products, including customer premise equipment such as digital subscriber line (DSL) modems, Ethernet access demarcation devices, and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals. They also supply central office products, including broadband loop carriers for DSL and voice-grade telephone service, DSL access multiplexers (DSLAMs), and optical line terminals for passive optical distribution networks like GPONs and 10G passive optical networks.
In addition to these offerings, DZS provides Ethernet switching products, mobile backhaul products with standard Ethernet/IP or multiprotocol label switching interfaces, and software-defined networks and network assurance solutions. The company’s extensive portfolio addresses the growing demand for high-speed, reliable, and secure network services worldwide.
Recent achievements for DZS include strategic growth initiatives and partnerships across the Americas and EMEA regions. The company is currently focused on several high-impact projects, such as closing the divestiture of its Asia business unit, optimizing its cost structure, and completing financial restatements for various reporting periods in 2022 and 2023.
DZS’s latest innovations are designed to capture market share in an increasingly competitive environment. Their Velocity portfolio of optical line terminals, including the award-winning DZS Velocity V6, are leading environmentally hardened, multi-gigabit, fiber access platforms with market-leading capacity and performance capabilities.
The Saber platform offers groundbreaking, cost-effective deployment of coherent optics in remote and rural locations, enabling long reach, low latency services for residential and enterprise networks. Their Cloud Edge portfolio, driven by AI and machine learning, powers over 50 million subscribers globally with real-time network optimization capabilities.
The Subscriber Edge solutions include the DZS Helix portfolio of residential and business Optical Networking Terminals (ONTs), access points, and WiFi-enabled gateways, enhancing end-user experience significantly. Major service providers like Orange and Vianet have chosen DZS products to deliver superior broadband services.
To learn more about DZS Inc. and their innovative solutions, visit https://www.dzsi.com.
DZS (Nasdaq: DZSI) announced an expanded partnership with Hamilton Telecommunications, leveraging Nebraska's Broadband Bridge Grant Program to enhance fiber-to-the-home services for newly acquired customers across 21 towns in Central Nebraska. The upgrade provides broadband speeds up to 1 Gbps, managed WiFi, IPTV, and voice services. DZS's advanced solutions, including the DZS Velocity Access Edge and DZS Helix Home Edge, enable gigabit services while anticipating future demands for multi-gigabit speeds. This initiative aims to bridge the digital divide, elevating service and economic opportunities in underserved communities.
DZS Inc. (NASDAQ: DZSI) announced its unaudited financial results for Q2 2022 were made available to shareholders via its investor relations website. A conference call discussing these results is scheduled for August 2, 2022, at 10:00 a.m. ET. Participants can register beforehand to obtain dial-in details. The company emphasizes its position as a leader in access networking and cloud software solutions, while cautioning that forward-looking statements related to future performance are subject to various risks and uncertainties that may lead to actual results differing significantly.
DZS Inc. (NASDAQ: DZSI) will announce its second quarter financial results after market close on August 1, 2022. A conference call to discuss the results is scheduled for August 2, 2022, at 10:00 a.m. Eastern Time. Investors can register for the call to receive dial-in information. The company emphasizes its leadership in broadband connectivity and communications software solutions, highlighting its commitment to share timely financial updates with stakeholders.
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.
DZS has formed a strategic distribution partnership with ACA Pacific Technology, enhancing its presence in Asia, particularly in Malaysia, Singapore, and Indonesia. This collaboration aims to expand DZS's Access Edge, Home Edge, and Mobile & Optical Edge solutions, along with its DZS Cloud platform, for service providers and enterprises. ACA Pacific Technology will facilitate local distribution, focusing on next-generation networking solutions. DZS is already recognized as a leading mobile transport supplier in the region, targeting service providers' infrastructure upgrades.
DZS (Nasdaq: DZSI) announces participation in the TIA Virtual Member Meeting on June 21-22, 2022, where Chief Strategy Officer Geoff Burke will moderate a panel discussion on the $42 billion BEAD program aimed at enhancing broadband access. The event will gather key industry leaders to explore challenges and opportunities related to this initiative. DZS highlights its role in the telecommunications sector during a significant industry upgrade driven by government investments in fiber-based broadband and 5G/6G technologies, as stated by CEO Charlie Vogt.
DZS (NASDAQ: DZSI) announced its collaboration with First Electric Cooperative to develop Arkansas’ largest XGS-PON network. The Connect2First initiative aims to roll out over 7,000 miles of fiber, improving service to over 99,000 accounts across 18 counties. Within nine months, 2,500 miles have been deployed, reaching over 3,700 subscribers. The project leverages $17.9 million from the Rural Digital Opportunity Funds (RDOF) and aims for a 21% initial take rate, with future potential for 10 Gbps services.
DZS (Nasdaq: DZSI) CEO Charlie Vogt will address the role of federal funds in enhancing fiber broadband access for underserved areas at Fiber Connect 2022 from June 12-15 in Nashville, Tennessee. The panel discussion, titled 'Federal Focus: Bridging the Digital Divide,' will highlight the importance of hyper-fast broadband in economic inclusion, with over $70 billion in government stimulus available. DZS aims to capitalize on this opportunity to drive connectivity, presenting various solutions at the conference, showcasing its CloudCheck® and Expresse® technologies.
DZS (Nasdaq: DZSI) has successfully acquired core assets of Adaptive Spectrum and Signal Alignment, Inc. (ASSIA), enhancing its cloud-based network orchestration and service assurance capabilities. This acquisition brings in an elite team of engineers and the award-winning Expresse and CloudCheck solutions, now expanding DZS's footprint to approximately 150 million connected homes. This strategic move aims to strengthen DZS's SaaS revenue and aims for an accelerated margin expansion timeline.
DZS (Nasdaq: DZSI) announced a partnership with EPS Global to enhance broadband access infrastructure in Europe, the Middle East, Africa, and Asia. This collaboration aims to accelerate adoption of advanced access technology, including software-defined Passive Optical Networks and high-performance in-home WiFi solutions. EPS Global will utilize DZS's capabilities to meet growing connectivity demands, particularly benefiting from significant broadband initiatives in the UK, France, and Germany. DZS aims to transform network performance for service providers through this partnership.
FAQ
What is the current stock price of DZS (DZSI)?
What is the market cap of DZS (DZSI)?
What does DZS Inc. specialize in?
Which markets does DZS Inc. serve?
What are the recent achievements of DZS Inc.?
What innovative products does DZS offer?
Who are some of DZS Inc.'s major customers?
What is included in DZS’s Subscriber Edge solutions?
How does DZS support rural broadband access?
What software solutions does DZS provide?
Where can I learn more about DZS Inc.?
What is the Velocity portfolio?
