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) is partnering with Stratford Mutual Telephone to extend high-quality broadband services to unserved areas in Hamilton and Story Counties, Iowa. Utilizing XGS-PON technology, this initiative aims to connect up to 1,400 new subscribers, enhancing access to applications like HD videoconferencing and telehealth. The project is part of a broader effort to improve rural connectivity, supported by state broadband grants and collaboration with Vantage Point and Goldfield Telecom. This expansion exemplifies DZS's commitment to bridging the digital divide.
DZS (Nasdaq: DZSI) announces participation of CTO Andrew Bender at the FTTH Conference 2022 in Vienna on May 23-24, focusing on advanced network technologies. Bender's panel discussion on May 25 will address the evolution of broadband networks amid Europe's digital transformation and FTTx deployments. DZS showcases its solutions, including DZS XCelerate and DZS Xperience, aimed at enhancing consumer experiences and network performance. The event expects 4,000 attendees, strengthening DZS's footprint and leadership in the fiber technology sector.
DZS (Nasdaq: DZSI) announces a partnership with Convergenze S.p.A., a leading telecommunications operator in southern Italy, to deploy XGS-PON technology. This initiative aims to enhance broadband connectivity for over 21,000 subscribers and is supported by state broadband stimulus funds. Convergenze's adoption of DZS Velocity and Xcelerate systems will significantly upgrade their network capabilities, facilitating a flexible transition to next-generation services. The project is a response to increasing demand for high-speed internet across various sectors.
DZS (Nasdaq: DZSI) is set to host its Horizons22 Investor Day on May 12, 2022, showcasing its acquisition of ASSIA's software solutions and unveiling the DZS Experience Studio. The event aims to provide stakeholders an update on the company’s strategic vision, product roadmap, and financial outlook, amid a growing demand for multi-gigabit services. DZS emphasizes its commitment to innovation in broadband connectivity and the emerging metaverse, leveraging a $100 billion investment cycle. CEO Charlie Vogt highlights the opportunity to capture substantial market share in this decade-long super cycle.
DZS Inc. (NASDAQ: DZSI) announced its first quarter 2022 financial results will be posted for shareholders on its investor relations website. The company will host its Horizons22 Investor Day on May 12, 2022, at 8:30 a.m. CT, at its Dallas headquarters, with a live webcast available. Additionally, an earnings conference call is scheduled for May 3, 2022, at 10:00 a.m. ET, also available via webcast or teleconference. Interested parties can access replays on the investor relations site.
DZS has signed a definitive agreement to acquire core assets of ASSIA, including the award-winning CloudCheck and Expresse software solutions, enhancing the DZS Cloud platform. The acquisition aims to provide data analytics, network intelligence, and operational efficiencies, targeting over 125 million broadband and WiFi connections. This strategic move is expected to boost DZS's recurring SaaS revenue and improve margins, with completion anticipated in Q2. DZS will integrate ASSIA's technology into its existing offerings for enhanced consumer experience and service capabilities.
Andrew Bender, Chief Technology Officer of DZS (Nasdaq: DZSI), will speak at the CommsDay Summit 2022 in Sydney on May 3-4, 2022. His session, titled “Enabling Service Velocity and Agility for Optical Broadband Networks,” will focus on the evolution of FTTx services and the impact of Passive Optical Network (PON) technologies on service providers. Bender emphasizes the necessity of service velocity to launch new services promptly and discusses how DZS supports multi-gigabit services through its innovative solutions.
DZS (Nasdaq: DZSI) continues to enhance its partnership with Northeast Nebraska Telephone Company (NNTC) by upgrading NNTC's fiber-to-the-home network. The new DZS Velocity portfolio will enable gigabit services and future-proof the infrastructure for potential 10G upgrades. NNTC serves 30 communities and was recently recognized for its advanced broadband network. DZS's solutions improve efficiency, reliability, and cost-effectiveness, supporting both Active Ethernet and GPON technologies.
DZS Inc. (NASDAQ: DZSI), a leader in broadband and communications software, will release Q1 2022 financial results on May 2, 2022, after market close. A conference call to discuss the results is set for May 3, 2022, at 10:00 a.m. ET. Investors can join by dialing in or via a webcast link. The DZS Horizons22 Investor Day is scheduled for May 12, 2022, at 9:30 a.m. ET, and will also be broadcast live. More information can be found on the DZS Investor Relations website.
DZS (Nasdaq: DZSI) announced its participation in Open RAN World 2022 in Berlin from April 26-28, 2022, highlighting its industry-first Open RAN solutions. Rick Wank, DZS Director of Product Management, will speak on fronthaul technology and 5G slicing during a panel on April 28. DZS also showcases its DZS Chronos Mobile & Optical Edge solutions, essential for major O-RAN deployments, including Rakuten Mobile. The event focuses on modernizing RAN environments to enhance 5G networks, featuring discussions on technology innovations and global deployments.
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