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) has marked a transformational year in 2021, adding 105 new customers globally and introducing 29 innovative technology solutions across various sectors. Achievements include enhancements in management, product offerings, and strategic partnerships. The company successfully raised $64 million for growth initiatives and expanded its R&D facilities in Canada and India. DZS anticipates continued growth driven by broadband demand, government stimulus programs, and evolving telecom standards, positioning itself favorably within the competitive landscape.
DZS (NASDAQ: DZSI) announced its role in expanding a rural broadband project led by 4-County Electric Power Association in Mississippi. This initiative utilizes over $35 million in funding from the Rural Digital Opportunity Funds and CARES programs to connect over 40,000 homes and businesses with multi-gigabit broadband services. The project, which involves laying over 3,700 miles of fiber, aims to enhance internet access in underserved areas.
As the initiative progresses, it is expected to significantly improve the region's digital capabilities and economic development.
DZS Inc. (NASDAQ: DZSI), a leader in broadband connectivity and communications software, announces participation in the 24th Annual Needham Virtual Growth Conference on January 10, 2022, at 1:15 p.m. ET. CEO Charlie Vogt and CFO Misty Kawecki will present during the event. The session will be available via an audio webcast on the DZS Investor Relations website. DZS operates globally, with over 20 million products in service across more than 100 countries, highlighting its strong market presence.
DZS (NASDAQ: DZSI) announced its participation in the Global O-RAN ALLIANCE PlugFest in Turin, Italy, demonstrating interoperability of its 4G and 5G solutions. The event featured multi-vendor testing of O-RAN specifications, validating DZS's open fronthaul transport solutions alongside industry leaders like Mavenir and Dell. DZS's technology aims to help service providers modernize networks efficiently. The PlugFest involved 94 companies globally, showcasing commercial readiness for O-RAN implementations. DZS continues to focus on empowering service providers with flexible, scalable broadband solutions.
DZS (NASDAQ: DZSI) announced its participation in the third Global O-RAN ALLIANCE Plugfest, showcasing successful interoperability of 5G solutions at LG Uplus's 5G Innovation Lab in Seoul. This event validated multi-vendor interoperability and adherence to O-RAN specifications. DZS's open fronthaul and mobile transport solutions demonstrated significant advancements in network modernization for both new and established service providers. The Plugfest included contributions from industry leaders like Intel, NEC, and Keysight, emphasizing DZS's commitment to O-RAN architectures and empowering service providers worldwide.
DZS (NASDAQ: DZSI) announced a strategic sourcing partnership with Advanced Media Technologies, Inc. to tackle supply chain challenges while seizing over $100 billion in global government-sponsored broadband funding. The partnership aims to enhance the availability of DZS's advanced broadband solutions, enabling service providers and enterprises in North America, the Caribbean, and Latin America to accelerate network expansions. Key funding includes the $65 billion Bipartisan Infrastructure Law and similar initiatives across Europe, boosting investments in fiber access deployment.
DZS Inc. (NASDAQ: DZSI) released its unaudited financial results for Q3 2021 on November 1, 2021. The report, available on the company's Investor Relations website, highlights DZS as a leader in broadband connectivity systems and software solutions with over 20 million products deployed globally. A conference call is scheduled for November 2, 2021, at 10:00 a.m. ET to discuss the results further. Shareholders and interested parties are encouraged to participate in this call via webcast or teleconference.
DZS (NASDAQ: DZSI) has announced an agreement with Jabil Inc. (NYSE: JBL) to expand its manufacturing services amidst increasing global demand for broadband access and mobile transport solutions. This collaboration aims to enhance DZS’s supply chain efficiency and scalability, allowing more effective response to customer needs and world events disruptions. The partnership leverages Jabil's global manufacturing presence, improving DZS's capabilities while supporting initiatives like rural connectivity investments. This strategic move positions DZS for growth in the evolving telecommunications sector.
DZS (NASDAQ: DZSI) has announced a new partnership with Aminia, a Malaysian telecom solutions provider. This collaboration aims to enhance enterprise network connectivity and service provider access technology in Malaysia. Aminia will offer DZS's advanced solutions, including DZS Chronos and DZS FiberLAN, tailored for various sectors such as education and government. The partnership capitalizes on Malaysia's growing telecom market and its National Fibre and Connectivity Plan, expected to accelerate growth.
DZS Inc. (NASDAQ: DZSI) will announce its third-quarter financial results on November 1, 2021, after market closure. The results will be accessible through a news release on the DZS Investor Relations website. A conference call to discuss the results is scheduled for November 2, 2021, at 10:00 a.m. ET. DZS is a leader in broadband connectivity and software-defined networking, with a footprint of over 20 million products globally. The company serves advanced service providers, helping them leverage the potential of 5G and high-capacity fixed broadband.
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