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 announced a strategic partnership with Plume to launch DZS Xperience, an advanced broadband customer experience management solution. This integration combines DZS Cloud and DZS Helix Edge Access portfolios with Plume’s SaaS platform. The partnership aims to enhance service delivery for over 750 providers, focusing on reducing operational costs, improving customer retention, and increasing revenue opportunities. DZS Xperience allows service providers to offer innovative services, empowering subscribers with self-service tools for optimized connectivity.
DZS (Nasdaq: DZSI) has honored its President and CEO, Charlie Vogt, with the Person of the Year award from Light Reading’s Leading Lights Awards. Recognized for his transformative impact on the company since August 2020, Vogt has driven a 30% year-over-year revenue growth through a customer-focused culture and strategic investments. Under his leadership, DZS has introduced new products, including solutions for Fiber-based Broadband and 5G. Vogt's leadership has also earned him several accolades in the industry, signifying DZS's growing influence in broadband connectivity and software-defined networking.
DZS (NASDAQ: DZSI) has announced its partnership with Optimus, a leading distributor in Thailand, enabling clients to access advanced DZS broadband solutions. This collaboration aims to enhance connectivity through cutting-edge fiber-based solutions such as DZS Chronos, DZS Velocity, and DZS FiberLAN. Optimus's established reputation in the region positions it as a key player in providing network upgrades for various sectors, including hospitality and manufacturing. The partnership is part of DZS's strategy to invest in the growing APAC market.
DZS (NASDAQ: DZSI) announced a collaboration with Freedom Fibre to deploy a high-performance fiber network for TalkTalk, serving over 4 million customers in the UK. The 18-month rollout aims to provide broadband services to over 130,000 subscribers in northwest England. Utilizing DZS's advanced GPON/XGS-PON technology, the partnership seeks to enhance connectivity and reduce operational costs. DZS emphasizes the project’s scalability and reliability, catering to growing bandwidth demands. The collaborative efforts highlight DZS’s position in the broadband connectivity market.
DZS (Nasdaq: DZSI) and QCT announced a joint demonstration of their carrier-grade 5G solutions during the Big 5G Event 2021, taking place from August 30 to September 3 in Denver, Colorado. This partnership focuses on virtualized infrastructure for service provider clouds, including edge and Open RAN environments. Key executives will deliver presentations, emphasizing the significance of their collaboration in advancing 5G technologies. Attendees can view DZS's 5G-ready xHaul solutions and other innovative products at booth #200.
DZS has partnered with KLF Italia to introduce its FiberLAN solution to over 30 hospitality properties in Italy and Croatia, enhancing their network capabilities. Notable hotels like Club Med Cefalù and Hotel Excelsior Venice are included in this initiative. The collaboration aims to provide reliable broadband infrastructures, integrating various building services into one network, thus improving guest experiences and operational efficiency. KLF highlights significant performance improvements and simplified maintenance as key benefits of DZS's technology.
DZS (NASDAQ: DZSI) has announced a strategic partnership with Digicomm International to enhance broadband connectivity and 5G mobile transport solutions. This alliance allows DZS to meet the increasing demand for fiber-based broadband, aided by government initiatives such as the $65B Bipartisan Broadband Infrastructure Bill. Digicomm will distribute DZS products, enabling timely sourcing of advanced solutions for MSOs, telecommunication providers, and municipalities. The partnership positions DZS to leverage growing opportunities in broadband deployments, aligning with current supply chain dynamics and customer needs.
DZS Inc. (NASDAQ: DZSI) announced the posting of its second quarter 2021 unaudited financial results on its investor relations website. The company, a leader in optical and packet-based mobile transport, will hold a conference call and webcast on August 3, 2021, at 10:00 a.m. Eastern Time to discuss these results. Interested parties can access the call via the provided links. DZS has over 20 million products in service, serving clients in more than 100 countries, focusing on 5G and broadband solutions.
DZS (NASDAQ: DZSI) has appointed Misty Kawecki as Chief Financial Officer, effective immediately. With over 24 years of finance experience, including key roles at MediaKind and Imagine Communications, Kawecki will contribute to DZS's strategic direction under CEO Charlie Vogt. She succeeds Tom Cancro, who led significant financial initiatives including a $64 million equity raise. DZS is positioned for growth in the 5G and software-defined networking sectors, as highlighted by the company's transformation over the past year.
DZS (NASDAQ: DZSI) announced an expanded collaboration with Broadcom to enhance open standards for next-generation high-speed optical broadband and Passive Optical Network (PON) technology. This partnership aims to support the growing demand for standards-based architectures in broadband connectivity. DZS aims to capitalize on emerging opportunities in converging Optical, Broadband, and 5G networks. The collaboration focuses on delivering flexible, scalable solutions that integrate Broadcom's semiconductor technology with DZS's software-defined networking.
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