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) announces a successful rural broadband network deployment by Craighead Electric Cooperative Corporation in northeast Arkansas, connecting over 10,000 locations to its fiber network. The initiative, implemented by Irby, has resulted in gigabit Internet speeds for nearly 30,000 residents and has surpassed its initial goal by connecting twice as many locations 24 months ahead of schedule. DZS's solutions facilitated this expansion, allowing Craighead Electric to modernize its electrical grid and improve broadband access for the community.
DZS (NASDAQ: DZSI) has partnered with Vianet to enhance broadband access in the underserved Township of Carling, Ontario. Utilizing advanced fiber-to-the-home technology, the initiative aims to provide high-speed internet to 240 homes, significantly improving connectivity for rural residents. Funded partly by Canada's Centre of Excellence in Next Generation Networks (CENGN), the project began with a 10Gbps GPON fiber link. DZS's reliable solutions are enabling this community to access vital digital services, showcasing a strong commitment to bridging the connectivity gap in rural areas.
DZS announced the launch of the DZS Helix Edge Access portfolio, featuring various fiber termination points and managed access solutions. This portfolio supports 10 gig-class hyper-broadband services and Wi-Fi 6, aimed at enhancing user experience and operational efficiency. Leveraging DZS Cloud, the solutions offer insights for broadband management, allowing for rapid service deployment. These innovations promise lower churn and new revenue opportunities for service providers, showcased at the Fiber Connect 2021 Conference.
DZS (NASDAQ: DZSI) showcased its innovations at the Fiber Connect 2021 Conference in Nashville, emphasizing its role as a leader in optical and packet-based mobile transport solutions. Visitors to booth #215 experienced live demonstrations of DZS Cloud Service Management Intelligence and the XCelerate line of 10 gig-class fiber access systems. The company aims to advance operational efficiency and automate networks through its analytics solutions. Key speakers highlighted the importance of next-gen broadband connectivity amidst the post-pandemic recovery.
DZS (NASDAQ: DZSI) has launched XCelerate, a new line of 10 gig-class fiber access line cards and switches, enhancing the deployment of multi-gigabit services. This technology enables service providers to shift from GPON to XGS-PON seamlessly, using existing DZS equipment. Consolidated Communications plans to use XCelerate to expand services to 1.6 million homes. The innovative architecture supports various access technologies and promises significant cost savings, with expectations of over 50% reductions in capital expenses and improved asset lifespan for service providers.
DZS (Nasdaq: DZSI) announced its role as a key partner in Consolidated Communications' gigabit fiber network expansion, set to upgrade over 70% of its service area nationwide. This five-year project will provide symmetrical multi-gigabit services, reaching 1.6 million homes and businesses, including 27,000 locations backed by the Rural Digital Opportunities Fund (RDOF). Utilizing the DZS Velocity and Helix solutions, the initiative aims to deliver 10 Gbps capable broadband access technology and is recognized as one of the most comprehensive network buildouts in North America.
Charlie Vogt, CEO of DZS, has joined the Board of Directors for the Alliance for Telecommunications Industry Solutions (ATIS) and its Next G Alliance. This move aims to enhance DZS's position in the telecommunications sector, focusing on innovation and open standards to advance technologies like 5G and 6G. Vogt's experience of over 30 years in leading transformations in the tech industry is expected to align DZS's strategies with ATIS's objectives for future technology direction. DZS has already deployed over 1.5 million mobile xHaul ports globally.
DZS (NASDAQ: DZSI) and Quanta Cloud Technology (QCT) have formed a strategic partnership to enhance network virtualization and accelerate 5G infrastructures for telecom operators. This collaboration aims to leverage both companies' strengths in software-defined networking and edge cloud technologies, leading to optimized deployment blueprints for 5G networks. Joint solutions will be showcased at the Big 5G Event in Denver, CO. This initiative reflects a commitment to advancing network-aware cloud technologies for improved service monetization.
DZS Inc. (NASDAQ: DZSI) will announce its second quarter financial results on August 2, 2021, after market close. A conference call to discuss these results is scheduled for August 3, 2021, at 10:00 a.m. Eastern Time. Interested parties can join via U.S. dial-in or international numbers, with a specific conference ID provided. DZS has established itself as a leader in mobile transport and networking solutions, with over 20 million products in-service across more than 100 countries.
DZS (NASDAQ: DZSI) has been selected by the 6-star Dolce by Wyndham Hanoi Golden Lake Hotel in Vietnam to implement its FiberLAN solution, enhancing guest connectivity and operational efficiency. The hotel has achieved 100% guest satisfaction with internet services and reported a 38% cost savings compared to older copper networks. The DZS FiberLAN enables high-speed data, voice, and video services over a single fiber cable, significantly reducing operational complexities and improving guest experiences. This partnership sets a new standard in high-tech hospitality in Asia.
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