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 Inc. (NASDAQ: DZSI) is set to host its inaugural DZS Horizons21 Investor & Analyst Day on May 13, 2021, at 9:00 AM CT. This virtual event aims to offer investors insights into the company's management vision, innovation strategies, market trends, and financial outlook. Attendees will hear from key executives, including Charlie Vogt (CEO) and Tom Cancro (CFO). The presentation will be followed by a Q&A session concluding by 12:00 PM CT. Interested participants can pre-register through the company’s website.
DZS (Nasdaq: DZSI) has been selected by TELUS to provide cloud-native orchestration and automation software aimed at enhancing 5G and broadband services. This partnership is expected to enable TELUS to streamline service delivery, reduce operational costs, and improve customer retention. The deployment of DZS Cloud End-to-End Orchestration will automate lifecycle management and support various cloud environments. DZS, which launched its cloud platform in March 2021 following the acquisition of RIFT, aims to support next-gen wireless infrastructure and improve service innovation.
DZS (Nasdaq: DZSI) has announced the acquisition of RIFT, a leader in network orchestration and automation solutions. This strategic move enhances DZS's capabilities by integrating the award-winning RIFT.ware software platform into its offerings, enabling seamless deployment of services across various cloud environments. The acquisition also adds development centers in India and Massachusetts, further boosting DZS's operational reach. This initiative aims to accelerate the company’s vision for intelligent network management and expand its portfolio with new cloud-based solutions.
DZS has launched the DZS Velocity broadband access solutions portfolio, which enhances carrier flexibility with advanced fiber access technologies and SDN-enabled operational models. This launch addresses the increasing demand for multi-gigabit speeds and reliable connectivity amid growing connected device use. Key features include a unified software platform, sdNOS, supporting various access systems and offering high performance for 10gig and beyond services. The portfolio is designed for seamless integration, allowing carriers to optimize their networks effectively.
DZS Inc. (NASDAQ: DZSI) announced the release of its unaudited financial results for Q4 and fiscal year 2020, now accessible on its investor relations website. The company specializes in intelligent, packet-based mobile transport and broadband access solutions, serving over 100 countries. A conference call is scheduled for February 22, 2021, at 4:30 p.m. ET to discuss these results.
Investors are encouraged to access the report, with a replay of the call also available online.
DZS (NASDAQ: DZSI) has launched its new DZS Chronos mobile transport solutions portfolio, designed to expedite 5G and Open RAN deployments globally. This portfolio includes Fronthaul, Midhaul, and Backhaul solutions compatible with packet and optical transport technologies. With over 1.5 million mobile xHaul ports shipped, DZS aims to meet the increasing demands for low latency and high-performance synchronization in mobile networks. Key features include Time Sensitive Networking (TSN) and advanced edge capabilities, enhancing performance for various applications like gaming and IoT.
DZS (NASDAQ: DZSI) has partnered with the National Cable Television Cooperative (NCTC) to provide its 700+ members with access to 10Gig services, mesh Wi-Fi, and 5G-ready infrastructure at special pricing. This collaboration enhances broadband networks and allows NCTC members expedited access to fiber cable, with delivery in just 12 weeks. DZS's offerings include a diverse portfolio of FTTx OLT solutions and mobile transport technology. An introductory webinar will be held on March 9, 2021, to present DZS solutions to NCTC members.
DZS Inc. (NASDAQ: DZSI) is set to announce its fourth quarter 2020 financial results on February 22, 2021, prior to market opening. The results will be shared through a news release and a stockholder letter on the company’s investor relations website. In conjunction with this announcement, DZS will host a conference call at 4:30 p.m. Eastern Time to discuss the results. The call will be available for replay, providing a platform for stakeholders to revisit the financial discussions and insights.
DZS has successfully completed the acquisition of Optelian, enhancing its mobile transport portfolio and 5G roadmap. This acquisition includes Optelian’s optical transport solutions, which have achieved Telcordia OSMINE certification for deployment by Tier I service providers. The newly branded O-series will offer advanced optical solutions designed for 5G networks, delivering flexibility, scalability, and ultra-low latency. DZS aims to align with customer needs in the evolving broadband landscape, further strengthening its position in the market.
DZS Inc. (NASDAQ: DZSI) announced a priced public offering of 4 million shares at $14.00 per share, potentially raising approximately $56 million in gross proceeds. The underwriters have a 30-day option for an additional 600,000 shares. Proceeds will be used to repay loans to DASAN Networks and for general corporate purposes. The offering is expected to close on January 29, 2021, facilitated by Stifel, Needham & Company, and B. Riley Securities. The offering is part of the Company’s shelf registration statement filed with the SEC.
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