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. (DZSI) is a global innovator in broadband networking and telecommunications infrastructure, delivering advanced solutions for service providers and enterprise networks worldwide. This page serves as the definitive resource for official company announcements and industry developments.
Investors and industry professionals will find timely updates including earnings reports, product launches, strategic partnerships, and technology innovations. Our curated collection ensures access to verified information directly from DZS and trusted sources.
Key content categories include financial performance disclosures, network infrastructure advancements, cloud software developments, and market expansion initiatives. All materials maintain editorial rigor to support informed decision-making.
Bookmark this page for streamlined access to DZS's evolving business narrative. Check back regularly for essential updates shaping the future of network connectivity solutions.
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.
DZS Inc. (NASDAQ: DZSI) announced an underwritten registered public offering of its common stock. The company may grant underwriters a 30-day option to purchase an additional 15% of the shares sold. Proceeds will be used to repay loans to DASAN Networks and for general corporate purposes, including potential acquisitions. The offering is subject to market conditions, and the exact terms will be detailed in a prospectus supplement filed with the SEC.
DZS (NASDAQ: DZSI) has announced a definitive agreement to acquire Optelian, a leader in optical networking solutions. This acquisition aims to enhance DZS's Mobile Transport portfolio and expand its Tier 1 North American customer base. Optelian's products have completed the necessary certification for deployment by major service providers, supporting DZS's offerings in 4G and 5G xHaul networks. The transaction is expected to bolster DZS's R&D and operations and contribute to a comprehensive solutions portfolio that combines optical and packet-based networking options.
DZS Inc. (NASDAQ: DZSI), a leader in mobile and fixed broadband solutions, will present at the 23rd Annual Needham Growth Conference on January 11, 2021, at 9:15 a.m. ET. CEO Charlie Vogt and CFO Tom Cancro will lead the presentation, which will be accessible via audio webcast on the DZS Investor Relations website. DZS has over 20 million products deployed globally across 1,000+ service providers in more than 100 countries, emphasizing its extensive reach and innovative solutions in the networking industry.
DZS (NASDAQ: DZSI) has announced the appointment of Matt Bross and Barbara Carbone as new members of its Board of Directors. Bross, a telecom industry veteran, has held key roles at Huawei Technologies and British Telecom, while Carbone brings extensive experience as a partner at KPMG. Their expertise is expected to bolster DZS's focus on innovation and growth in areas such as 5G, Broadband Access, and Fiber-based Enterprise Solutions. The new appointments come as Rolf Unterberger and Seong Gyun Kim step down from the board, having served since 2018 and 2016 respectively.
DZS (NASDAQ: DZSI) has joined the O-RAN Alliance, Telecom Infra Project, and renewed its membership with the Broadband Forum, emphasizing its commitment to open standards and cross-industry collaboration. The company aims to drive transformation in the communications industry by partnering with innovators to enhance modern networks, including the world's first fully virtualized, cloud-native mobile network with Rakuten. DZS's strategy focuses on software-defined networks, enabling customer choice without vendor lock-in.
DZS, a leader in broadband and access networking solutions, has appointed two new executives: Jay Hilbert as Executive Vice President of AEMEA Sales and Bill Ko as Executive Vice President of Asia Sales. These appointments aim to enhance customer engagement and expand the adoption of innovative technologies like Open-RAN and FTTP. The company emphasizes growth opportunities driven by 5G advancements and government broadband initiatives. DZS is committed to fostering a customer-first culture and increasing market share globally.
DZS (NASDAQ: DZSI) is enhancing its partnership with Grain Connect to extend its fiber broadband network across the UK. The collaboration leverages DZS's point-to-point Ethernet technology, which offers speeds up to 25 times faster than the average UK broadband. This technology supports high density with symmetrical gigabit services, providing reliable connections crucial for increased remote activities during the pandemic. With only 15% of the UK having direct fiber access, Grain aims to tap into a significant market opportunity, reflecting strong growth potential.
DZS (NASDAQ: DZSI) announces its partnership with KCOM to enhance broadband services in East Yorkshire and North Lincolnshire, delivering up to 900Mbps gigafast speeds. This initiative addresses the growing demand for reliable internet amid the pandemic. KCOM's CEO emphasized the importance of expanding their fiber footprint using DZS technologies, which have supported KCOM for over 20 years. DZS continues to innovate in broadband access solutions, benefiting service providers and enterprises worldwide.
