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), a leader in access and cloud-controlled software solutions, has appointed Tom Carter as Chief Customer Officer for the Americas and EMEA. Carter, formerly of Ciena’s Blue Planet, joins DZS amid a transformative period under CEO Charlie Vogt, during which the company added over 200 new customers and expanded its market share among top communications service providers. DZS has executed strategic acquisitions to enhance its offerings in metro optical and cloud-controlled networking. The company leverages substantial investments exceeding $100 billion for growth and remains focused on innovation in broadband and mobile solutions.
DZS Inc. (NASDAQ: DZSI), a leader in access and optical edge infrastructure, announced participation in the 25th Annual Needham Growth Conference on January 10-11, 2023. The event will take place at the Lotte New York Palace Hotel in New York City, with a presentation scheduled for January 11 at 3:00 p.m. ET. CFO Misty Kawecki and CTO Andrew Bender will represent the company. A webcast of the presentation will be available on the DZS investor relations website.
DZS (NASDAQ: DZSI) successfully participated in the O-RAN ALLIANCE Global PlugFest Fall 2022, showcasing its innovative 5G xHaul solutions. The event involved collaboration with major operators like AT&T and DISH Network across Asia, Europe, and North America. Key products, including the M4000 Converged Transport System and C1200 series Gateways, demonstrated advanced features for 5G deployments. With 106 organizations involved, DZS highlighted its commitment to open standards and multi-vendor solutions, reinforcing its strategy in the rapidly evolving telecommunications landscape.
DZS (NASDAQ: DZSI) has renewed its partnership with TalkTalk Group, the UK’s fourth-largest broadband provider, to enhance broadband experience for its clients using CloudCheck and Expresse solutions. The collaboration aims to improve service quality and operational efficiency for TalkTalk's residential and business customers. TalkTalk plans to leverage DZS technology to minimize call escalations and enhance overall connectivity experience. DZS’s Cloud EDGE solutions ensure network orchestration and connectivity optimization, positioning both companies for better market performance.
DZS Inc. (NASDAQ: DZSI) has announced a public offering of 3,377,315 shares of common stock at $11.50 per share, with total gross proceeds expected to reach approximately $28.8 million. Of the shares, 2,507,750 are offered by the Company and 869,565 by a selling stockholder. The offering is set to close on or around November 21, 2022, subject to customary conditions. The proceeds will be used for general corporate purposes including R&D and working capital. The underwriters have a 30-day option to purchase additional shares.
DZS Inc. (NASDAQ: DZSI) announced a public offering of 2,507,750 shares of its common stock, alongside 869,565 shares from DASAN Networks, Inc. The company expects to grant underwriters a 30-day option to purchase up to an additional 15% of the shares. Proceeds will fund general corporate purposes including R&D and working capital. The offering is subject to market conditions and will be executed under a shelf registration statement declared effective on May 11, 2022. Cowen and Stifel are the joint book-running managers for this offering.
DZS (Nasdaq: DZSI), a leader in access and optical edge infrastructure, has announced participation in various upcoming investor conferences in Q4 2022. Key events include:
- Stifel 2022 Midwest One-on-One Growth Conference on November 10 in Chicago.
- Needham 16th Annual Virtual Security, Networking, & Communications Conference on November 15.
- Three Part Advisors 14th Annual Southwest Ideas Conference on November 16 in Dallas.
- Craig Hallum 13th Annual Alpha Select Conference on November 17 in New York.
- Oppenheimer 5G Summit on December 13 (virtual).
DZS (Nasdaq: DZSI) announced that Mid-Hudson Cable will upgrade its communications network to 10-gig symmetrical speeds, with plans for future scalability to 50G/100G technologies. This enhancement, based on the DZS Velocity V6 system, aims to support multi-gigabit services across 45,000 homes in the Hudson Valley area. Mid-Hudson Cable seeks to solidify its position as a top provider in New York by leveraging DZS's technology to meet growing demand for bandwidth-intensive services.
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