Paragould Municipal Utilities Leaps Ahead to XGS-PON with Harmonic
Rhea-AI Summary
Harmonic (NASDAQ: HLIT) announced that Paragould Municipal Utilities in Arkansas has chosen its cOS broadband platform for high-speed fiber broadband delivery. The platform, featuring cOS virtualized core software and Pier OLT shelf, will simplify Paragould's transition from GPON to XGS-PON, enabling 10G connectivity and supporting third-party ONU/ONTs.
Key benefits include:
- Improved broadband network speed and capacity
- Flexibility for network evolution
- Cost efficiencies through increased serviceable area size
- Freedom from vendor lock-in
- Accelerated fiber service deployment
Harmonic's cOS platform currently powers broadband services to over 28 million homes worldwide. The company will showcase its solutions at Fiber Connect 2024 in Nashville, Tennessee, July 28-31.
Positive
- Paragould Municipal Utilities selected Harmonic's cOS broadband platform for high-speed fiber broadband delivery
- The platform enables migration from GPON to XGS-PON, offering 10G connectivity
- Harmonic's solution provides cost efficiencies and increased serviceable area size
- The open approach to ONU/ONT selection breaks vendor lock-in and accelerates deployment
- Harmonic's cOS platform powers broadband services to over 28 million homes worldwide
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HLIT declined 0.88%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Being Showcased at Fiber Connect 2024, Harmonic's cOS Virtualized Core Software and Pier OLT Shelf Enable 10G Connectivity, Third-Party ONU/ONT Support and Cost Efficiencies
Harmonic will showcase its cOS broadband platform and versatile portfolio of network edge devices at Fiber Connect 2024 in
"Transitioning to XGS-PON technology will significantly enhance broadband speeds and provide a superior internet experience to our customers," said Matthew McFadden, network services manager at Paragould Municipal Utilities. "Harmonic's cOS virtualized core software and Pier OLT shelf provide us with an economical solution that scales efficiently for fiber service delivery. By supporting best-in-class ONU/ONTs, the Pier OLT shelf allows us to deliver the most advanced in-home internet experience with a third-party WiFi solution."
"We're thrilled to work with
Harmonic's market-leading cOS virtualized broadband platform powers next-gen broadband services to more than 28 million homes for service providers worldwide, including leading operators in
To schedule a meeting with Harmonic at Fiber Connect 2024 in booth 786, visit www.harmonicinc.com/broadband/events/fiberconnect. Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2023, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.
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SOURCE Harmonic Inc.