Australia’s NBN Selects Infinera’s GX Series Platform and ICE-X Intelligent Coherent Pluggables to Upgrade National Broadband Network
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Insights
The announcement by Infinera regarding its deal with NBN Co signifies a major infrastructure upgrade that has the potential to enhance the telecommunications framework in Australia. The deployment of the GX Series platform and ICE-X intelligent coherent pluggables represents a significant technological advancement. These upgrades are crucial for increasing network capacity and efficiency, which are key drivers for the growing demand for high-speed internet services. The efficiency gains from increased traffic aggregation and power savings also imply a reduction in operational costs for NBN Co, which could lead to more competitive pricing for wholesale customers.
From a market perspective, this collaboration could result in increased revenue streams for Infinera, considering the scale of the network upgrade. The long-term benefits for Infinera include potential market share growth within the region and the strengthening of its position as a key provider of networking solutions. For NBN Co, the upgrade to its fiber optic backbone is expected to provide a robust platform that can accommodate future broadband demand, which is anticipated to surge in the next decade.
The partnership between Infinera and NBN Co is likely to have a positive financial impact on Infinera's earnings. The provision of the GX Series platform and ICE-X pluggables to overhaul NBN Co's optical network could result in a substantial contract value, which would be reflected in Infinera's financials over the duration of the deployment. Investors should monitor Infinera's revenue growth and margin improvement in the subsequent quarters as the implementation progresses.
Furthermore, the deal may enhance investor confidence in Infinera's business model and its ability to secure large-scale projects. It's important to analyze the company's backlog and order book in upcoming earnings calls to assess the sustainability of such growth. Additionally, the operational efficiencies gained by NBN Co could potentially lead to further contracts or expansions with Infinera, contributing to long-term financial stability and growth for the company.
The emphasis on power and cost per bit savings through the use of Infinera’s technology is indicative of a broader industry trend towards energy-efficient solutions. As companies and governments worldwide are increasingly prioritizing sustainability, the deployment of energy-efficient technologies is becoming a competitive advantage. For NBN Co, the adoption of Infinera's solutions not only supports operational efficiency but also aligns with environmental sustainability goals.
It is essential to consider the long-term implications of such energy savings on the company's operational expenses and the potential for reinvestment into further network improvements or other strategic initiatives. This approach could set a precedent for other telecommunications providers, potentially increasing the market demand for Infinera's energy-efficient technologies and reinforcing the company's commitment to sustainable practices.
SAN JOSE, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that NBN Co (nbn), Australia’s wholesale open-access broadband provider, has selected Infinera’s GX Series platform and ICE-X intelligent coherent pluggables to help upgrade its nationwide optical network. The combined solution, spanning metro, regional and long-haul transport, will expand the capacity of nbn’s nationwide network and enable the company to enhance delivery of high-speed services to its wholesale customers.
nbn’s nationwide network supports delivery of broadband access to wholesale customers across the country while also connecting homes and businesses on its broader nbn broadband access network. The Infinera GX and ICE-X solution, which will be deployed across nbn’s 60,000-kilometer fiber optic transport network, will increase traffic aggregation efficiencies and overall network capacity, while enabling significant power and cost per bit savings.
“The need for broadband in Australia is expected to reach levels never seen before over the next decade, and we continue to upgrade and modernise our national network to stay ahead of the evolving needs of our customers,” said Andrew Leong, nbn Chief Technology Officer – Fixed Networks. “By enhancing the performance of our fibre optic backbone by using Infinera’s GX platform and ICE-X pluggable optics, we expect to be able to cost-efficiently scale capacity while delivering a great customer experience.”
“We’re pleased to extend our longstanding relationship with nbn by providing them with a versatile suite of networking solutions enabling them to innovatively leverage their fiber assets and rapidly respond to current and emerging customer demands,” said Nick Walden, Senior Vice President, Worldwide Sales, Infinera. “nbn’s new upgraded network will continue to position them as Australia’s key telecommunications backbone.”
Contacts:
Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com
Investors:
Amitabh Passi, Head of Investor Relations
Tel. +1 (669) 295-1489
apassi@infinera.com
About Infinera
Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on X and LinkedIn, and subscribe for updates.
Infinera and the Infinera logo are registered trademarks of Infinera Corporation.
This press release contains forward-looking statements, including but not limited to the technical, operational and financial benefits of Infinera’s GX platform and ICE-X pluggables. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended September 30, 2023 as filed with the SEC on February 29, 2024, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
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