SECOM Deploys Infinera XTM Series for Middle-mile Network to Bring New Broadband Services to Underserved Rural Colorado

Rhea-AI Summary

Infinera (Nasdaq: INFN) announced that SECOM is modernizing its middle-mile and business Ethernet access network using Infinera's XTM Series optical transport solution. This upgrade will bring new multi-gigabit broadband services to underserved rural southern Colorado communities. SECOM, a subsidiary of Southeast Colorado Power Association, is expanding its network capabilities to deliver multi-gigabit Ethernet services and 100G/400G broadband transport.

The XTM Series provides SECOM with a temperature-hardened and low-latency packet optical middle-mile network, suitable for residential, business, and Carrier Ethernet traffic. This modernization project aims to maximize the region's economic and social development opportunities and close the digital divide in remote locations.

Positive

• Expansion of SECOM's network capabilities to deliver multi-gigabit Ethernet services
• Deployment of Infinera's XTM Series solution to modernize middle-mile network
• Potential for increased market share in rural southern Colorado
• Enhanced network flexibility, reliability, and reach for SECOM

Negative

• None.

Insights

Tech Expert

The deployment of Infinera's XTM Series by SECOM is a notable development within the telecom and broadband industry. The XTM Series is recognized for its high-capacity optical transport solutions, making it well-suited for middle-mile and business Ethernet access networks. This deployment will enable SECOM to offer multi-gigabit broadband services in rural southern Colorado, addressing the critical need for high-speed internet in underserved areas.

From a technological standpoint, the XTM Series offers a temperature-hardened and low-latency packet optical middle-mile network. This is particularly advantageous for SECOM, as it ensures reliable performance even in the most demanding operational environments. Furthermore, the scalability of the XTM Series allows SECOM to manage a mix of residential, business and Carrier Ethernet traffic efficiently.

In terms of broader implications, this project positions SECOM to significantly enhance connectivity infrastructure, thereby promoting economic and social development in rural Colorado. By providing a more robust and scalable network, SECOM can better support the bandwidth needs of large enterprises and industrial parks, which are pivotal in driving regional growth.

Market Research Analyst

The modernization of SECOM's network with Infinera's XTM Series has several market implications. Firstly, it demonstrates the growing trend of telecom companies investing heavily in middle-mile infrastructure to cater to the rising demand for high-speed internet in rural areas. This move aligns with the global push towards closing the digital divide, ensuring that even remote regions have access to reliable broadband services.

For investors, this deployment signals Infinera's strategic penetration into rural broadband markets, which could potentially drive revenue growth. SECOM's decision to partner with Infinera underscores the latter's technological prowess and market competitiveness in providing scalable and reliable optical transport solutions.

Additionally, this partnership with SECOM, a major telecommunications service provider in Colorado, could set a precedent for similar collaborations in other regions. This could lead to increased market share and revenue streams for Infinera. For SECOM, the enhanced network capabilities will likely result in customer growth and higher service adoption rates, positively impacting their overall business performance.

Financial Analyst

From a financial perspective, the deployment of the XTM Series by SECOM could provide significant returns on investment (ROI) for both SECOM and Infinera. For SECOM, modernizing their middle-mile network will likely lead to increased customer satisfaction and retention, reduced operational costs due to improved network efficiency and the ability to offer higher-margin services such as multi-gigabit Ethernet to a broader customer base.

Infinera stands to benefit from the sale and deployment of their XTM Series, contributing to their revenue growth. Moreover, this project could enhance Infinera's market reputation as a leading provider of scalable and reliable optical transport solutions, potentially attracting more business from other telecom companies looking to upgrade their networks.

Investors should note that while the immediate financial impact may be modest given the scope of a single deployment, the long-term prospects for revenue growth and market expansion are promising. The success of this project could also signal further opportunities for Infinera in similar rural broadband initiatives, which are likely to gain traction as governments and private enterprises strive to bridge the digital divide.

SAN JOSE, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that SECOM is modernizing its middle-mile and business Ethernet access network using Infinera’s XTM Series optical transport solution to bring new multi-gigabit broadband services to previously underserved rural southern Colorado communities. SECOM’s enhanced network provides connectivity for thousands of customers, including homes, schools, libraries, government entities, telecoms, and businesses.

SECOM, the wholly owned broadband subsidiary of Southeast Colorado Power Association (SECPA), a rural electric power cooperative, is one of the largest telecommunications service providers in the region, with a fiber network spanning around 2,000 miles throughout southeastern Colorado.

With Infinera’s XTM Series, SECOM is expanding the capabilities of its middle-mile network to deliver multi-gigabit Ethernet services driven by the bandwidth growth of large enterprises and industrial parks, as well as the 100G/400G broadband transport needed to aggregate thousands of broadband services offered in newly created fiberhoods. This middle-mile network modernization project provides SECOM the network flexibility, reliability, and reach needed to maximize the region’s economic and social development opportunities and close the digital divide in the most remote and rugged locations.

The XTM Series provides SECOM with a temperature-hardened and low-latency packet optical middle-mile network that is ideally suited to the combination of residential, business, and Carrier Ethernet traffic in the network and the demanding operational environment at the edge of the network.

“Infinera’s XTM solution was easy to deploy,” said Elijah Quinn-Ridgwell, Chief Technology Officer at SECOM. “We have a vast and mostly rural service area, which benefits from Infinera’s edge-optimized platform, enabling us to aggregate larger amounts of traffic from more varied and remote locations. Upgrading the network with Infinera’s XTM solution maximized our broadband and Ethernet capabilities across our network, creating a more robust and scalable infrastructure that will allow us to continue to grow well into the future.”

Infinera worked with its partner World Wide Technology (WWT) on the network design and deployment for SECOM.

“We are pleased to work with WWT to upgrade SECOM’s network, bringing vital fiber and mobile broadband connectivity to underserved communities in rural Colorado,” said Nick Walden, Senior Vice President, Worldwide Sales at Infinera. “Modernizing SECOM’s middle-mile network ensures southern Colorado keeps pace with the rest of the world.”

Infinera technology experts will be at FiberConnect July 24-28 at the Gaylord Opryland in Nashville, Tennessee. To schedule a meeting or to learn more about Infinera’s solutions for rural broadband networks, contact sales@infinera.com.

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 operational and performance benefits of Infinera’s XTM Series optical transport solution. 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 March 30, 2024 as filed with the SEC on May 24, 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.

FAQ

What is Infinera's role in SECOM's network modernization project?

Infinera is providing its XTM Series optical transport solution to modernize SECOM's middle-mile and business Ethernet access network, enabling multi-gigabit broadband services in rural southern Colorado.

How will SECOM's network upgrade impact rural communities in Colorado?

The network upgrade will bring new multi-gigabit broadband services to previously underserved rural southern Colorado communities, providing connectivity for homes, schools, libraries, government entities, telecoms, and businesses.

What are the key features of Infinera's XTM Series solution deployed by SECOM?

Infinera's XTM Series provides a temperature-hardened and low-latency packet optical middle-mile network, suitable for residential, business, and Carrier Ethernet traffic in demanding operational environments.

When did Infinera (INFN) announce the SECOM network modernization project?

Infinera (INFN) announced the SECOM network modernization project on July 22, 2024.