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| Deployment provides high speed connections for buildings in the Twin Cities market |
Oakland, CA, Apr 3, 2013 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced that Warner Properties Communications (WPC), a full-service satellite/Internet provider, has selected Zhone for the integration of its VDSL2 technology. Through this deployment, WPC will be able to provide high speed data, video and voice services to its more than 15,000 subscribers in the Twin Cities market.
VDSL2 is a technology that enables telcos to maintain bottom-line costs while remaining competitive with cable providers by delivering fiber-like speeds over copper lines. For WPC, it specifically offers symmetrical access mirroring existing capabilities with Ethernet deployments consisting of 10/100 mbps port speeds. VDSL2 also allows WPC to scale capital expenditure as subscribers increase, allowing for initial deployment costs to be more reasonable for its current footprint.
"Warner Properties Communications needed a solution for buildings not wired with category five cables or better, and thus could not use Ethernet. Coax solutions such as DOCSIS were too expensive and not suitable for a deployment this size," said Chase Rydberg, director of network operations at Warner Properties Communications. "Zhone's VDSL2 products allowed us to have a symmetrical last-mile solution for every building we provide with Internet access."
Specializing in high performance and cost effective Internet access to low and high-rise residential buildings, Minn.-based WPC works with providers that offer metro fiber solutions to bring reliable high speed access to the buildings. WPC also works with property owners to establish a building-wide network, enabling homeowners to have access to their own available infrastructure.
"Zhone's VDSL2 will enable Warner Properties Communications to provide buildings with fiber-like speed over copper, increasing bandwidth and addressing challenges for Ethernet," said Brian Caskey, chief marketing officer at Zhone. "The solution is cost effective and customers will benefit from increased reliability and efficiency."
VDSL2 technology allows operators to meet immediate challenges with a comprehensive solution while preparing their networks for the imminent and eventual switch to a complete FTTH network. According to a recent report by RVA, the annual direct investment in FTTH networks will reach $4.7 billion by 2017 and total investment in FTTH over the next five years will be $18 billion.
Zhone's FiberHome portfolio of products and solutions fulfills the network requirements of broadband expansion efforts for residential users. For more information about Zhone's various applications, including VDSL2, please visit the Zhone FiberHome(TM) portfolio.
About Zhone Technologies
Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi-service access solutions, serving more than 750 of the world's most innovative network operators. The IP Zhone is the only solution that enables service providers to build the network of the future.today, supporting end-to-end Voice, Data, Entertainment Social Media, Business, Mobile Backhaul and Mobility service. Zhone is committed to building the fastest and highest quality All IP Multi-Service solution for its customers. Zhone is headquartered in California and its products are manufactured in the USA in a facility that is emission, waste-water and CFC free.
Zhone, the Zhone logo, and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words, and similar expressions are intended to identify forward-looking statements. In addition, forward-looking statements include, among others, statements that refer to financial estimates; projections of revenue, margins, expenses or other financial items. Readers are cautioned that actual results could differ materially from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, commercial acceptance of the Company's products; intense competition in the communications equipment market; the Company's ability to execute on its strategy and operating plans; and economic conditions specific to the communications, networking, internet and related industries. In addition, please refer to the risk factors contained in the Company's SEC filings available at www.sec.gov, including without limitation, the Company's annual report on Form 10-K for the year ended December 31, 2012. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason.
Contacts
Kierstin Coatney
Edelman for Zhone Public Relations
Tel: +1-404-460-8599
E: kierstin.coatney@edelman.com
Zhone Investor Relations
Tel: +1-510-777-7013
Fax: +1-510-777-7001
E: investor-relations@zhone.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Zhone Technologies, Inc via Thomson Reuters ONE
Topic: Press release summary
Source: Zhone Technologies
https://www.acnnewswire.com
From the Asia Corporate News Network
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