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| Zhone enables one of the largest GPON deployments in Argentina, continuing traction in LATAM |
Oakland, CA, Sept 27, 2013 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced that TVFuego has selected Zhone for a new GPON network deployment that will enable greater bandwidth support for its customers. Headquartered in Rio Grande on the island of Tierra del Fuego, Argentina, cable operator TVFuego will deploy Zhone's MXK and zNIDs to provide triple play services to approximately 18,000 residential and business subscribers in the Rio Grande area. This is one of the largest GPON deployments to date in Argentina.
Prior to Zhone's deployment, TVFuego offered triple play through Data Over Cable Service Interface Specification (DOCSIS). TVFuego chose to deploy GPON because it is the only technology that allowed growth without immediate limitations, providing a more scalable solution for their future bandwidth needs. Through implementing the GPON network, the operator is now able to offer a wide range of services at lower costs.
"Zhone's forward-looking approach to TVFuego's specific needs, as well its impressive portfolio of products and local support, made it the superior choice for our new GPON network," said Jose Luis Panos, chief executive officer of TVFuego. "Zhone's services have given TVFuego the ability to provide our customers with the increased bandwidth capacity and reliability of services that they desired."
The island of Tierra del Fuego has one of the toughest environments for outside fiber because of year-round high winds and below-freezing temperatures in the winter. The island was recently connected to a new mainland backbone with a new fiber that allowed them to access higher speed connections, substantially increasing bandwidth capabilities in the area. Zhone needed to work closely with local reseller, Communications Partner, to ensure the design and engineering for deployment of the MXK and ONTs were adaptable to TVFuego's specific needs.
"Zhone provides truly scalable solutions and this deployment is an excellent example of the adaptability of our products, expanding our foothold on the cable market," said Brian Caskey, chief marketing officer at Zhone Technologies. "This year, Zhone has made significant traction in Latin America, with recent deployments in Brazil, Mexico and Argentina. We are excited to partner with TVFuego to provide faster and more reliable triple play services to its customers in Tierra del Fuego."
Zhone has built the industry's most comprehensive portfolio of FTTx customer premise equipment, for both Active Ethernet and GPON standards, including a variety of configurations for residential, business, MDU, and cellular backhaul applications. For more information on Zhone's innovative solutions, please visit Zhone's FiberHome(TM) portfolio or go to http://www.zhone.com.
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 and the Company's quarterly report on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013. 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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