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| South African converged communications network operator deploys MXK and GPON ZNID solutions |
Oakland, CA, Aug 20, 2014 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that Neotel recently deployed Zhone's MXK and GPON ZNIDs, as well as Zhone's High Availability Management System (ZMS) to assist with network management in Johannesburg, South Africa. The deployment enables Neotel to continue delivering high speed services to its wholesale, business and retail customers at competitive prices. The platform also allows Neotel to offer a flexible range of extensive broadband products previously unavailable to its customers.
Neotel is South Africa's first converged communications network operator. It provides a range of value-added voice, Internet and data services for businesses, wholesale network operators and providers and retail customers. Neotel also delivers services that reduce the cost of doing business through the optimal use of advanced technologies.
"Zhone's GPON solution assisted Neotel in offering a new tiered service called NeoBroadband which provides a faster, affordable and more reliable broadband service in comparison to other offerings in the marketplace," said Sunil Joshi, MD and CEO of Neotel.
Due to the success of Neotel's Point-to-Point Ethernet solutions and the demand for fiber optic connectivity, Zhone provided a solution that reduces costs for Neotel and extends the life of its existing fiber assets in its access network. Deploying a GPON solution from Zhone means that Neotel does not have to dig trenches for additional fiber and can deliver high speed broadband services to its customers speedily, while also reducing costs.
"Neotel chose to deploy Zhone products because of its impressive range of ONT's, port density on the MXK, its management solutions and the ability to integrate into the company's existing Operations Support Systems and Business Support Systems," explained Brian Caskey, chief marketing officer at Zhone Technologies. "Zhone's services helped further enable Neotel to upgrade its broadband services, while also offering additional value to its customers."
Zhone's MXK and GPON ZNID platforms provide highly scalable and cost efficient mediums for delivering sophisticated services to subscribers. Zhone's MXK is the industry's first intelligent terabit access concentrator, providing industry-leading density, throughput and switching capacity. For more information on Zhone's MXK offerings or other solutions in Zhone's FiberHome(TM) portfolio, please visit http://www.zhone.com. Zhone is excited to work with a leading edge innovator, such as Neotel, in the SA market.
About Zhone Technologies
Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in the fiber access market, 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.
About Neotel
Neotel is South Africa's first converged communications network operator. It provides a range of value-added voice, internet and data services for businesses, wholesale network operators and providers and retail customers using its IP Next Generation Network, powered by Neotel's high-performance fibre optic backbone. Neotel connects the major centres in South Africa to each other and to the world, directly linking its infrastructure into Tata Communications' global Tier 1 network. Neotel offers fresh thinking, a creative approach and flexible solutions for communications in South Africa. Neotel continues to invest in developing a world-class fibre network infrastructure which now spans Johannesburg, Pretoria, Durban, Cape Town, Pietermaritzburg, Port Elizabeth and traverses approximately 30 other cities, towns and villages in South Africa.
In May 2014, Vodacom and Neotel confirmed that they have reached an agreement on the key commercial terms for Vodacom to acquire 100% of the equity in Neotel.
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, 2013 and the Company's quarterly report on Form 10-Q for the quarters ended March 31, 2014 and June 30, 2014. 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
Aurora Arlet
Edelman for Zhone Public Relations
Tel: +1-404-460-8578
E: aurora.arlet@edelman.com
Zhone Investor Relations
Tel: +1-510-777-7013
Fax: +1-510-777-7001
E: investor-relations@zhone.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Zhone Technologies, Inc via Globenewswire
Topic: Contract Awarded
Source: Zhone Technologies
https://www.acnnewswire.com
From the Asia Corporate News Network
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