Welcome to our dedicated page for Calix Networks news (Ticker: CALX), a resource for investors and traders seeking the latest updates and insights on Calix Networks stock.
Calix Networks (CALX) provides essential cloud platforms and managed services that enable communication service providers to optimize network performance. This dedicated news hub offers investors and industry professionals centralized access to official company announcements and strategic developments.
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Calix has enhanced its Intelligent Access EDGE platform, integrating significant security improvements aimed at safeguarding broadband networks from cyber threats. The updates allow broadband service providers (BSPs) to isolate and block unauthorized traffic, preventing potential attacks. These enhancements also mitigate network congestion, ensuring better bandwidth availability. With the support of Calix's Network Consulting Services, deployment of the upgraded software can be expedited by up to 75%. Overall, these advancements empower BSPs to offer robust managed home security services.
Calix has launched the Broadband Academy, a unique educational initiative aimed at training leaders from rural communities to establish and manage high-speed fiber broadband services. Partnering with Utilities Technology Council, the program focuses on five core competencies, including securing funding and designing scalable networks. With over $100 billion in funding available, this initiative aims to bridge the digital divide affecting 14.5 million rural residents. Pre-registration is open, and the program will be available to various providers, including electric cooperatives.
Calix (NYSE: CALX) has enhanced its GigaSpire BLAST u6x system by introducing a swappable XGS-PON SFP module. This innovation simplifies broadband service delivery, enabling providers to reduce installation times by 50% and inventory costs by 50%. The GigaSpire BLAST u6x, which integrates Wi-Fi 6 technology, also cuts power consumption by over 50%. This offering allows broadband service providers (BSPs) to meet increasing bandwidth demands and significantly improves operational efficiency.
Calix announced a partnership with Bark Technologies to enhance its Revenue EDGE portfolio, providing advanced online safety tools for children. As 85% of teens face bullying and 75% experience self-harm, this collaboration aims to empower broadband service providers (BSPs) to protect families through AI-driven monitoring of online activities. The service integrates with Calix's existing solutions, including ExperienceIQ, allowing BSPs to boost subscriber satisfaction and reduce churn. Bark's technology will help monitor over 3.4 billion online activities, enhancing community safety.
Calix, Inc. (NYSE: CALX) announced participation in two key events: the 17th Annual Needham Technology & Media Conference on May 18, 2022, featuring a virtual chat with CEO Carl Russo and CFO Cory Sindelar at 8:45 a.m. PT, and the 16th Annual Barrington Research Virtual Spring Conference on May 19, 2022, where both executives will be available for meetings.
These events highlight Calix's commitment to innovation in broadband services, leveraging its cloud and software platforms to enable providers to enhance subscriber experiences and drive growth.
Calix, Inc. (NYSE: CALX) announced enhancements to its Calix Support Cloud that now includes a Subscriber Quality of Experience (QoE) Score. These features enable broadband service providers (BSPs) to reduce call handling times by up to 27% and improve support efficiency by providing comprehensive network visibility. The updates also include Spanish language capabilities and integration with the CommandIQ app and ProtectIQ, which enhance customer support while minimizing security-related support calls.
Calix, Inc. (NYSE: CALX) announced a new integration of its Calix Marketing Cloud with Constant Contact, enhancing marketing automation for broadband service providers (BSPs). This integration allows even small marketing teams to automate communications, improving engagement rates by up to 200%. The Calix Revenue EDGE platform has seen a 90% increase in BSP adoption, facilitating new service offerings like home-network security. This platform supports various marketing tools, including Mailchimp and HubSpot, contributing to increased subscriber satisfaction and revenue growth.
Calix has partnered with Vattenfall Eurofiber to develop a high-speed 10G fiber network in Berlin, targeting over 500,000 households. The project utilizes Calix's Intelligent Access EDGE and Network Innovation Platform, enabling OPEX and CAPEX savings by up to 80%. This network aims to enhance broadband access and is part of a broader initiative to improve fiber adoption in Germany. Construction will continue through 2026, with cooperation from local service integration partner ANEDIS GmbH AR. The German government is also investing €12 billion in broadband connectivity projects.
Calix has appointed Doug McNitt as executive vice president and general counsel, effective today. With over 30 years of experience in the legal field, particularly in technology sectors such as artificial intelligence and cloud, McNitt will enhance Calix’s legal strategy and operations. His expertise is expected to benefit the company's All-platform strategy as it seeks to drive growth and address security and privacy challenges. CEO Carl Russo expressed enthusiasm for McNitt's leadership and market insights.