Ciena Corp Stock Price, News & Analysis

Ciena has launched the WaveLogic 6 technology, enhancing coherent optics with capabilities to support up to 1.6Tb/s single-carrier wavelengths. The new systems, WaveLogic 6 Extreme and WaveLogic 6 Nano, improve spectral efficiency by 15% and reduce space and power requirements by 50%. This innovation aims to address the growing demand for bandwidth while minimizing energy use. WaveLogic 6 will be available in the first half of 2024, marking a significant advancement in optical transport solutions tailored for service providers.

Ciena Corporation (NYSE: CIEN) announced the availability of proxy materials for its 2023 Annual Meeting of Stockholders, scheduled for March 30, 2023, at 3:00 p.m. ET. The meeting will be led by President and CEO Gary B. Smith and Senior VP David M. Rothenstein. Stockholders as of the January 30, 2023 record date will receive a notice to access proxy materials online and participate in the meeting. An audio webcast with a slide presentation will be available during the event. Ciena’s 2022 Annual Report can also be accessed on their Investor Relations website.

Ciena (NYSE: CIEN) has partnered with Maryland Broadband Cooperative (MdBC) to upgrade its optical network across Maryland. This initiative involves deploying new transport technology to enhance the existing 2,500 fiber mile network, providing 400G transport services to over 80 member organizations, including telecom and healthcare entities. The upgrade aims to improve broadband access, promote economic development, and enhance digital equity in rural areas. Ciena's technology will facilitate better network management and proactive maintenance, ultimately supporting community needs.

Ciena Corporation (NYSE: CIEN) will announce its fiscal first-quarter results on Monday, March 6, 2023, before market opening. The press release will be accessible via Ciena's website. Accompanying the financial results, Ciena will also provide additional supporting materials in the Investor Relations section. A live audio web broadcast featuring management will begin at 8:30 a.m. Eastern on the same day, available through their site. For those unable to attend live, a recording will be made available shortly after the call concludes.

Ciena (NYSE: CIEN) has successfully increased the capacity of the Honotua international submarine cable to 300Gb/s, meeting rising traffic demands in French Polynesia. This upgrade, completed in October 2022, enables rapid future growth with a potential upgrade path to 5Tb/s. The Honotua cable spans 4,500km, connecting islands from Tahiti to Hawaii, and serves over 220,000 mobile subscribers and 45,000 fixed internet customers. Ciena's innovative GeoMesh Solution and collaboration with ONATi and Intelia were instrumental in this project.

Ciena Corporation has announced key leadership changes effective January 30, 2023. Joe Cumello has been promoted to Senior Vice President and General Manager of the Blue Planet division, succeeding his role as Senior Vice President, Global Marketing & Communications. Cumello, who has over 30 years of industry experience, will focus on growth strategies for Blue Planet. Rebecca Smith has been appointed to replace him, moving from Vice President, Global Portfolio and Programs Marketing. She brings over 25 years of experience and will lead Ciena’s global marketing strategy.

Ciena Corporation announced key leadership changes aimed at enhancing its strategic direction. David M. Rothenstein has been promoted to Senior Vice President and Chief Strategy Officer, following nearly two decades as General Counsel. He will spearhead strategic planning, mergers, and acquisitions, while continuing to oversee sustainability efforts. Concurrently, Sheela Kosaraju has been elevated to Senior Vice President and General Counsel, managing global legal affairs since joining in 2010. These appointments are effective January 30, 2023, and reflect Ciena's commitment to strong leadership and market growth.

Ciena Corporation (NYSE: CIEN) will participate in the Needham Growth Conference on January 10, 2023, at 12:45 p.m. Eastern Time. David Rothenstein, Senior Vice President and Chief Strategy Officer, is set to speak at this live webcast event. Archived versions will be available approximately 24 hours post-event on the Events & Presentations page of Ciena's website. Ciena specializes in networking systems and services, enabling customers to create adaptive networks.

Ciena (NYSE: CIEN) has partnered with Dedicado to deploy a groundbreaking high-capacity network between Argentina and Uruguay, utilizing WaveLogic 5 Extreme technology. This network offers speeds between 600 Gbps and 800 Gbps, aiming to enhance support for 5G and data traffic. It can deliver up to 25.2 Tbps, providing flexibility to meet unpredictable bandwidth demands. The deployment is expected to reduce operational costs and power usage while improving network efficiency.