Dzs Inc Stock Price, News & Analysis

DZS (Nasdaq: DZSI) announced a significant upgrade for Southeast Nebraska Communications (SNC) as they transition to next-generation Active Ethernet solutions. This upgrade aims to replace outdated infrastructure with DZS’s Velocity portfolio, preparing for future multi-gigabit services like 8K TV and immersive gaming. SNC reports enhanced service quality, operational cost savings, and improved customer satisfaction. DZS remains committed to supporting SNC’s network evolution, ensuring advanced service delivery and flexibility amidst changing communication needs.

DZS (Nasdaq: DZSI) announced an expanded partnership with Hamilton Telecommunications, leveraging Nebraska's Broadband Bridge Grant Program to enhance fiber-to-the-home services for newly acquired customers across 21 towns in Central Nebraska. The upgrade provides broadband speeds up to 1 Gbps, managed WiFi, IPTV, and voice services. DZS's advanced solutions, including the DZS Velocity Access Edge and DZS Helix Home Edge, enable gigabit services while anticipating future demands for multi-gigabit speeds. This initiative aims to bridge the digital divide, elevating service and economic opportunities in underserved communities.

DZS Inc. (NASDAQ: DZSI) announced its unaudited financial results for Q2 2022 were made available to shareholders via its investor relations website. A conference call discussing these results is scheduled for August 2, 2022, at 10:00 a.m. ET. Participants can register beforehand to obtain dial-in details. The company emphasizes its position as a leader in access networking and cloud software solutions, while cautioning that forward-looking statements related to future performance are subject to various risks and uncertainties that may lead to actual results differing significantly.

DZS Inc. (NASDAQ: DZSI) will announce its second quarter financial results after market close on August 1, 2022. A conference call to discuss the results is scheduled for August 2, 2022, at 10:00 a.m. Eastern Time. Investors can register for the call to receive dial-in information. The company emphasizes its leadership in broadband connectivity and communications software solutions, highlighting its commitment to share timely financial updates with stakeholders.

DZS (Nasdaq: DZSI), a leader in access networking, highlights its partnership with Myakka Communications to deliver high-speed fiber broadband in southwest Florida. The service offers symmetrical gigabit speeds, addressing the digital divide in underserved areas. Myakka Communications transitioned from WISP to fiber, reducing downtime significantly and enhancing service quality. This collaboration aligns with federal efforts to expand broadband, leveraging nearly $80 billion in funding for infrastructure improvements.

DZS has formed a strategic distribution partnership with ACA Pacific Technology, enhancing its presence in Asia, particularly in Malaysia, Singapore, and Indonesia. This collaboration aims to expand DZS's Access Edge, Home Edge, and Mobile & Optical Edge solutions, along with its DZS Cloud platform, for service providers and enterprises. ACA Pacific Technology will facilitate local distribution, focusing on next-generation networking solutions. DZS is already recognized as a leading mobile transport supplier in the region, targeting service providers' infrastructure upgrades.

DZS (Nasdaq: DZSI) announces participation in the TIA Virtual Member Meeting on June 21-22, 2022, where Chief Strategy Officer Geoff Burke will moderate a panel discussion on the $42 billion BEAD program aimed at enhancing broadband access. The event will gather key industry leaders to explore challenges and opportunities related to this initiative. DZS highlights its role in the telecommunications sector during a significant industry upgrade driven by government investments in fiber-based broadband and 5G/6G technologies, as stated by CEO Charlie Vogt.

DZS (NASDAQ: DZSI) announced its collaboration with First Electric Cooperative to develop Arkansas’ largest XGS-PON network. The Connect2First initiative aims to roll out over 7,000 miles of fiber, improving service to over 99,000 accounts across 18 counties. Within nine months, 2,500 miles have been deployed, reaching over 3,700 subscribers. The project leverages $17.9 million from the Rural Digital Opportunity Funds (RDOF) and aims for a 21% initial take rate, with future potential for 10 Gbps services.

DZS (Nasdaq: DZSI) CEO Charlie Vogt will address the role of federal funds in enhancing fiber broadband access for underserved areas at Fiber Connect 2022 from June 12-15 in Nashville, Tennessee. The panel discussion, titled 'Federal Focus: Bridging the Digital Divide,' will highlight the importance of hyper-fast broadband in economic inclusion, with over $70 billion in government stimulus available. DZS aims to capitalize on this opportunity to drive connectivity, presenting various solutions at the conference, showcasing its CloudCheck® and Expresse® technologies.