Welcome to our dedicated page for Dzs news (Ticker: DZSI), a resource for investors and traders seeking the latest updates and insights on Dzs stock.
DZS Inc. (DZSI) news covers developments around its role as a developer of Network Edge and Connectivity systems and Cloud Edge software solutions that enable broadband everywhere. Company press releases highlight how its technology is used by communications service providers and enterprises in broadband access, network edge and cloud-managed environments.
Visitors to this news page can review updates on DZS projects and customer deployments, such as fiber-to-the-premises initiatives in rural areas and fiber-based networking in hospitality and enterprise venues. Recent announcements describe how DZS Velocity fiber access systems, Helix connected edge Wi-Fi solutions and FiberLAN platforms are being deployed to support symmetrical gigabit and multi-gigabit broadband services, as well as advanced communications capabilities in complex properties.
The news feed also includes information on strategic portfolio actions, including the sale of DZS’s service assurance and WiFi management software portfolio to AXON Networks and the sale of its enterprise Industrial IoT solutions portfolio to Lantronix. These items provide context on how the company is concentrating on its broadband networking, connectivity and Cloud Edge software portfolio.
In addition, DZS issues updates on topics such as Build America Buy America (BABA) certification for equipment intended for Broadband Equity, Access, and Deployment (BEAD) Program projects, participation in micro-cap investor conferences, and quarterly financial results. Investors, analysts and industry observers can use this page to follow how DZS positions its networking and broadband solutions, its involvement in government-supported broadband programs, and its ongoing corporate and financial disclosures.
DZS (NASDAQ: DZSI) has appointed Misty Kawecki as Chief Financial Officer, effective immediately. With over 24 years of finance experience, including key roles at MediaKind and Imagine Communications, Kawecki will contribute to DZS's strategic direction under CEO Charlie Vogt. She succeeds Tom Cancro, who led significant financial initiatives including a $64 million equity raise. DZS is positioned for growth in the 5G and software-defined networking sectors, as highlighted by the company's transformation over the past year.
DZS (NASDAQ: DZSI) announced an expanded collaboration with Broadcom to enhance open standards for next-generation high-speed optical broadband and Passive Optical Network (PON) technology. This partnership aims to support the growing demand for standards-based architectures in broadband connectivity. DZS aims to capitalize on emerging opportunities in converging Optical, Broadband, and 5G networks. The collaboration focuses on delivering flexible, scalable solutions that integrate Broadcom's semiconductor technology with DZS's software-defined networking.
DZS (NASDAQ: DZSI) announces a successful rural broadband network deployment by Craighead Electric Cooperative Corporation in northeast Arkansas, connecting over 10,000 locations to its fiber network. The initiative, implemented by Irby, has resulted in gigabit Internet speeds for nearly 30,000 residents and has surpassed its initial goal by connecting twice as many locations 24 months ahead of schedule. DZS's solutions facilitated this expansion, allowing Craighead Electric to modernize its electrical grid and improve broadband access for the community.
DZS (NASDAQ: DZSI) has partnered with Vianet to enhance broadband access in the underserved Township of Carling, Ontario. Utilizing advanced fiber-to-the-home technology, the initiative aims to provide high-speed internet to 240 homes, significantly improving connectivity for rural residents. Funded partly by Canada's Centre of Excellence in Next Generation Networks (CENGN), the project began with a 10Gbps GPON fiber link. DZS's reliable solutions are enabling this community to access vital digital services, showcasing a strong commitment to bridging the connectivity gap in rural areas.
DZS announced the launch of the DZS Helix Edge Access portfolio, featuring various fiber termination points and managed access solutions. This portfolio supports 10 gig-class hyper-broadband services and Wi-Fi 6, aimed at enhancing user experience and operational efficiency. Leveraging DZS Cloud, the solutions offer insights for broadband management, allowing for rapid service deployment. These innovations promise lower churn and new revenue opportunities for service providers, showcased at the Fiber Connect 2021 Conference.
DZS (NASDAQ: DZSI) showcased its innovations at the Fiber Connect 2021 Conference in Nashville, emphasizing its role as a leader in optical and packet-based mobile transport solutions. Visitors to booth #215 experienced live demonstrations of DZS Cloud Service Management Intelligence and the XCelerate line of 10 gig-class fiber access systems. The company aims to advance operational efficiency and automate networks through its analytics solutions. Key speakers highlighted the importance of next-gen broadband connectivity amidst the post-pandemic recovery.
DZS (NASDAQ: DZSI) has launched XCelerate, a new line of 10 gig-class fiber access line cards and switches, enhancing the deployment of multi-gigabit services. This technology enables service providers to shift from GPON to XGS-PON seamlessly, using existing DZS equipment. Consolidated Communications plans to use XCelerate to expand services to 1.6 million homes. The innovative architecture supports various access technologies and promises significant cost savings, with expectations of over 50% reductions in capital expenses and improved asset lifespan for service providers.
DZS (Nasdaq: DZSI) announced its role as a key partner in Consolidated Communications' gigabit fiber network expansion, set to upgrade over 70% of its service area nationwide. This five-year project will provide symmetrical multi-gigabit services, reaching 1.6 million homes and businesses, including 27,000 locations backed by the Rural Digital Opportunities Fund (RDOF). Utilizing the DZS Velocity and Helix solutions, the initiative aims to deliver 10 Gbps capable broadband access technology and is recognized as one of the most comprehensive network buildouts in North America.
Charlie Vogt, CEO of DZS, has joined the Board of Directors for the Alliance for Telecommunications Industry Solutions (ATIS) and its Next G Alliance. This move aims to enhance DZS's position in the telecommunications sector, focusing on innovation and open standards to advance technologies like 5G and 6G. Vogt's experience of over 30 years in leading transformations in the tech industry is expected to align DZS's strategies with ATIS's objectives for future technology direction. DZS has already deployed over 1.5 million mobile xHaul ports globally.
DZS (NASDAQ: DZSI) and Quanta Cloud Technology (QCT) have formed a strategic partnership to enhance network virtualization and accelerate 5G infrastructures for telecom operators. This collaboration aims to leverage both companies' strengths in software-defined networking and edge cloud technologies, leading to optimized deployment blueprints for 5G networks. Joint solutions will be showcased at the Big 5G Event in Denver, CO. This initiative reflects a commitment to advancing network-aware cloud technologies for improved service monetization.