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| LATAM telecom operator provides full fiber network with MXK and ZNID solutions |
Oakland, CA, May 9, 2013 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced a full fiber deployment with SuperOnda Telecom, located in the city of Volta Redonda, Rio de Janeiro in Brazil. SuperOnda Telecom will use Zhone's MXK solution and 24xx ZNIDs to provide service to 3,000 homes in Volta Redonda. The telecom company is currently building fiber OSP to expand service to an additional 5,000 subscribers in 2014, and 7,000 subscribers in 2015.
Brazil closed the first quarter of 2013 with 96.5 million broadband accesses, according to Telebrasil. This is an increase of 37 percent in comparison to data collected in March 2012. Fixed broadband, in turn, had a total of 21 million accesses by March 2013. More than 2.4 million of those connections were activated within the last year. These growing statistics prove consumer demand is growing in the region, despite its current lack of affordable high speed access and wireless technologies.
In order to meet this growing demand for high speed broadband, SuperOnda Telecom is currently building 10G Ethernet Automatic Protection Switching (EAPS) rings with Zhone's MXK Chassis, using ZNID 2424 and 2426 to provide advanced services to business and residential customers in Volta Redonda. Zhone's solution will allow SuperOnda Telecom to upgrade its transport without a heavy investment in metro access equipment. The deployment will make SuperOnda Telecom the only provider in the city offering pure Fiber-To-The Home (FTTH) services, allowing the company to offer the fastest broadband speeds for its customers at affordable costs.
"SuperOnda Telecom chose Zhone's MXK solution to upgrade its equipment, allowing it to remain competitive within the telecommunications market in Brazil," said Jose Carlos da Costa Hungaro, chief executive officer at SuperOnda Telecom. "Zhone helped SuperOnda meet consumer demand by improving high speed access for its customers."
Zhone's MXK platform is a fully redundant, carrier-grade all-IP platform and the industry's first terabit access concentrator. Featuring industry-leading density, scalability and switching capacity, the MXK provides non-blocking capacity of up to 3,600 100 Mbps GPON subscribers or 360 1G Active Ethernet subscribers.
"SuperOnda Telecom selected Zhone to be its provider because Zhone offered many options for the company: products, support, stability and superior quality," explained Brian Caskey, chief marketing officer at Zhone Technologies. "Zhone's deployment with SuperOnda Telecom, following recent announcements with Ligue Telecom and Klisa Telecom, showcases continued broadband growth and expansion in the Latin American market."
To learn more about Zhone and its various applications, including the MXK and ZNID please visit Zhone at FTTH LATAM, Sao Paulo, Brazil, May 13-15 (booth #1), or visit http://www.zhone.com .
About Zhone Technologies
Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi-service access solutions, 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.
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, 2012 and the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2013. 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
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Zhone Technologies, Inc via Thomson Reuters ONE
Topic: Press release summary
Source: Zhone Technologies
https://www.acnnewswire.com
From the Asia Corporate News Network
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