This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Zhone Technologies Surpasses Strategic Milestone Of 3,000 MXK™ Platform Deployments Worldwide

Stocks in this article: ZHNE

Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced the deployment of more than 3,000 MXK™ multi-service access node (MSAN) platforms worldwide. Zhone embraces the growing demand for Gigabit Passive Optical Network (GPON), Active Ethernet (AE) and very high bit rate Digital Subscriber Line (VDSL2) connectivity and continues to equip its customers with products and solutions aimed at addressing their bandwidth concerns and shifting consumer expectations.

“According to our market assessment, Zhone is a steady top five FTTH network provider in all the markets they address,” stated Teresa Mastrangelo, principal analyst at Broadbandtrends. “With recent updates to the Zhone FiberHome and Zhone FiberCell portfolios and the introduction of Zhone EZ FiberService, the company is poised for continued leadership in the global FTTx market with complementary presence in the mobile backhaul market. Zhone’s continued focus on product development has enabled it to grow its presence both domestically and abroad. We expect demand for FTTx services to grow at a 14-16% CAGR over the next 3-5 years with continued strong growth expected in the U.S., Latin America and European markets where Zhone continues to focus its efforts.”

According to USA Today, consumer demand for wireless broadband is anticipated to increase sixty-fold by 2015, and Zhone’s subsequent, ongoing expansion of its customer base across the Middle East, Central and Latin America (CALA), Europe and North America is a result of the powerful combination of best-in-class solution design, continued innovation, technology leadership and global customer service capabilities. Zhone’s leadership status in the global fiber-to-the-home (FTTH) market demonstrates the value that service providers place on the company’s ability to consistently deliver high-quality, high-performance single line multi-service (SLMS)-based access solutions.

“The four-pronged offering of Zhone’s MXK, zNID™ GPON and AE Optical Network Terminals (ONTs), Zhone Management System (ZMS™) and Zhone EZ Touch Provisioning™ system provides the customizable solutions that our customers expect, designed to expand network reach and service offerings,” explained Brian Caskey, chief marketing officer at Zhone. “Each of our solution portfolios – the IP Zhone℠, Zhone FiberHome™ and Zhone FiberCell™ – endow our customers to enhance the value of their own copper, fiber and Ethernet investments for the long-term and craft a cost-effective, scalable and future-proof network for their individual subscribers. The recent deployment with Mobily and continued expansion with Etisalat – along with other recent customer announcements – are further proof of the MXK’s ability to address leading operator requirements for high performance, scalability, flexibility and overall system reliability.”

Zhone FiberHome portfolio of products and solutions, including the MXK platform, fulfills the network requirements of both international and domestic customers’ broadband expansion efforts for residential and business users and the growing opportunity in the mobile backhaul market provide ongoing opportunities for Zhone to further deploy the MXK platform globally.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs