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Stock impact report

Cablenet Attacks Competition with Calix PON

Calix, Inc (CALX) 
Last calix, inc earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
SAN JOSE, Calif., May 30, 2019 (GLOBE NEWSWIRE) -- Calix, Inc. (NYSE: CALX) today announced that Cablenet is deploying an AXOS-based passive optical network (PON) as it pivots away from a traditional hybrid fiber-coaxial (HFC) network in greenfield areas. The Cyprus-based multi-service operator (MSO) will connect between 15,000 and 20,000 new subscribers with Calix’s E7-2 Intelligent Modular System in 2019. This new unified access network will serve different market segments, while dramatically simplifying operations and reducing costs. Cablenet is an operator with approximately 70,000 subscribers in the competitive Cyprus market. As it looked to expand, the cable operator recognized PON as the ideal technology to deliver residential and business services, extending its ability to compete with the state-owned provider. AXOS-based PON provides an ideal platform to serve the near and long-term needs of both sets of subscribers. “As we expand into new cities to capture new opportunit Show less Read more
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