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Stock impact report

IMU Fiber Makes Working From Home Viable on Broadband Services With Calix

Calix, Inc (CALX) 
Last calix, inc earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Business Wire
Indianola Municipal Utilities is deploying fiber to the home with the Calix Intelligent Access EDGE, encouraging Des Moines-based professionals to call Indianola home SAN JOSE, Calif.--(BUSINESS WIRE)--Calix, Inc. (NYSE: CALX) today announced that Indianola Municipal Utilities (IMU) is deploying a next-generation fiber broadband network to deliver vital communications services to telecommuters in central Iowa. To address the limited residential broadband options, the local utility established IMU Fiber to build and maintain a city-wide fiber to the home (FTTH) network. The response has been remarkable, as IMU Fiber is close to 75 percent of the way to its 2023 subscriber goal as of the end of March 2020. With increasing numbers of subscribers working from home, broadband services are proving so vitally important to new telecommuters that daytime usage has more than doubled, climbing to 65 percent of network capacity. Fortunately, its AXOS® enabled FTTH network is more than capable Show less Read more
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