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Stock impact report

Ciena and British Telecom Continue Optical Network Development

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Business Wire
5-year contract renewal supports BT’s new business and growth ambitions for direct optical services HANOVER, Md.--(BUSINESS WIRE)-- Multinational telecommunications services company BT has agreed to a five-year contract renewal with Ciena (NYSE: CIEN) to deploy its 6500 Converged Packet Optical Platform. The deployment will enable BT to grow its optical services business, building capacity via 100G and nx100G high capacity wavelengths that offer reliable, high speed connectivity services. The UK-wide deployment, which commenced in summer 2017, is supporting BT in its efforts to further upgrade network capacity. Key Facts: The programmable and scalable benefits of Ciena’s 6500 platform will continue to underpin BT’s expansion plans for optical services, efficiently connecting high-capacity wavelengths quickly and cost effectively on a national scale, whilst playing Show less Read more
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