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DZS Wins LG U+ Contract for 5G Wireless Backhaul Solution

DASAN ZHONE SOLUTIONS (DZSI)  More Company Research Source: GlobeNewswire
Last dasan zhone solutions earnings: 8/9 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: dasanzhone.com/about/investor-relations
PDF OAKLAND, Calif., Sept. 14, 2018 (GLOBE NEWSWIRE) -- DASAN Zhone Solutions, Inc. (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced its Korean business unit DASAN Network Solutions has been awarded a contract by South Korean Tier 1 telecommunications operator LG U+. Integral to the path of delivering service in 1H 2019, this contract represents the first batch of carrier-grade M3000 ultra-low latency switches to be deployed in the first commercial 5G wireless network in the South Korean market. Founded in 1996, LG U+ was the first company in the world to establish a nationwide LTE network with super high-speed services of the highest quality. The South Korean operator is furthering its global leadership into the era of 5G and IoT to deliver the best possible experience to its customers. Since September 2017, LG U+ has been developing its 5G offering with two preferred suppliers including DZS to verify design and p [Read more]

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