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MarketScreener Homepage  >  Equities  >  Nasdaq  >  DISH Network Corporation    DISH

DISH NETWORK CORPORATION

(DISH)
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DISH Network : selects Blue Planet automation software to accelerate 5G services - Ciena

09/28/2020 | 05:10am EST

Blue Planet's cloud-native inventory and service order management system will be integrated into DISH's 5G platform.

Software automation delivers real-time management of all inventory, enabling on-demand provisioning and faster rollout of customer network slices.

DISH (NASDAQ:DISH) has chosen inventory and service order management software from Blue Planet, a division of Ciena (NYSE:CIEN), to intelligently automate its 5G wireless network.

As DISH builds the nation's first cloud-native, OpenRAN-based, virtualized 5G network, Blue Planet's software will help provide a completely automated solution to drive operational efficiency.

"Blue Planet is a key component within our 5G platform, allowing us to dynamically manage all of our network inventory and service orders in real-time," said Marc Rouanne, executive vice president and chief network officer, DISH. "With Blue Planet's open, agile and programmable approach, DISH can rapidly deploy services and allocate resources to wholesale and enterprise customers, allowing them to provision network slices based on SLAs."

To support end-to-end automation, Blue Planet seamlessly integrates into DISH's network slices, which reduces OpEx and better ensures customer satisfaction.

"Delivering 5G requires a network that can adapt, which is why gaining control over the operations environment is critical," said Rick Hamilton, senior vice president, Blue Planet. "With closed-loop automation from Blue Planet, DISH will execute its innovative network strategy and usher in the 5G era.

About DISH

DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation's first cloud-native, Open RAN-based 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.

About Blue Planet

Blue Planet, a division of Ciena (NYSE: CIEN), provides market-leading intelligent automation software and specialized professional services to help customers modernize their IT and network operations. Driven by policy and AI-based insights, Blue Planet delivers the closed-loop automation tools needed to align IT and networking processes-critical to facilitating digital transformation. For updates on Blue Planet, visit www.blueplanet.com.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
CIENA CORPORATION 0.41% 44.47 Delayed Quote.4.17%
DISH NETWORK CORPORATION -0.69% 35.91 Delayed Quote.1.24%
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Financials (USD)
Sales 2020 15 482 M - -
Net income 2020 1 545 M - -
Net Debt 2020 12 242 M - -
P/E ratio 2020 13,6x
Yield 2020 -
Capitalization 19 019 M 19 019 M -
EV / Sales 2020 2,02x
EV / Sales 2021 1,85x
Nbr of Employees 16 000
Free-Float 46,9%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 43,12 $
Last Close Price 36,16 $
Spread / Highest target 143%
Spread / Average Target 19,2%
Spread / Lowest Target -33,6%
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Managers
NameTitle
W. Erik Carlson President & Chief Executive Officer
Charles William Ergen Executive Chairman
John Swieringa COO & Group President-Retail Wireless
Paul W. Orban Chief Financial Officer & Executive Vice President
Atilla Tinic Chief Information Officer & Senior Vice President
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