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    DZSI   US2682111099


Delayed Nasdaq  -  03:52 2022-12-07 pm EST
11.16 USD   -1.89%
08:01aDZS CloudCheck Wins 2022 Light Reading Leading Lights Award for Outstanding Customer Experience Use Case
11/17Dzs Inc. : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)
11/17DZS Launches $28.8 Million Common Stock Offering
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Hamilton Telecommunications Leverages DZS Technology to Bring Gigabit Broadband Services to 21 Central Nebraska Towns

08/16/2022 | 08:01am EST

DALLAS, Aug. 16, 2022 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader in access networking and cloud software solutions, today announced an expanded relationship with its long-time customer Hamilton Telecommunications, which is expanding its gigabit services capable footprint to newly acquired customers in 21 towns in Central Nebraska. Leveraging Nebraska’s Public Services Commission’s Broadband Bridge Grant Program, new Hamilton customers in these communities will enjoy broadband speeds up to 1 Gbps, managed WiFi, IPTV, and voice services.

This service buildout is complementary to a multi-year fiber construction process to deliver fiber-to-the-home for 100% of customers in the communities and rural areas in the traditional Hamilton Telecommunications footprint. The telecommunications pioneer has selected cutting-edge DZS broadband connectivity solutions, including the DZS Velocity Access Edge portfolio and DZS Helix Home Edge solutions, to deliver services up to one Gigabit of bandwidth today with the ability to be easily upgraded to multi-gigabit services in the future.

“As a local service provider with a regional and national reach, Hamilton is proud to offer world-class internet service to our customers in the Hamilton and the recently acquired NCTC exchange communities, many of whom live in low-density rural locations,” said Dan Molliconi, COO, Hamilton Telecommunications. “DZS has been a valued partner of ours since 2005 and we have had great success leveraging their innovative broadband connectivity technology to simultaneously upgrade service and cut operating costs while setting ourselves up to quickly and cost-effectively expand our service offerings even further in the future. Our ability to rapidly and efficiently leverage DZS solutions to offer market-leading gigabit-class services to our new NCTC subscribers and capitalize on grants of the Nebraska Public Service Commission’s Broadband Bridge Grant Program to offset the costs of these upgrades have been key elements in making this expansion of Hamilton Telecommunication successful.”

“Hamilton’s decision to offer gigabit speed broadband service levels to its newly acquired subscribers in rural areas is bridging the digital divide and transforming the communities it serves,” said Andrew Finkelstein, Senior Vice President, North America Sales, DZS. “Hamilton is anticipating the demands that will soon be placed on their network for low-latency, bandwidth-intensive applications like the metaverse and AR/ VR applications, as well as opening the door to elevate not just its services but also the economic opportunities and quality of life for the communities where they operate. DZS looks forward to continuing to support Hamilton going forward as they create state-of-the-art offerings across their diverse service locations, including extending world-class broadband infrastructure to underserved areas.”

To learn more about DZS, visit https://www.dzsi.com

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in access networking infrastructure, service assurance and consumer experience software solutions.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings.  In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Phone: +1 646.893.0036
Email: mhurst@thatcherandco.com 

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Source: DZS

2022 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 391 M - -
Net income 2022 -22,2 M - -
Net Debt 2022 - - -
P/E ratio 2022 -12,6x
Yield 2022 -
Capitalization 346 M 346 M -
Capi. / Sales 2022 0,89x
Capi. / Sales 2023 0,79x
Nbr of Employees 840
Free-Float 66,8%
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Technical analysis trends DZS INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Last Close Price 11,37 $
Average target price 22,20 $
Spread / Average Target 95,3%
EPS Revisions
Managers and Directors
Charles D. Vogt President, Chief Executive Officer & Director
Misty D. Kawecki Chief Financial Officer
Min-Woo Nam Chairman
Andrew Bender Chief Technology Officer
Doron Paz Vice President-Research & Development
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