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INFINERA CORPORATION

(INFN)
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Infinera Completes Successful Trial of XR Optics with NBN Co

05/12/2021 | 08:00am EDT

SAN JOSE, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that NBN Co, Australia’s wholesale open-access broadband provider, completed a successful proof of concept of XR optics-based point-to-multipoint coherent optical technology. The trial demonstrated XR optics’ compatibility within the nbn Transit Network, a DWDM network spanning over 65,000 km across Australia.

The trial highlighted the ability of XR optics to dramatically simplify transport network architecture while reducing CapEx and OpEx across diverse applications. Providing multiple 100 Gb/s of capacity efficiently subdivided into discrete subcarriers, XR optics enables dynamic capacity management and optical capacity optimization. This demonstration was designed to inform how NBN Co considers options to evolve its transport network to support growing data demands in the future.

“The nbn Transit Network is our national backbone, supporting the growing data needs of Australians as they rely more on broadband for their work, education, social and entertainment needs. It is important that we keep track of new innovations to guide how we evolve our network to help meet changing needs in the future,” said Ray Owen, Chief Technology Officer at NBN Co. “Working with Infinera helps us to understand the options and design our pathways accordingly.”

“This trial with NBN Co provides a proof point illustrating how Infinera’s digital subcarrier-powered XR optics can be seamlessly integrated into existing networks and successfully applied in a variety of network applications from backhaul networks to data center interconnect,” said Dave Welch, Infinera Chief Innovation Officer and Co-founder. “The XR optics trials Infinera has conducted continue to represent a radical shift in the way future networks can be built, promising a dramatic reduction in TCO, helping to set a new benchmark in scalability, and increasing service flexibility and velocity.”

Infinera Contacts:

Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com  

Infinera Investors:
Amitabh Passi
Tel. +1 (669) 295-1489
apassi@infinera.com 

About Infinera
Infinera is a global supplier of innovative open optical networking solutions that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter @Infinera, LinkedIn and read our latest blog posts at www.infinera.com/blog

Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

This press release contains forward-looking statements, including but not limited to the potential financial, technical and operational benefits of the XR optics solution. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended March 27, 2021 as filed with the SEC on May 4, 2021, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. 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. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.


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© GlobeNewswire 2021
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Sales 2021 1 410 M - -
Net income 2021 -93,6 M - -
Net Debt 2021 411 M - -
P/E ratio 2021 -14,7x
Yield 2021 -
Capitalization 1 625 M 1 625 M -
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George Andrew Riedel Chairman
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