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INFINERA CORPORATION

(INFN)
  Report
Delayed Quote. Delayed Nasdaq - 11/30 04:00:01 pm
8.13 USD   -1.57%
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Infinera : Telstra Deploys Infinera's Coherent 800G Solution Across Dispersion-managed Subsea Cable

10/13/2021 | 01:16pm EST

San Jose, Calif. - - Infinera (NASDAQ: INFN) and Telstra, a leading global telecommunications and technology company, announced today the deployment of Infinera's coherent 800G solution across Telstra's international network. The deployment follows a significant industry milestone that Telstra achieved with Infinera, leveraging Infinera's ICE6 800G coherent technology on its GX Series Compact Modular Platform over a dispersion-managed subsea cable between Hong Kong and Singapore, a segment that spans 2,940 kilometers. With Infinera's ICE6 solution, Telstra can realize a 45% increase in capacity over previous-generation technology and 20 times the original design capacity of the cable, underscoring the value of Infinera's innovative solutions.

Bandwidth demand continues to rise at exponential rates, putting pressure on older subsea cables and potentially shortening their economic lifespan, even though they are designed for a 25-year operational life. At the same time, network operators like Telstra are challenged with scaling and delivering capacity in the APAC region, one of the fastest growing regions for submarine network capacity. By deploying Infinera's ICE6 solution, network providers are equipped to get the most out of their dispersion-managed subsea cables with the unique features of highly granular baud rate configuration, industry-leading long-codeword probabilistic constellation shaping (LC-PCS), and Nyquist subcarriers, on which Infinera has a five-year implementation lead.

"Telstra designed and deployed its dispersion-managed cable, EAC-2A1, long before coherent transmission was developed. The success of our ICE6 trial illustrates that we can successfully upgrade our existing cable systems to meet growing bandwidth demands," said David Robertson, Executive International Networks & IT at Telstra. "This success was the driving force behind selecting ICE6. With Infinera's 800G solution, we can significantly increase capacity on all segments of our network across our new modern and legacy cables globally. Building new cables is expensive so getting the most out of them using the latest technology means we can meet our customers' ever-increasing capacity and resilience needs at the right price point."

"The success of this trial with Telstra and its decision to deploy ICE6 emphasize the innovative technology, capability, and value of ICE6, which demonstrated its ability to deliver scalable capacity across a challenging legacy cable," said Nick Walden, Senior Vice President, Worldwide Sales, Infinera. "As subsea operators look to protect their subsea network infrastructure investment, deploying proven solutions that quickly and cost-effectively enable accelerated service turn-up will be critical to meet increasing customer demands."

Contacts:

Infinera Media:

Anna Vue

Tel. +1 (916) 595-8157

avue@infinera.com

Infinera Investors:

Amitabh Passi

Tel. +1 (669) 295-1489

apassi@infinera.com

About Telstra

Telstra is a leading telecommunications and technology company with a proudly Australian heritage and a longstanding, growing international business.

Today, we operate in over 20 countries outside of Australia, providing services to thousands of business, government, carrier and OTT customers. Telstra Enterprise is a division of Telstra that provides data and IP networks and network application services, such as managed networks, unified communications, cloud, industry solutions and integrated services. Telstra Purple, our new professional and managed services business in Australia, Asia and the UK, brings together people and innovative solutions to define and deliver a clear vision of our customers' transformation journey, network foundation, and the protection they need to thrive.

Telstra's global network includes more than 26 cable systems spanning over 400,000 kilometres, with access to multiple cable landing stations and more than 2,000 points of presence around the world. Our subsea cable network is the largest in Asia Pacific, with access to the most lit capacity not just in Asia, but also from the region to Australia, USA and Europe.

For more information, visit www.telstra.com/international

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 and LinkedIn, and subscribe for updates.

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

This press release contains forward-looking statements, including but not limited to the technical, financial and operational benefits of Infinera's ICE6 800G coherent technology and GX Series Compact Modular Platform. 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 June 26, 2021 as filed with the SEC on August 3, 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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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
INFINERA CORPORATION -1.57% 8.13 Delayed Quote.-21.18%
TELSTRA CORPORATION LIMITED 1.75% 4.07 End-of-day quote.36.58%
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Financials (USD)
Sales 2021 1 414 M - -
Net income 2021 -115 M - -
Net Debt 2021 429 M - -
P/E ratio 2021 -11,5x
Yield 2021 -
Capitalization 1 741 M 1 741 M -
EV / Sales 2021 1,54x
EV / Sales 2022 1,39x
Nbr of Employees 3 050
Free-Float 97,9%
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Last Close Price 8,26 $
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David W. Heard Chief Executive Officer & Director
Nancy Erba Chief Financial Officer
George Andrew Riedel Chairman
Greg Greco Senior VP-Global Research & Development
Craig S. Cocchi Senior Vice President-Global Operations
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