1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Vecima Networks Inc.
  6. News
  7. Summary
    VCM   CA92241Y1016

VECIMA NETWORKS INC.

(VCM)
  Report
Delayed Toronto Stock Exchange  -  05/20 03:47:41 pm EDT
16.00 CAD   -1.84%
05/19VECIMA NETWORKS INC. : Ex-dividend day for
FA
05/13Vecima networks q3 fiscal 2022 results soar as entra sales continue to mount
AQ
05/12TRANSCRIPT : Vecima Networks Inc., Q3 2022 Earnings Call, May 12, 2022
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

LIBERTY LATIN AMERICA AND VECIMA DEPLOY DISTRIBUTED ACCESS ARCHITECTURE TO DELIVER ENHANCED BROADBAND SERVICES TO CUSTOMERS

01/25/2022 | 07:46am EDT

Victoria - Vecima Networks Inc. (TSX: VCM) today announced that Liberty Latin America, a leading telecommunications company with operations throughout the Caribbean and Latin America, is deploying its Distributed Access Architecture (DAA) solution across its C&W consumer Hybrid Fiber Coax (HFC) networks to significantly increase the scale, capacity, and performance of its HFC network.

To cope with the escalating bandwidth demands of video, high-speed data services and business applications, cable operators are turning to software driven, all-IP DAA to increase the capacity of existing networks, reduce space, and power requirements, and improve signal quality. Fully distributed, virtualized DAA architectures are becoming essential for cable operators looking to rapidly deploy new services and cost-effectively upgrade their networks.

Liberty Latin America deploys Vecima's DAA solution, including the Entra Access Controller, Video Engine and SC-2D Remote MACPHY Access Nodes, across its properties. With Vecima's solution, Liberty Latin America can effectively reuse its existing IP/MPLS and video infrastructure to rapidly extend services into new areas and reduce new build and upgrade costs across the region. Liberty Latin America is trialing DOCSIS 3.1 services in St. Vincent and Curacao to take advantage of its DAA network fidelity to deliver significantly more bandwidth - both downstream and upstream - to customers.

'Vecima's DAA solution plays a critical role in helping us extend the reach and capacity of our network today with DOCSIS 3.0 and soon with DOCSIS 3.1,' said Rafael Buigas, Vice President, Mobile and Access Networks at Liberty Latin America. 'Vecima's unique approach to DAA gives us the tools we need to maximize investments, expand our network and deploy new ultra-broadband services that deliver the best possible experience for our customers.'

'Cable operators around the world are beginning to build out next generation access networks leveraging DAA, as well as Remote MACPHY,' said Jeff Heynen, Vice President, Broadband Access & Home Networking at the Dell'Oro Group. 'As more operators migrate toward DOCSIS 4.0 and high-split architectures, we expect to see an increasing reliance on Remote MACPHY technologies.'

Ryan Nicometo, Senior Vice President & General Manager, Video & Broadband Solutions at Vecima, added, 'The deployment with Liberty Latin America highlights the growing momentum we continue to see for our DAA solution, which enables cable operators to simultaneously add network capacity and reduce Opex. With our solution, Liberty Latin America will be able to maximize its HFC network and efficiently enhance and extend services.'

About Liberty Latin America

Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Mas Movil, BTC and Cabletica. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony, and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects over 40 markets in the region

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols 'LILA' (Class A) and 'LILAK' (Class C), and on the OTC link under the symbol 'LILAB' (Class B).

Contact:

Kunal Patel

Email: ir@lla.com

About Vecima Networks

Vecima Networks Inc. (TSX: VCM) is a global leader focused on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. We enable the world's leading innovators to advance, connect, entertain, and analyze. We build technologies that transform content delivery and storage, enable high-capacity broadband network access, and streamline data analytics.

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
LIBERTY LATIN AMERICA LTD. 0.11% 9.26 Delayed Quote.-20.58%
VECIMA NETWORKS INC. -1.84% 16 Delayed Quote.11.81%
All news about VECIMA NETWORKS INC.
05/19VECIMA NETWORKS INC. : Ex-dividend day for
FA
05/13Vecima networks q3 fiscal 2022 results soar as entra sales continue to mount
AQ
05/12TRANSCRIPT : Vecima Networks Inc., Q3 2022 Earnings Call, May 12, 2022
CI
05/12Vecima Networks Reports Higher Fiscal Q3 Profit, Revenue
MT
05/12Vecima announces scalable software enhancements for its entra remote macphy and dpoe/re..
AQ
05/12Earnings Flash (VCM.TO) VECIMA NETWORKS Posts Q3 Adjusted EPS C$0.13
MT
05/12Vecima Q3 Fiscal 2022 Results Soar As Entra Sales Continue to Mount
BU
05/12Vecima Networks Inc. Reports Earnings Results for the Third Quarter and Nine Months End..
CI
05/12NORTH AMERICAN MORNING BRIEFING : Stocks Seen -3-
DJ
05/11Vecima Networks Inc. Announces Scalable Software Enhancements for its EntraTM Remote MA..
CI
More news
Financials
Sales 2022 181 M 141 M 141 M
Net income 2022 8,15 M 6,35 M 6,35 M
Net cash 2022 8,45 M 6,58 M 6,58 M
P/E ratio 2022 46,6x
Yield 2022 -
Capitalization 369 M 288 M 288 M
EV / Sales 2022 2,00x
EV / Sales 2023 1,52x
Nbr of Employees 548
Free-Float 39,9%
Chart VECIMA NETWORKS INC.
Duration : Period :
Vecima Networks Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VECIMA NETWORKS INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 16,00 CAD
Average target price 23,67 CAD
Spread / Average Target 47,9%
EPS Revisions
Managers and Directors
Sumit Kumar President, Chief Executive Officer & Director
Dale Booth Chief Financial Officer
Surinder Ghai Kumar Non-Executive Chairman
Laird Froese Senior Vice President-Research & Development
Colin Howlett Chief Technology Officer
Sector and Competitors
1st jan.Capi. (M$)
VECIMA NETWORKS INC.11.81%288
CISCO SYSTEMS, INC.-32.24%173 312
MOTOROLA SOLUTIONS, INC.-22.61%35 176
ARISTA NETWORKS, INC.-29.67%31 165
FOXCONN INDUSTRIAL INTERNET CO., LTD.-20.64%27 674
NOKIA OYJ-17.76%27 353