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Update: Vecima Up 3% As Product To Be Deployed By Tier 1 North American Operator
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Update: Vecima Up 3% As Product To Be Deployed By Tier 1 North American Operator
Mar 12, 2024 8:57 AM

11:34 AM EDT, 03/12/2024 (MT Newswires) -- Vecima Networks Inc. ( VNWTF ) said Tuesday that a Tier 1 service provider in North America has completed lab qualifications of the company's Entra EXS1610 All-PON Shelf, with field deployments being planned.

Vecima said other global customers are planning lab trials of the platform for anticipated deployment this year.

The EXS1610 All-PON Shelf is a key component of Vecima's Fiber Access product portfolio and allows customers to deploy Fiber-to-the-Premises (FTTP) services in any market or hub, allowing maximum flexibility for customers.

"Vecima is unique in offering a purpose-built, 16-port, 1 rack unit 10G-EPON shelf that shares the same software as the worldwide market share-leading Entra SF-4X Remote Optical Line Terminal (R-OLT) platform," said Vijay Raman, vice president of fiber access product line management at Vecima. "Operators can be confident that the EXS1610 is ready to deploy at scale on day one."

Vecima at last look rose 3.0% in early Tuesday trading.

Price: 18.99, Change: +0.56, Percent Change: +3.04

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