Key Developments: Zhone Technologies Inc (ZHNE.OQ)
1.03USD
20 May 2013
$0.04 (+4.04%)
$0.99
$1.00
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37,130
16,922
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$0.41
Latest Key Developments (Source: Significant Developments)
Marathon Patent Group Inc's Relay IP Files Patent Infringement Lawsuits Against Zhone Technologies Inc and Others
Marathon Patent Group Inc's Relay IP (Relay) has filed patent infringement lawsuits in the United States District Court for the District of Delaware against Sprint Nextel Corporation, Juniper Networks, Cisco Systems, Bloomberg L.P., Hitachi Cable America, D-Link Corporation, Avaya, Hewlett-Packard Company, Enterasys Networks, Extreme Networks, TIBCO Software, BT Group, SAVVIS Inc., Zhone Technologies, Huawei Technologies, Allied Telesis, and Adtran (the Defendants). Relay is asserting infringement related to U.S. Patent number 5,331 ,637, entitled Multicast Routing Using Core Based Trees. The lawsuit alleges that the Defendants have infringed, and continue to infringe, the claims of the patent in suit by using the accused IP Multicast systems and methods covered by the claims of the Relay patent. Full Article
Zhone Technologies Inc Comments On Q2 2013 Revenue Guidance-Conference Call
Zhone Technologies Inc announced that for second quarter of 2013, it expects revenue growth somewhere in the mid single-digit percentage range. Full Article
Zhone Technologies Inc Comments On Q3, Q4 2012 Revenue Guidance-Conference Call
Zhone Technologies Inc announced that for the third quarter of 2012, it expects revenue to be flat or slightly up, with slightly stronger improvement in the fourth quarter of 2012. Full Article
Zhone Technologies Inc Comments On FY 2012 Revenue Guidance-Conference Call
Zhone Technologies Inc announced that for fiscal 2012, it expects revenue as a whole to grow over that of fiscal 2011. Full Article
Zhone Technologies Inc Comments On FY 2012 Guidance-Conference Call
Zhone Technologies Inc announced that with the anticipated revenue growth, gross margin improvement, and stable operating expenses, it expect to generate positive adjusted EBITDA for fiscal 2012 as a whole. Full Article
Zhone Technologies Inc Announces MXK Deployment With Central Oklahoma Telephone Company
Zhone Technologies Inc announced a new MXK deployment with Central Oklahoma Telephone Company, an independent local exchange company headquartered in Davenport, OK. The companies are building a fiber network to support fast delivery of more affordable and reliable high-speed Internet access, VoIP and video services to both residential and business subscribers in Davenport, OK. Full Article
Zhone Technologies Inc Comments On Q4 2011 Guidance
Zhone Technologies Inc announced that for the fourth quarter of 2011, it expects revenue growth accompanied by adjusted EBITDA profitability. Full Article
Zhone Technologies Inc Issues Q3 2011 Revenue Guidance Below Analysts' Estimates-Conference Call
Zhone Technologies Inc announced that for the third quarter of 2011, it expects revenue may be flat to slightly up, as compared to the second quarter of 2011, before stronger growth returns in the fourth quarter. The Company reported revenues of $31.3 million in the second quarter of 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $37.8 million for the third quarter of 2011. Full Article
Zhone Technologies Inc To Provide Next-Generation Access for FTTH Triple-Play Network
Zhone Technologies Inc announced a new customer, QCOL, a western Pennsylvania-based internet services and triple play provider since 1998. QCOL will deploy Zhone’s industry leading MXK as its primary Gigabit Passive Optical Network (GPON) access platform for the new fiber-to-the-home network it is building to deliver triple-play services to customers. Specifically, Zhone’s MXK solution will equip QCOL to deliver affordable and reliable high speed Internet access, VoIP and video services to more than 2,000 subscribers across Fayette County, Pennsylvania, Garrett County, Maryland and Preston County, West Virginia, all in the northeastern United States beginning in August 2011. Full Article
Zhone Technologies, Inc., Hickory Telephone Company Team Up for New Copper- and Fiber-Based RF Triple-Play Deployment in Western Pennsylvania
Zhone Technologies, Inc. announced that it was chosen to help Hickory Telephone Company deliver advanced triple-play services – including radio-frequency (RF) video, voice over Internet Protocol (VoIP) and high-speed data – to consumers and local businesses throughout Western Pennsylvania. Zhone’s market-MXK solution is serving as the core multi-service access platform for Hickory Telephone Company’s new copper- and FTTx-based networks, providing intelligent Gigabit Passive Optical Network (GPON) connectivity within the operator’s network to facilitate a quick and efficient migration from its legacy POTS system to the new infrastructure model. Full Article
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