Key Developments For Zhone Technologies, Inc.
Zhone Technologies, Inc. (ZHNE.O) (Consolidated Issue listed on NASDAQ Capital Market)
Hardy Telecommunications Selects Zhone Technologies, Inc. To Bring Broadband Services To Rural West Virginia
Zhone Technologies, Inc. announced that Hardy Telecommunications has selected Zhone platforms and SLMS Access Operating System to expand tiered broadband offerings to business and residential customers throughout its rural West Virginia serving area. Hardy will offer Voice over IP (VoIP) and data services using a combination of Zhone's ADSL2+ and DSL Reach technologies integrated via the SLMS Access Operating System.
Zhone Technologies, Inc.'s MXK Platform Selected By Etisalat For Major Rollout Of GPON Services Throughout UAE
Zhone Technologies, Inc. announced that Etisalat, has selected Zhone`s new MXK intelligent terabit access concentrator for its major FTTx network expansion. Side by side with solutions provided by two other major suppliers, Etisalat will deploy Zhone`s MXK Intelligent Terabit Access Concentrator with zNID optical network terminals to business and residential customers in a major network expansion throughout the United Arab Emirates. Etisalat`s plans include GPON installations to provide broadband and a full suite of consumer voice and enhanced video services to its residential subscribers. Etisalat, will also use GPON on the MXK platform to provide a suite of sophisticated services, including advanced call processing and ultra high-speed data, to businesses throughout the region.
Zhone Technologies, Inc. Introduces ETHX 3100 Series
Zhone Technologies, Inc. announced its ETHX 3100 Series platforms with Pseudo-wire Edge-to-Edge Emulation (PWE3) enabling operators to migrate TDM applications onto a converged packet network for simpler network management and immediate OPEX savings.
Zhone Technologies, Inc. Comments On Q4 2009 EBITDA Outlook
Zhone Technologies, Inc. announced that it is on track to improve proforma EBITDA profitability in the fourth quarter of 2009. According to Reuters Estimates, analysts on an average were expecting the Company to report EBITDA of ($0.41) million for the same period.
Zhone Technologies, Inc. Issues Q4 2009 Outlook Above Analysts' Estimates-Conference Call
Zhone Technologies, Inc. announced that for the fourth quarter of 2009, it expects revenue to be between $37 and $38 million, the pro forma EBITDA profit to improve to approximately $1 million which would also lead to breakeven GAAP earnings. According to Reuters Estimates, analysts on an average were expecting the Company to report GAAP loss per share of $0.01 and EBITDA to be loss $0.41 million on revenue of $34 million for the same period.
