Arris Offers Hybrid Fiber Coax - Analyst Blog
June 06 2013 - 6:35PM
Zacks
Arris Group Inc. (ARRS) – a global technology
leader in the development of advanced cable telephony,
next-generation high-speed data network – is offering an advanced
range of Hybrid Fiber Coax (HFC) optics, nodes and amplifiers
targetting European cable operators.
The newly-launched HFC portfolio includes flexible design, better
network efficiency, reduced installation time, cost effective,
alternate power backup, quickly upgradable and electronic remote
device. Arris’s UCN224, UCN212 UCA222 and UCA212 have three pins
with two active modes and easily support 1.2 GHz network speed.
Such advanced features will not only help the European cable
operators to drive their networks but also help them to offer
multiscreen viewing without any disruption to their customers.
The concept of TV viewing has changed radically with higher
adoption of smartphones and tablets. Viewers like easy and
comfotable access to their favourite shows anytime and anywhere.
Thus, the mounting data usage weighs heavy on the network and
therefore, affects network performance. So, implementing the new
HFC technology will boost the cable operator’s performance.
Arris recently acquired the cable set-top box business of Motorola
Mobility, a subsidiary of Google Inc. (GOOG), for
a total consideration of $2.35 billion. The acquisition of the
Motorola set-top box business will undoubtedly help Arris attain a
strong foothold in the video offerings market.
In the recently concluded quarter, Arris’ total revenue was $353.7
million, up 16.8% year over year. Quarterly Domestic revenues were
68.3% while International revenues were 31.7%.
Comcast Corp. (CMCSA) and Time Warner
Cable (TWC) are the two largest customers of Arris and
have together contributed 43% of Arris’ total revenue. Hence, we
believe that by targeting the European market with its advanced
products, Arris will reduce its dependency on the domestic market,
thereby driving International revenues for the company.
Currently, Arris Group Inc. carries a Zacks Rank #3 (Hold).
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