Vecima Selected by Charter Communications to Enable 10G Services over HFC Networks
March 21 2023 - 5:02PM
Business Wire
- Vecima to provide Entra® ERM3 next-generation Remote PHY
Devices for Charter’s enterprise-wide hybrid fiber coax (HFC)
network evolution
- Unique modular and compact ERM3 design allows for direct
installation in three of the most widely deployed third-party
optical nodes in North America
Following its prior announcement on March 15, 2023, Vecima
Networks Inc. (TSX: VCM) today announced that Charter
Communications, Inc. has selected its Entra® Distributed Access
Architecture (DAA) solution with ERM3 Remote PHY Devices to support
its fixed broadband network evolution to 10G. The ERM3 is expected
to be used for a substantial portion of Charter’s network and to
support a growth plan driven by network evolution, expansion, and
execution.
Vecima’s ERM3 Remote PHY Device (RPD) is designed to easily
upgrade legacy Hybrid Fiber Coax (HFC) nodes to DAA and reduce time
and cost for service providers while dramatically increasing
broadband capacity. The ERM3 RPD is a unique design that allows for
direct installation in three of the most widely deployed
third-party nodes in North America. Upgrading legacy nodes to DAA
allows for substantially improved service quality, lower-cost
operations, and higher bandwidth for DOCSIS subscribers. When
installed in Vecima’s previously announced EN9000 Generic Access
Platform (GAP) node, higher performance and density can be achieved
in a platform that enables ongoing further evolution in capacity
and access technologies.
In September 2022, Vecima announced significant market adoption
and scale for its Entra Cable Access and Fiber Access products,
including its Entra Remote PHY nodes. In addition, Vecima recently
announced a revenue record for its Entra DAA portfolio, with strong
deliveries in recent quarters.
With full support for all next-generation cable access
technologies, high-value legacy services, and proven
industry-leading interoperability, the networks of tomorrow are
deployable today without compromise using Vecima’s product
portfolio. Learn more at vecima.com/network-access.
About Vecima Networks Vecima Networks Inc. (TSX:
VCM) is leading the global evolution to the multi-gigabit,
content-rich networks of the future. Our talented people deliver
future-ready software, services, and integrated platforms that
power broadband and video streaming networks, monitor and manage
transportation, and transform experiences in homes, businesses, and
everywhere people connect. We help our customers evolve their
networks with cloud-based solutions that deliver ground-breaking
speed, superior video quality, and exciting new services to their
subscribers. Learn more at vecima.com.
This news release contains “forward-looking information” within
the meaning of applicable securities laws. Forward-looking
information is generally identifiable by use of the words
“believes”, “may”, “plans”, “will”, “anticipates”, “intends”,
“could”, “estimates”, “expects”, “forecasts”, “projects” and
similar expressions, and the negative of such expressions.
Forward-looking information in this news release includes but is
not limited to statements relating to the use of the ERM3 devices;
increase in performance, service quality, and density, as well as
lower costs from upgrades on EN9000 GAP; upgrades to the HFC nodes;
Charter’s growth plan; and expansion of our partnership with
Charter.
Forward-looking statements are not guarantees of future
performance, actions, or developments and are based on
expectations, assumptions and other factors that management
currently believes are relevant, reasonable, and appropriate in the
circumstances. The material expectations, assumptions, and other
factors used in developing the forward-looking statements set out
herein include or relate to the following, without limitation:
Vecima will be able to successfully execute its plans, strategies,
and objectives; Vecima’s ability to deliver the ERM3 devices; and
Charter’s use of the ERM3 devices as part of their network.
Although management believes that the forward-looking statements
herein are reasonable, actual results could be substantially
different due to the risks and uncertainties associated with and
inherent to Vecima’s business. A more complete discussion of the
risks and uncertainties facing Vecima is disclosed under the
heading “Risk Factors” in the Company’s Annual Information Form
dated September 22, 2022, as well as the Company’s continuous
disclosure filings with Canadian securities regulatory authorities
available at www.sedar.com. All forward-looking information herein
is qualified in its entirety by this cautionary statement, and
Vecima disclaims any obligation to revise or update any such
forward-looking information or to publicly announce the result of
any revisions to any of the forward-looking information contained
herein to reflect future results, events or developments, except as
required by law.
All forward-looking statements included in this press release
are expressly qualified in their entirety by these cautionary
statements. The forward-looking statements contained in this press
release are made as at the date hereof and Vecima undertakes no
obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as may be required by
applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20230321005881/en/
Investor Relations: 250-881-1982, invest@vecima.com Media
Relations: bernadette.dunn@vecima.com
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