Ciena Corporation’s ( CIEN Quick Quote CIEN - Free Report) sub-division, Blue Planet, recently announced its collaboration with Virgin Media Ireland to facilitate a three-year transition toward a complete fiber network and a shift from traditional cable services to fully automated and high-speed fiber broadband services.
Virgin Media will leverage Blue Planet’s intelligent automation platform for network and service automation to enhance the user experience and provide ultra-fast broadband connectivity to its residential and business customers.
Blue Planet platform will also help Virgin Media to modernize its Operational Support Systems stack and streamline the order-to-service process for reliable fiber broadband services. The deployment of the Blue Planet platform, facilitated by Prodapt, a telco-focused implementation partner, allows Virgin Media to rapidly introduce 2GB Full Fiber Broadband to homes and businesses across Ireland while providing a consolidated view of the network's status and enhancing service agility through Blue Planet Orchestration.
Ciena is a leading provider of optical networking equipment, software and services. The increasing cloud adoption, rising demand for higher capacity and bandwidth and the proliferation of edge applications drive demand for Ciena’s diversified product portfolio.
In September, the company
announced that its Waveserver 5 compact interconnect platform, powered by WaveLogic 5 Nano (WL5n) 400ZR coherent pluggable, is being leveraged by a Service (IaaS) provider in Latin America — EdgeUno.
EdgeUno will be utilizing Ciena’s platform to upgrade its data center interconnect network, which will significantly benefit EdgeUno's customers in Brazil and Mexico by providing them with a more dependable and scalable network.
Prior to that, the company announced that Colt Technology Services was leveraging its coherent technology to offer high-capacity services across long distances spanning more than 500 kms. The upgrade allows Colt to improve its services on the Colt IQ Network to better respond to the growing demand for high-bandwidth, on-demand connectivity in Japan.
CIEN currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 17.8% compared with the
sub-industry’s growth of 19.8% in the past year. Image Source: Zacks Investment Research Stocks to Consider
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