ARRIS International plc’s (ARRS - Free Report) subsidiary — Ruckus Networks — recently announced that it is partnering with Facebook, Inc.’s (FB - Free Report) Express Wi-Fi Certified venture that allows Wi-Fi access point vendors to build Wi-Fi hardware compatible with Express Wi-Fi. The program helps operators offer fast Internet access in public spaces and bring affordable Wi-Fi solutions to emerging markets.
As a result, operators partaking in the program will deploy the Ruckus Virtual SmartZone (vSZ) controllers and certified indoor/outdoor Wi-Fi access points in high-traffic public areas in Africa, India and Indonesia. The Ruckus vSZ is a network functions virtualization-based and cloud-ready wireless LAN (WLAN) controller for service providers and enterprises ready to elevate their WLAN deployment to the next level of flexibility, resiliency and scale.
Ruckus products are currently deployed in Express Wi-Fi installations in Tanzania, Nigeria and other developing nations. The products feature Ruckus’ adaptive antenna BeamFlex technology that enables the antenna system within a Ruckus Access Point to continually sense and optimize its environment. The system mitigates radio interference, noise and network performance issues and improves application flows resulting in increased performance and range, crystal clear video and voice communications and maximized power efficiency.
Ruckus strives to provide connectivity to people in the most remote areas of the world for connecting the unconnected. It believes this to be an important criterion in bridging the digital divide, giving individuals access to high-performance Wi-Fi networks.
In the past three months, shares of ARRIS have lost 0.3% against a rise of 15.5% for the industry.
ARRIS currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Turtle Beach Corporation (HEAR - Free Report) , sporting a Zacks Rank #1 (Strong Buy) and Acacia Communications, Inc. (ACIA - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Turtle Beach has a long-term earnings growth expectation of 18%. It surpassed earnings estimates twice in the trailing four quarters with an average positive surprise of 727.8%.
Acacia Communications has a long-term earnings growth expectation of 14.1%. It beat earnings estimates in each of the trailing four quarters, the average being 37.6%.
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