DZS Inc. (DZSI) has completed the divestiture of its Asia business to DASAN Networks, Inc., marking a pivotal step in its growth strategy. With the sale, DZS is poised to focus its resources on key regions, including the Americas, Europe, the Middle East and Africa (AEMEA), and Australia/New Zealand (ANZ). The move not only streamlines its operations but also eliminates approximately $43 million of debt, significantly reducing its long-term debt to $15 million.The decision to divest aligns with DZS' long-te ...

DALLAS, April 05, 2024 (GLOBE NEWSWIRE) -- DZS (NASDAQ:DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has completed the divesture of its Asia business to DASAN Networks, Inc. (DNI), enabling the company to focus its go-to-market strategy, technology and innovation on the Americas, Europe, Middle East and Africa (AEMEA), and Australia/New Zealand (ANZ) regions. The transaction eliminates ~$43 million of debt, reducing the total long-term debt to $15 ...

DZS Inc (DZSI) and Infinera (INFN) have collaborated to showcase the newly integrated ICE-X Coherent Pluggable Solutions at the Optical Fiber Communication Conference and Exhibition in San Diego. The integrated solution is designed for mobile xHaul and advanced symmetrical business services in a bandwidth of 25GE to 400GEThe state-of-the-art solution integrates DZS Saber’s 2200 Coherent Ethernet Switch with Infinera’s Open XR optics-enabled solution to deliver high-density aggregation, low latency services, ...

DALLAS, March 11, 2024 (GLOBE NEWSWIRE) -- DZS (NASDAQ:DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced that Botswana Fibre Networks (BoFiNet), a leading wholesale provider of national and international telecommunications infrastructure in Africa and operator of the largest fibre network in the country, has deployed key solutions within the DZS Access and Subscriber Edge portfolios to deliver world-class digital connectivity and to help drive economic growth. ...

DZS Inc. (DZSI) is set to revolutionize Internet connectivity in rural Texas, particularly in the Bolivar Peninsula. Through a strategic partnership with Rural Telecommunications America (“RTA”), DZS is deploying cutting-edge technologies to deliver high-speed Internet, voice and video services to more than 6,000 residential and business customers in the region.RTA, renowned for its commitment to bridging the digital divide, selected DZS after an exhaustive evaluation process. By upgrading from fixed wirele ...

In a move to enhance broadband services in northern Ontario, Vianet, a prominent regional communications service provider, has deployed DZS Inc.'s (DZSI) Velocity V6 fiber access system. The collaboration aims to deliver lightning-fast Internet speeds to residential and business customers, positioning Vianet as a leader in the competitive market.The DZS Velocity V6 fiber access system stands out for its industry-leading performance and high density in a compact form factor. It enables Vianet to offer multi- ...

DALLAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- DZS Inc. ("DZS" or the "Company") (NASDAQ:DZSI), a global leader of access, optical and AI-driven cloud software solutions, announced today that on February 6, 2024, DZS Inc. (the "Company") received a Staff Delisting Determination (the "Staff Determination") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that Nasdaq has initiated a process that could result in the delisting of the Company's securities from ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-Q __________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to 000-32743 (I.R.S. Employer I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-32743 DZS INC. ...

DZS Inc. (NASDAQ:DZSI) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants Ted Moreau - Head of Investor Relations Charles Vogt - President & Chief Executive Officer Miguel Alonso - Chief Product Officer Misty Kawecki - Chief Financial Officer Conference Call Participants Tore Svanberg - Stifel Ryan Koontz - Needham & Company Paul Essi - William K. Woodruff & Company Tim Savageaux - Northland Capital Markets Dave Kang - B. Riley Christian Schwab - Craig Hallum Operator Good day ...