DZS (Nasdaq: DZSI), a global leader of access, optical and
cloud-controlled software defined solutions, today announced that
the company will be a Platinum Sponsor of the German Broadband
Association’s (Bundesverband Breitbandkommunikation e.V. / BREKO)
Annual General Meeting (BREKO Jahrestagung 2023), being held in
Berlin on November 30, 2023.
As the largest fiber optic association in Germany, BREKO’s 450
member companies represent the majority of all fixed line broadband
network operators nationwide. These companies are strongly
committed to delivering next-generation fiber optics and currently
responsible for more than 70% of fiber optic connections to
Germany’s homes and businesses.
The BREKO Annual General Meeting is held at the end of each year
in Berlin and brings together luminaries from the political,
economic and science sectors. The conference provides the
opportunity for stakeholders to highlight key trends and strategies
in the telecom market, while networking and exchanging ideas. The
event features multiple conference panel sessions and keynote
presentations, and offers insights from leading policymakers,
business leaders, technology experts and investors. DZS is a
longtime BREKO member whose senior executives have had keynote
roles in prior BREKO Jahrestagung events.
“The support of top BREKO partners like DZS is crucial to
helping our members accomplish their collective mission to build
out fiber broadband connectivity across all of Germany,” said Dr.
Stephan Albers, Managing Director, BREKO. “DZS is well established
as a leader and innovator in our fast-growing German market, and
its solutions and services have already made a significant
contribution to our members’ aggressive fiber rollout
initiatives.”
Data from BREKO’s own annual market survey shows that Germany is
making significant ongoing progress towards its goal of 100% of
homes and businesses passed by fiber by 2030. For example, from
January to June 2022, 1.5 million more homes were passed by FTTx
(Fiber-to-the-Home, Premise, etc.). This makes Germany the
third-fastest-growing fiber market in Europe. But according to FTTH
Council Europe figures the country still has the most work to do of
any European Union (EU) nation, with about 33 million homes yet to
be covered. With just around one quarter of homes passed as of
2022, the projected evolution of German FTTx subscriptions from
2023 to 2028 is 393%, one of the highest in the EU.
“DZS values our strategic role leveraging our category defining
access, optical and cloud-connected technology to accelerate
Germany’s fiber broadband buildout,” said Charlie Vogt, CEO, DZS.
“Over 30 BREKO members are already DZS customers who are active in
over 40% of the municipal areas in southwest Germany.”
Vogt added, “DZS has built its reputation on delivering
innovative, market-leading fiber-based solutions that support some
of the most demanding service provider networks in the world and as
the European FTTx markets accelerates, we stand ready to deliver
the next-generation technology solutions required to achieve a full
fiber Germany. BREKO has been a strategic DZS partner for many
years and we look forward to playing a significant role in aligning
with their members to close the digital divide by bringing
hyper-fast smart connectivity solutions to every home in
Germany.”
DZS offers a market-leading portfolio of Access EDGE, Subscriber
EDGE, Optical EDGE, and cloud-based solutions, all created to
deliver the ultimate subscriber experience. DZS technology empowers
service providers to rapidly and cost-effectively transform their
networks to provide multi-gigabit services today, while laying a
future-ready foundation for in-place upgrades to 50/100-gigabit
performance going forward. DZS platforms and software are
standards-based, proven interoperable with many other vendors’
equipment, and specifically architected to be managed in
multi-vendor environments.
The groundbreaking DZS Velocity V6 fiber access system recently
won the 2023 INTERNET TELEPHONY Product of the Year award as among
the most exceptional and innovative products in the IP
communications industry.
To learn more about DZS, visit https://www.dzsi.com.
About BREKO
The German Broadband Association (Bundesverband
Breitbandkommunikation e.V. / BREKO) represents the majority of
German fixed network competitors. As the largest fiber optic
association in Germany with 450 member companies, BREKO
successfully promotes competition in the German telecommunications
market. Its members are clearly committed to future-proof fiber
optics and are currently responsible for more than 70% of fiber
optic connections to buildings and homes. The more than 235
telecommunications network operators in the association supply both
municipalities and rural areas with future-proof fiber-optic
connections. To this end, they invested a total of 3.2 billion
euros in 2021, generating a turnover of 5.2 billion euros.
About DZS
DZS Inc. (Nasdaq: DZSI) is a global leader of access,
optical and cloud-controlled software defined solutions.
DZS, the DZS logo, and all DZS product names are trademarks of
DZS Inc. Other brand and product names are trademarks of their
respective holders. Specifications, products, and/or product names
are all subject to change.
This press release contains forward-looking statements regarding
future events and our future results that are subject to the safe
harbors created under the Private Securities Litigation Reform Act
of 1995. These statements reflect the beliefs and assumptions of
the Company’s management as of the date hereof. Words such as
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,”
“should,” “target,” “will,” “would,” variations of such words, and
similar expressions are intended to identify forward-looking
statements. Readers are cautioned that these forward-looking
statements are only predictions and are subject to risks,
uncertainties and assumptions that are difficult to predict. The
Company’s actual results could differ materially and adversely from
those expressed in or contemplated by the forward-looking
statements. Factors that could cause actual results to differ
include, but are not limited to, those risk factors contained in
the Company’s SEC filings available at www.sec.gov, including
without limitation, the Company’s annual report on Form 10-K,
quarterly reports on Form 10-Q and subsequent filings. In
addition, additional or unforeseen affects from the COVID-19
pandemic and the global economic climate may give rise to or
amplify many of these risks. Readers are cautioned not to place
undue reliance on any forward-looking statements, which speak only
as of the date on which they are made. DZS undertakes no obligation
to update or revise any forward-looking statements for any
reason.
For further information see: www.DZSi.com.DZS on
Twitter: https://twitter.com/dzs_innovationDZS on
LinkedIn: https://www.linkedin.com/company/DZSi/
Press Inquiries:
Kenny Vesey, Thatcher+Co.
Phone: +1.973.518.3644
Email: kvesey@thatcherandco.com
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