[NEWS] DZS Files Q2 2024 Financial Results

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OVERVIEW

Reimagine Your EDGE

DZS is a global leader of Network Edge, Connected Home/Enterprise and AI Cloud Software solutions that enable gigabit broadband everywhere.

Based in Plano, Texas, USA with sales, support and development offices in Australia, Canada, Germany, Spain, Turkey, UAE and the UK, we have more than 300 customers across more than 50 countries in the Americas, EMEA, and Australia/New Zealand regions. Communications service providers (CSPs) rely on DZS systems, platforms, and services, which connect to over 50 million homes and businesses. In fact, over half of the top 25 telecom providers in the world and major global enterprises depend on DZS for their fixed and wireless access, home/enterprise connectivity, mobile and converged broadband services as well as AI cloud insights. Across this footprint, our customers share in the common aspiration of providing a superior broadband experience to their subscribers, enterprise end users and IoT machines. These customers are leveraging DZS platforms and solutions to transform their networks to become the most agile and innovative CSPs and enterprises in their markets and to bring gigabit broadband experiences everywhere.

DZS Experience Studio
INTRODUCTION

Bring Fixed and Wireless Gigabit Connectivity Everywhere

Our software and network innovations are empowering CSPs and enterprises to reimagine their network edge and transform their businesses and network infrastructure to become the experience providers of tomorrow.

DZS-intro-teaser-brochure3

A Message From Our President & CEO

DZS is at the forefront of the emerging hyper-connected world which will thrive on gigabit broadband connectivity everywhere. With the communications industry and business world evolving at an ever-increasing pace, service providers and enterprises are facing unprecedented opportunities and challenges. In order to find success in this new environment, these companies need next-generation technologies and world-class solutions to be agile, compete and win.

DZS is here to enable the winners of this hyper-connected world with fixed and wireless gigabit connectivity everywhere.

charlie
Charlie Vogt

A pioneer in delivering open and AI-automated broadband networks, SDN, and virtualization, DZS provides CSPs and enterprises with the innovation that leads to future-proof networks and outstanding performance. We strive to arm our customers with the agility, network resources and deployment freedom they need to lead in their markets and deliver an unrivaled communications experience.

We take pride in our role as a global leader in offering innovative hyper-broadband solutions across fiber, copper, coaxial cable, licensed wireless, Wi-Fi, and mobile networks on highly reliable platforms that deliver a sensational end-user experience today and into the future.

We at DZS foster a relentless focus and pursuit to provide our customers with best-in-class technology, service and support. Emerging technology themes and trends, such as 5G, IOT, AI/ML, Interactive Gaming, OTT Streaming, Cloud Virtualization, Software-Defined Networking and Optical Local Area Networking, increasingly are enablers for innovation and technology differentiation for DZS and its solutions.

Never before have CSPs and enterprises experienced so much growth opportunity with so many technology and operational hurdles. With our recent acquisition of NetComm, we see the combination of DZS’ award-winning broadband Network Edge and AI-driven cloud software solutions with NetComm’s leading-edge Fiber Extension, Fixed Wireless Access (FWA) and Connected Home/Enterprise broadband solutions and patents creating an extraordinarily comprehensive, flexible, intelligent and easy to install and operate broadband access and edge transport portfolio.

We couldn’t be more excited about this influx of innovation and resources into our company, and believe that the future holds incredible opportunity for DZS and its customers.

CV
President & CEO

Leadership

Meet the DZS Leadership Team

Careers

Join the DZS Team

History of Innovation

Founded in 1999, DZS has a long history of technology and innovation

DZS-NetComm-Logo-combo
2024
Acquired NetComm
DZS-logo
2022
Acquired CloudCheck and Expresse
optelian_rift
2021
$64M follow-on equity offering

Shipped 1.5M mobile ports
Acquired Optelian and Rift
Launched DZS Chronos, Velocity, Helix, DZS Cloud & XCelerate by DZS

DZS-logo
2020
Launched new DZS brand

Introduced world's 1st O-RAN Network
Extended BBF CloudCo demo to 10G PON

keymile
2019
Introduced 5G fronthaul solutions in Japan

World's 1st CloudCo demo
Acquired KEYMILE

first_dzs
2017
DASAN Zone Solutions rebrands as DZS
dasanzhonesolutions
2016
Zhone and DASAN merge

DASAN Zhone Solutions formed
1st 10G switches introduced at KDDI

mxk-f
2015
Introduced MXK-F Portfolio

Opened Vietnam Center of Excellence

fiberlan
2012
Introduced FiberLAN
dasan_panyo
2011
DASAN Opens Pangyo Office
mobile_transport
2009
Introduced MXK Portfolio

Shipped 1st Mobile Transport Products

kt_softbank
2007
Entered Japanese Market

Shipped 1st FTTP network to KT
Won SoftBank as a customer

paradyne
2005
Built 1st ADSL2 IP-DSLAM

Acquired Paradyne

gluon_sorrento
2004
Entered European Market

Acquired Gluon Networks
Acquired Sorrento Networks

tellium
2003
ZHNE Listed on NASDAQ

Acquired Tellium
Built First VDSL IP-DSLAM

nortel
2001
Built 1st Linux Router

Acquired Nortel Access Node

dasan
2000
DASAN Listed on KOSDAQ
zhone
1999
Zhone Founded

Our Story

A Network Pushed to the Edge: The global communications industry is undergoing a massive shift propelled by new technologies and skyrocketing bandwidth demands. The need for enhanced performance is being driven by the emergence of new virtual applications and a better broadband experience.

To meet these demands, service providers are pushing both compute and intelligence to the network edge – closer to where data is created and consumed, and the subscriber experience is defined. Traditional network architectures, operational methodologies and business models are not well-suited for this new environment, and traditional industry vendors have been slow to react, protecting investments made in legacy product lines and pursuing business practices that are not aligned with long-term service provider success.

A New Company Architected to Challenge the Status Quo: In 2020, a new global communications company was born to take full advantage of this emerging world. DZS was founded through the vision and leadership of serial industry disruptor and renowned company builder Charlie Vogt, who has systematically assembled a formidable innovation team and engine focused on meeting the demands of the future, developing breakthrough and high-quality solutions, and helping service providers transform their networks and operations to achieve a competitive edge through an integrated suite that includes:

  • 10 Gigabit Passive Optical Networking (10Gig PON)
  • 5G Open RAN transport
  • Software-defined networking
  • Broadband service performance and assurance
  • Environmentally hardened access and optical designs necessary for the emerging network edge

Delivering a Competitive Edge to the Winning Service Providers of Tomorrow: By unifying its global operations and product innovation teams and instilling a pervasive customer-first attitude and agile mindset, DZS is delivering on its commitment to service providers, and the success of this strategy has been undeniable.

Since 2020, DZS has booked over $1 billion in new orders, raised over $100M in new investment, and won over 200 new customers, including some of the largest and most respected carriers in the world. It has also revamped its quality control, support, and services processes and resources to deliver exceptional performance and responsiveness. Today, with over 400 customers, 60,000 systems deployed, and 70 million cloud-connected subscribers globally, DZS has the scope and scale of business that allows it to lead markets in which it competes while remaining agile and responsive to change. DZS’ new products have received numerous industry accolades.

Gain Your EDGE with DZS and Transform from Service Provider to Experience Provider: DZS solutions deliver the intelligence to glean the actionable insights necessary for new service opportunities, faster response times, and dramatic operational savings. As its customers embrace its EDGE solutions, DZS empowers them to establish their competitive EDGE and enables them to transform from today’s “Service Providers” into tomorrow’s “Experience Providers”.

By partnering with DZS and embracing the company’s market-leading AccessOpticalSubscriber and Cloud EDGE solutions, our customers will be the technology winners in their markets, with systems and platforms that scale and adapt to the capacity and performance challenges of today and in the future.

Be Bold and Reimagine Your EDGE with DZS!

Our Mission

DZS solutions are enabling today’s CSPs and enterprises to leverage the best technology for each location in the network, whether fiber, copper, coaxial cable, licensed wireless or WiFi, and combine it with AI-driven insights and intelligence to simplify and unify the delivery of new services at the network edge. For our customers, they see higher performance, lower latency and better responsiveness and agility as they transform into tomorrow’s experience providers.

Through our game-changing technology innovation, we aim to create a world that is hyper-connected everywhere, while also helping our CSP and enterprise customers achieve faster response times and operational efficiencies. This allows them to disrupt their markets and gain a sustainable Competitive Edge.

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