KT Corporation Leverages Longtime Partner DZS to Make the Leap to Multi-Gigabit Speeds in Southern Korea
31 Enero 2023 - 7:00AM
DZS (Nasdaq: DZSI), a global leader of access, optical and
cloud-controlled software defined solutions, today announced that
KT Corporation (formerly Korea Telecom), the Republic of Korea’s
largest wireline broadband service provider and a DZS customer
since 2005, has chosen the DZS Velocity Access EDGE platform and
advanced optical line terminal (OLT) technology as the foundation
for its new 10 Gigabits per second (Gbps) Fiber-to-the-Premises
(FTTP) Ethernet Passive Optical Networking (EPON) infrastructure
across the country’s southern half including the Daegu, Busan and
Gwangju regions. The network upgrade will support world-class
residential and business internet, voice and video services
throughout the region.
“To prepare for new demands for bandwidth-intensive services
that we know are coming, KT is upgrading our existing 1Gbps network
infrastructure to 10Gbps with the DZS Velocity Access EDGE
platform,” said SangWook Kim, Director, Access Network Technology,
KT. “The latest Velocity system not only provides us with the
ability to deliver up to a ten-fold data rate improvement per port,
but it also allows us to reach 50% more subscribers per platform
despite being 40% smaller than the previous generation. The new
platform’s deployment flexibility, cost-effectiveness, due to its
high density and ongoing energy and space savings, and proven
reliability were key to our selection of DZS, as well as a
long-term relationship where we have demonstrated superior service
expertise and customer focus.”
“The Republic of Korea has consistently been recognized as a
broadband and 5G world leader, with some of the world’s fastest
mobile and broadband internet speeds and many of the most advanced
applications, including large-scale AR/VR/XR and metaverse,” said
Daniel Won, Chief Customer Officer, Asia at DZS. “We are proud that
we continue to earn the business of our long-time partner and
global telecommunications leader, which is relying on DZS to create
their next-generation EPON access network infrastructure for both
residential and business customers. We are one of the leading
network equipment developers and vendors in all of Korea and by
deploying DZS Velocity platforms, KT will both significantly
enhance their PON network and outpace their competition with
world-class 10 gig services.”
DZS offers among the industry’s widest selection of Access EDGE,
Subscriber EDGE, Optical EDGE and cloud-based network orchestration
and experience management solutions to drive multi-gigabit network
performance and a differentiated subscriber experience. By
leveraging DZS platforms, “service providers” can rapidly transform
into “experience providers” as they enhance their access and/or
middle mile networks, better leverage and analyze the service
performance and data available in the network and maximize their
return on investment (ROI). DZS systems, platforms and technologies
are standards-based, have proven interoperability with most
vendors’ equipment, and are designed to be managed and orchestrated
alongside third-party solutions.
To learn more about DZS, visit https://www.dzsi.com
About KT Corporation
KT Corporation (NYSE: KT), formerly Korea Telecom, is Republic
of Korea’s largest telecommunications operator, providing the
fastest and most innovative ICT-based telecommunications and
convergence services for residential and corporate customers. KT is
transforming into a digital platform company (DIGICO), accelerating
innovation to a customer-centric platform for various business
sectors such as media, finance, and B2B. KT’s vision is to become a
DIGICO that brings innovation to other industries and transforms
the lives of our customers based on AI, Big Data, and cloud
technologies. To that end, we promote customer-centeredness, a
sense of ownership, communication and collaboration, and our
business fundamentals and processes as our employees’ core
values.
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:
McKenzie Hurst, Thatcher+Co.
Phone: +1 646.893.0036
Email: mhurst@thatcherandco.com
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