Occam Networks Selected to Support Mountain Rural Telephone’s $78.1 Million Broadband Stimulus Fiber Project
02 Noviembre 2010 - 6:00AM
Business Wire
Occam Networks®, Inc. (Nasdaq:OCNW), announced today that
Mountain Rural Telephone Cooperative Corporation (MRTC) has chosen
the BLC 6000 multiservice access platform (MSAP) to deliver
high-speed broadband services across four counties in Eastern
Kentucky. A combination of first-round Broadband Initiatives
Program (BIP) grants and loans, totaling $78.1 million, will fund
the fiber-based network that, once completed, will reach over
15,000 businesses and residences.
“Bringing an advanced, fiber network to this area of the state
will be critical to ensuring economic development and an improved
quality of life for residents,” said Allen Gillum, General Manager,
Mountain Rural Telephone. “After working closely together with
Occam over the past three years, it is clear that the company has
the same level of commitment to advancing rural development as we
do. As a trusted partner, Occam’s vast experience with rural
providers and responsiveness to our needs has been invaluable to
our efforts, as well as our subscribers, and will continue to be
critical throughout the fiber project.”
Located in a mountainous area with little existing
infrastructure, MRTC’s fiber network will provide a valuable
economic resource for Morgan, Elliott, Menifee and Wolfe Counties.
The area is currently underserved and has broadband usage rates
well below the rest of the state; however, when the planned 20Mbps
service becomes available, subscribers will be able to take full
advantage of true high-speed broadband with online training classes
while local businesses will be able to market to new areas. In
addition to driving economic development for local businesses, the
network build is also creating new employment opportunities within
the community, many of which will continue past the completion of
the network.
“Throughout the broadband stimulus process, our service provider
customers have been ambitious in developing large-scale network
projects that improve both the economy and educational experience
of their communities,” said Juan Vela, Director, Solutions
Marketing and Strategy for Occam Networks. “MRTC is another
standout example of this dedication to enabling social and economic
growth within the region. With their planned fiber network, MRTC
will advance the communications services of the area and provide
the needed infrastructure to support new services as they arise for
years to come.”
MRTC has been a premier telecommunications provider in the area
since 1950, keeping services up and running in harsh weather,
including ice storms that often disrupt power services. Over the
past year, MRTC rolled out a new IPTV service offering, which
includes HDTV programming and DVR services. In addition to
traditional voice services, MRTC has delivered up to 3MBps Internet
access over its existing Occam BLC 6000-powered network.
About Occam Networks, Inc.
Occam Networks' broadband access solutions empower service
providers to offer profitable new voice, data and video services
over copper and fiber. Occam systems deliver flexibility and
scalability in a Triple Play world. Over 3 million BLC 6000 ports
are currently deployed at over 380 service providers worldwide. For
more information, please visit www.occamnetworks.com.
Cautionary Note About Forward-Looking Statements
Portions of this press release may contain forward-looking
statements regarding future events or the future performance of
Occam Networks, including statements predicting increased adoption
of products and technologies offered by Occam and the willingness
and ability of our customers to purchase additional Occam products
and upgrade their product offerings. Forward-looking statements
involve risks and uncertainties, which could cause actual results
to differ materially from any future performance suggested in such
statements. In particular, rapidly changing technologies and market
conditions may require changes to Occam's products, and the
willingness of our customers to purchase upgraded products such as
Triple Play will depend in part on customers' existing network
configurations and any incremental costs associated with
implementing upgrades. Occam does not undertake any obligation to
publicly update any forward-looking statements as a result of new
information, future events or otherwise. Please also refer to the
company's most recent quarterly report on Form 10-Q, annual report
on Form 10-K and other filings with the SEC. These filings contain
and identify other important factors that could cause actual
results to differ materially from those contained in any
forward-looking statements.
Occam Networks and Occam BLC 6000 are either registered
trademarks or trademarks of Occam Networks, Inc. in the United
States and/or other countries.
All other trademarks mentioned are the property of their
respective owners.
Occam Networks (MM) (NASDAQ:OCNW)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Occam Networks (MM) (NASDAQ:OCNW)
Gráfica de Acción Histórica
De May 2023 a May 2024