Yahoo Finance Dell’Oro Group Names Vecima Global Market Share Leader in Fiber Remote OLTs and DAA Remote MACPHY for Third Consecutive Year
VICTORIA, British Columbia, April 24, 2024--(BUSINESS WIRE)--Vecima Networks Inc. (TSX: VCM) announced today that Dell’Oro Group has recognized the company as the 2023 market share leader in two Distributed Access Architecture (DAA) segments – Remote Optical Line Terminals (R-OLT) and Remote MACPHY (R-MACPHY). Dell’Oro Group named Vecima as the leader in both categories for 2021 and 2022.
According to the March 7, 2024, Dell’Oro Group report:
Vecima is the global revenue share leader in Remote OLT devices, used by cable operators top deliver fiber-to-the-home (FTTH) services
Vecima is the global revenue share leader in Remote MACPHY devices
"Vecima’s ongoing collaboration with cable operators further solidifies its role in driving the adoption of cutting-edge technologies," said Jeff Heynen, Vice President, Broadband Access and Home Networking at Dell’Oro Group. "With its expertise in DAA, Vecima is well-prepared to help cable networks evolve globally, ensuring seamless connectivity for operators and subscribers."
"Being acknowledged, once again, as the global market share leader in the R-OLT and R-MACPHY DAA segments highlights Vecima’s unwavering commitment to innovation and excellence in empowering cable operators worldwide," said Clay McCreery, Chief Operating Officer at Vecima. "Our Unified Access Architecture includes DAA and FTTH, giving operators the flexibility and scalability needed to meet evolving demands for next-generation broadband connectivity."
About Vecima Networks
Vecima Networks Inc. (TSX: VCM) is leading the global evolution to the multi-gigabit, content-rich networks of the future. Our talented people deliver future-ready software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. We help our customers evolve their networks with cloud-based solutions that deliver ground-breaking speed, superior video quality, and exciting new services to their subscribers. There is power in connectivity – it enables people, businesses, and communities to grow and thrive. Learn more at www.vecima.com.
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Contacts
Investor Relations: 250-881-1982, invest@vecima.com
Media Relations: bernadette.dunn@vecima.com
