09:46:57 EDT Thu 16 May 2024
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Vecima Networks Inc
Symbol VCM
Shares Issued 24,301,594
Close 2023-05-19 C$ 19.87
Market Cap C$ 482,872,673
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Vecima wins Entra SC-1D contract in Austria

2023-05-22 12:21 ET - News Release

Mr. John Ruwe reports

VECIMA AND WITKE TO DEPLOY REMOTE MACPHY SOLUTION FOR TELENET SYSTEMS AUSTRIA

Austria's Telenet Systems has selected Vecima Networks Inc.'s Entra SC-1D remote MACPHY node to be deployed through Witke, Vecima's reseller in Austria. The SC-1D provides a simple, cost-effective and power-saving solution to help Telenet Systems deliver a faster broadband experience for subscribers.

Designed with a compact form factor that is optimized for European deployments, the SC-1D delivers performance gains alongside substantial savings on capital and operating expenses. Through a hot-swappable, modular design, two or four RF (radio frequency) ports are available, along with support for all downstream and upstream radio frequency split configurations. The SC-1D is designed to enable greater serviceability, scalability and lower operating costs.

"We're excited to equip Telenet Systems with Vecima Networks' turnkey remote MACPHY solution that enables distributed access architecture (DAA) deployments," said John Ruwe, vice-president of EMEA (Europe, the Middle East and Africa) sales at Vecima. "The solution includes nodes, the Entra access controller and video services. Vecima is ready to bring this solution to customers all over Austria."

The Entra distributed access platform is Vecima's sustainable and economically friendly realization of the next generation of cable-access products. As proprietary, optical transport networks become obsolete, Entra is optimized to facilitate the delivery of existing video and data services over hybrid fibre coax (HFC) and open, ubiquitous, all-digital ethernet connections.

The Vecima DAA portfolio, recently recognized by the Dell'Oro Group as the global market share leader in remote MACPHY and remote OLT (optical line terminal) solutions, is deployed by operators around the world. With broad support for all next-generation cable access technologies, high-value legacy services, and proven industry-leading interoperability, the networks of tomorrow are deployable today without compromise.

About Witke

What began in 1984 as a small business in a family home grew to become one of the most successful companies in Austria's cable communication products and services market. Even with all its success, Witke remains family run, now in its second generation, with many of its roughly 90 employees having been with the company for decades. Witke's services include electrical engineering, fibre optics, cable TV and broadcasting technology, communications, manufacturing, and construction. Where others cannot find a solution, Witke is always happy to help.

About Vecima Networks In.

Vecima Networks is leading the global evolution to the multigigabit, content-rich networks of the future. Vecima's 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. The company helps its customers evolve their networks with cloud-based solutions that deliver groundbreaking speed, superior video quality and exciting new services to their subscribers.

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