OAKLAND, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) -- DASAN Zhone Solutions, Inc. (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced it has been selected by Rakuten Mobile, Japan’s newest mobile operator, as a technology partner to deliver the next generation of mobile cell site aggregation switches that support 4G LTE & 5G ready services as well as Wi-Fi services.
Rakuten Mobile is building a cloud-native mobile network that will scale the end user experience and transform the operational simplicity of managing a nationwide mobile network. Rakuten mobile’s new mobile architecture is based on network virtualization and cloud web-scale solutions that enable the ultra-fast delivery of services and readily scales for mass market roll-out. The utilization of fiber densification to mobile cell sites enables ultra-high performance and low latency transport that both enhances the end mobile user application experience and enables Rakuten to automate and manage the network services at a fraction of the cost of traditional operators.
“We are thrilled to partner with DZS, an industry leader in developing innovative managed network solutions,” said Tareq Amin, Chief Technology Officer (CTO), Rakuten Mobile.
“Rakuten Mobile is truly changing the communications world landscape and revolutionizing the 5G world. We are excited to be a part of the transformative change in the mobile industry,” said Yung Kim, CEO of DZS.
About DASAN Zhone Solutions, Inc.
DASAN Zhone Solutions, Inc. (NASDAQ: DZSI) is a global leader in network access solutions for service providers and enterprise networks. The company provides a wide array of reliable, value-add networking technologies—including broadband access, mobile backhaul, Ethernet switching, Passive Optical LAN, and software-defined networks—to a diverse customer base that includes more than 1,000 of the world’s most innovative network operators. DASAN Zhone Solutions is headquartered in Oakland, California, USA, with operations in more than 20 countries worldwide.
DASAN Zhone Solutions, the DASAN Zhone Solutions logo, and all DASAN Zhone product names are trademarks of DASAN Zhone Solutions, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under federal securities laws. Words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “will,” and similar expressions are intended to identify forward-looking statements. In addition, forward-looking statements include statements that refer to the Company’s relationship and future business with Rakuten and growth opportunities in Japan. Actual results could differ materially from those expressed in the forward-looking statements. Factors that could cause actual results to differ include commercial acceptance of the Company’s products; competition in the communications equipment market; the Company’s ability to execute on its strategy and operating plans; and economic conditions. See also the risk factors in the Company’s Form 10-K and other SEC filings available at www.sec.gov. 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. The Company undertakes no obligation to update or revise any forward-looking statements for any reason.
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