EXFO: Hyperoptic chooses EXFO to accelerate the deployment of its fiber optic network
Partnership for the nationwide extension of a high-quality broadband network
LONDON, UK, June 17, 2021 / PRNewswire / – Hyperoptic, a leading provider of fiber-optic broadband services, today announced that it has selected advanced network testing technology from EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) , experts in the testing, monitoring and analysis of the communications industry, to support its ambitious expansion plan through the UK.
Hyperoptic is a national Internet Service Provider (ISP) that installs and maintains its own dedicated fiber optic network. It serves multi-family to single-family homes in over 40 UK cities, and is expanding its footprint through partnerships with more than 250 developers and 50 councils.
Deployments of this magnitude require an approach that is focused on deployment that is both rapid and high quality: a âgood first timeâ version is essential for the basic network infrastructure. This approach also alleviates a major challenge to results in the form of costly return visits to resolve connection issues – those extra âtruck runsâ more than double test costs.1 With its Nova Fiber cloud solution, EXFO’s technology will not only allow Hyperoptic to build its network right the first time, but will also allow service provider teams to detect and resolve common issues at a single point of care. in the network, with just a truck roll.
âWe are delighted to partner with EXFO, a company as obsessed with quality as we are. Building correctly the first time around with high-tech network testing means that we will not only serve customers today, but generations to come, âsaid Jean Rich, Head of Tests and Diagnostics, Hyperoptics. âEXFO’s Nova Fiber technology is the best of both worlds in that it is a plug-and-play solution that is also very flexible and customizable to our exact needs, tailored to our existing applications. engineers. Our customers can be confident that a Hyperoptic A network built and tested by EXFO means they are getting the best.
âHyperoptic needed world-class testing for a world-class broadband network. As with all of our customers, we are committed to working closely with Hyperoptic to tailor our solutions to their unique ecosystem, âsaid Wim te Niet, Vice President of Sales – EMEA, EXFO. âNova Fiber builds on EXFO’s 35 years of fiber optic testing expertise, providing unparalleled visibility into build quality. This view is particularly critical when service providers partner with contractors. And once the network is built, Hyperoptic will be able to remedy any issues. in the network all at once. This type of technology is an asset for customers and service providers alike. “
1 Omdia operators survey: effectiveness of tests and measures (2020)
EXFO (NASDAQ: EXFO) (TSX: EXF) is developing smarter test, monitoring and analysis solutions for fixed and mobile network operators, web-scale enterprises and equipment manufacturers in the world. global communications industry. Our customers rely on us to deliver superior network performance, service reliability and subscriber information. They rely on our unique combination of hardware, software and services to accelerate digital transformations related to fiber, 4G / LTE and 5G deployments. They rely on our expertise in automation, real-time troubleshooting, and big data analytics, which are critical to their business performance. We’ve spent more than 35 years earning this trust, and today, 1,900 EXFO employees in more than 25 countries work alongside our customers in the lab, field, data center and beyond. .
Hyperoptic was founded in 2011 to revolutionize the UK broadband market with its “complete” fiber optic technology. It provides consumers and businesses with gigabit compatible broadband with average speeds of up to 900 Mbps, which is more than 11 times faster than the UK average.
She works with owners, developers and professionals, designing and installing a fiber infrastructure dedicated to new buildings and existing developments. It focuses exclusively on high density urban areas.
The company has been recognized by the Association of Internet Service Providers for ‘Best Very High Speed ââProvider’ for six consecutive years. It has also been listed in the Sunday Times Sage Tech Track 100 for four consecutive years. Over the past year, it has been recognized as the “Fastest Ultrafast Provider (Download)” and “The Fastest Ultrafast Provider (Download)” by the Broadband Genie Awards and won both the ” service âand theâ Innovation Prize âat the first Simple Market Prize.
For more information, please visit: https://hyperoptic.com/ or send an email to [email protected]
Forward-Looking Statements – EXFO
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, and we intend that such forward-looking statements be subject to the safety rules created by that law. Forward-looking statements are statements other than historical information or statements of current status. Words such as may, expect, believe, plan, anticipate, intend, might, estimate, continue, or similar expressions or the negative of such expressions are intended to identify forward-looking statements. In addition, any statement that refers to expectations, projections or other characterizations of future events and circumstances are considered forward-looking statements. They are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those of forward-looking statements due to various factors including, but not limited to, macroeconomic uncertainty, including trade wars and recessions; our ability to successfully integrate the businesses we acquire; capital expenditures and levels of network deployment in the communications industry (including our ability to quickly adapt cost structures to expected activity levels and our ability to manage inventory levels with market demand); future economic, competitive, financial and market conditions; consolidation of global markets for communications testing, monitoring and analysis solutions and increased competition among vendors; ability to adapt our future product offering to future technological developments; limited visibility on the timing and nature of customer orders; delay in revenue recognition due to longer sales cycles for complex systems involving customer acceptance; fluctuating exchange rates; concentration of sales; the timely release and market acceptance of our new and other upcoming products; our ability to successfully develop international operations and conduct international business; and retention of key technical and management personnel. The assumptions relating to the foregoing involve judgments and risks, all of which are difficult or impossible to predict, and many of which are beyond our control. Other risk factors that may affect our performance and future operations are detailed in our annual report, on Form 20-F, and our other documents filed with the United States Securities and Exchange Commission and securities commissions. Canadian. We believe that the expectations reflected in forward-looking statements are reasonable based on the information currently available to us, but we cannot assure you that the expectations will prove to be correct. Therefore, you should not place undue reliance on these forward-looking statements. These statements are only valid as of the date of this document. Unless required by applicable law or regulations, we assume no obligation to revise or update any of them to reflect events or circumstances that occur after the date of this document.
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SOURCE EXFO inc.