DASAN Zhone Solutions recently announced a $66 million contract to supply LG U+ with Fiber-to-the-Home solutions and switches, including co-development of ultra-low latency 100 Gbps mobile backhaul switches for 5G mobile services.
The deal makes DZS as a strategic supplier to LG U+ and provides the opportunity to continue to develop new business with them in the future.
As a global provider of leading-edge access, 5G transport, and enterprise communications platforms, DZS is enabling the emerging hyper-connected, hyper-broadband world that arms service providers worldwide with the network resources and deployment freedom.
This contract with LG U+ highlights trends that DZS is seeing across its business as carriers expand their relationships with the company in areas ranging from traditional broadband access to switching, 5G, and enterprise. As new applications like 5G, AR/VR, autonomous driving, and ultra HD video begin to drive up network capacity and performance requirements and create opportunities for new services, DZS is finding new ways to engage and add value to its customers.
Yung Kim, CEO, DZS
We at DZS thrive on matching the promise of cutting-edge technology and innovation with service providers seeking to redefine how the world communicates, transacts, and entertains itself, and we look forward to helping leaders like LG U+ push the boundaries of what is possible.
