Australia's NBN Selects Infinera's GX Series Platform And ICE-X Intelligent Coherent Pluggables To Upgrade National Broadband Network
Portfolio Pulse from Benzinga Newsdesk
Infinera (NASDAQ:INFN) has been selected by NBN Co, Australia's national broadband provider, to upgrade its nationwide optical network with the GX Series platform and ICE-X intelligent coherent pluggables. This upgrade aims to expand network capacity and enhance high-speed service delivery, supporting broadband access across Australia. The deployment across nbn's 60,000-kilometer network will improve traffic aggregation efficiencies, network capacity, and offer cost and power savings.

March 14, 2024 | 12:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Infinera has been chosen by NBN Co to upgrade Australia's national broadband network, which is expected to significantly expand the network's capacity and efficiency.
Infinera's selection by NBN Co for this significant upgrade project not only solidifies its position in the telecommunications equipment market but also promises future revenue growth from this partnership. The upgrade's focus on expanding network capacity and efficiency is critical for meeting increasing broadband demands, which could lead to a positive market perception and potentially uplift Infinera's stock in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90