Infinera and Orange International Network Establish Long-term Partnership to Optimize Network Infrastructure Across Europe, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Infinera (NASDAQ:INFN) has entered into a long-term partnership with Orange to enhance network infrastructure across Europe using Infinera's GX Series. This collaboration aims to meet growing bandwidth demands and improve service delivery for Orange's wholesale customers.
March 18, 2024 | 12:07 pm
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Infinera's partnership with Orange to optimize network infrastructure across Europe could lead to increased demand for Infinera's GX Series, potentially boosting its financial performance.
The partnership with a major telecom operator like Orange signifies a strong vote of confidence in Infinera's technology and could lead to increased sales and visibility in the telecom industry. This is likely to have a positive impact on Infinera's stock in the short term as the market reacts to the potential for increased revenue and market share.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100