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CIENA CORPORATION

(CIEN)
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Ciena : New 400GE service from Deutsche Telekom Global Carrier - Ciena

10/21/2021 | 12:06pm EST

Bonn, Germany -- Deutsche Telekom Global Carrier has advanced its Lambda Connect offering and announces the launch of 400GE service for its customers by utilizing the latest WaveLogic 5 optical innovations from Ciena enabling a leap from 100GE to 400GE services anywhere on our deployed network infrastructure. This service is designed to meet the demands for high capacity, speed and scale necessitated by networks to handle exponentially increasing volumes of data and content.

Compared to current 100GE Lambda offerings, this service delivers a fourfold increase in transfer speed with the robust performance required from network infrastructures. It provides the equivalent of 4 x 100GE via one single 400GE client interface. Accordingly, less circuits are needed, which optimizes tracking and monitoring efforts and reduces the number of hand offs and points of failure.

"Our new 400GE Lambda service is just what our customers have been asking for. In light of growing data-intensive technologies such as Cloud, 5G, machine learning, AI and the like, we have developed a future-proof, scalable solution to serve ever-expanding capacity demands," said Rolf Nafziger, SVP Deutsche Telekom Global Business and Global Carrier. "Higher cost efficiency and mutual sustainability goals are also achievable with this new service enabled by reductions in not only equipment, power and space, but also 75% reductions in cross-connect fees when necessary."

"We have a long-standing history with Deutsche Telekom Global Carrier, and this latest network build is a significant step in bringing critical 400GE connectivity to the pan-European region," said Jamie Jeffries, Vice President and General Manager, International, Ciena. "Our collaboration extends from optical innovations to business outcomes, bringing to life new applications and digital experiences for Deutsche Telekom Global Carrier's customers."

About Deutsche Telekom Global Carrier

Deutsche Telekom Global Carrier is the international wholesale division of Deutsche Telekom, one of the world's leading integrated telecommunications companies with award-winning network quality. We offer a comprehensive portfolio for all the needs of a rapidly transforming telco industry. One that is continually updated to provide fast, innovative solutions for future technologies and challenges. As one of the world's leading carriers, we are able to satisfy the requirements of Deutsche Telekom Group's international affiliates and more than 900 external customers worldwide. With more than 25 years of experience in the international wholesale communication market, Deutsche Telekom Global Carrier offers next-generation platforms, extensive networks, a global backbone, 360 degrees of security, tailor-made solutions, worldwide connectivity, and much more.

https://globalcarrier.telekom.com

About Deutsche Telekom: https://www.telekom.com/companyprofile

About Ciena

Ciena (NYSE: CIEN) is a networking systems, services and software company. We provide solutions that help our customers create the Adaptive NetworkTM in response to the constantly changing demands of their end-users. By delivering best-in-class networking technology through high-touch consultative relationships, we build the world's most agile networks with automation, openness and scale. For updates on Ciena, follow us on Twitter @Ciena, LinkedIn, the Ciena Insights blog, or visit www.ciena.com.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
CIENA CORPORATION -0.43% 59.97 Delayed Quote.13.47%
DEUTSCHE TELEKOM AG -1.65% 15.718 Delayed Quote.6.87%
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Financials (USD)
Sales 2021 3 604 M - -
Net income 2021 510 M - -
Net cash 2021 754 M - -
P/E ratio 2021 18,7x
Yield 2021 -
Capitalization 9 291 M 9 291 M -
EV / Sales 2021 2,37x
EV / Sales 2022 2,11x
Nbr of Employees 7 032
Free-Float 99,2%
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Gary B. Smith President, Chief Executive Officer & Director
James E. Moylan Chief Financial Officer & Senior Vice President
Patrick H. Nettles Executive Chairman
Stephen B. Alexander Chief Technology Officer & Senior Vice President
Lawton Wehle Fitt Independent Director
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