Infinera Corporation (INFN) News
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INFN News Highlights
- For INFN, its 30 day story count is now at 3.
- Over the past 18 days, the trend for INFN's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about INFN are CTO, LEAF and LITE.
Latest INFN News From Around the Web
Below are the latest news stories about Infinera Corp that investors may wish to consider to help them evaluate INFN as an investment opportunity.
Lumentum Holdings (NASDAQ: LITE) and Infinera (NASDAQ: INFN) represent two different ways to invest in optical technologies. Lumentum produces optical chips for service providers and data center customers, 3D-sensing chips for multiple industries, and commercial lasers for manufacturing and inspection purposes. Infinera's optical chips enable carriers to boost the bandwidth of their existing networks without laying down additional fiber.
Virgin Media Business Launches High-capacity Backbone Network in Dublin Powered by Infinera’s XTM Series
SAN JOSE, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Virgin Media Business and Infinera today announced the deployment of Infinera’s XTM Series on Virgin Media’s Virgin Infinity Ring, a high-capacity optical network connecting major data centers throughout Dublin, Ireland. The XTM Series provides Virgin Media Business with faster deployment speeds and higher metro aggregation capacity, delivering highly secure and extremely fast services to Virgin Media Business’ customers in the financial, healthcare, and government sectors. By deploying Infinera’s XTM Series on Virgin Media Business’ Dublin metro network, data center operators are now able to connect sites with 10 gigabits per second (10G) and 100G protected services on a dedicated network ring, bolstering capacity for end users. The ...
Infinera and American Tower Complete Live Network Demonstration of First Point-to-Multipoint Coherent Optical Transmission in Latin America
SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and American Tower announced today the successful completion of the first point-to-multipoint coherent optical transmission in a carrier network environment in Latin America. This field trial was conducted with Infinera’s XR optics technology over American Tower’s Passive Optical Network (PON) network in Colombia. The trial demonstrated XR optics’ compatibility with existing Gigabit PON (GPON) traffic over a single-fiber PON deployment in a metro regional area. The proof of concept shows American Tower’s ability to take advantage of the transformative value that XR optics can provide in the company’s existing network infrastructure. With over 400Gb of available capacity per leaf, XR optics is designed to enable...
New full fiber technology could support a scaled rollout of multi-gigabit speeds to Virgin Media’s customers in the futureSAN JOSE, Calif., March 03, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Virgin Media has trialed innovative network technology which provides new ways to roll out multi-gigabit speeds to consumers and businesses. The trial, delivered on the operator’s network in Reading, UK, saw Virgin Media install prototype Infinera XR optics technology in its network. The new equipment plugs into the existing network and can send and receive data at much higher speeds than was previously possible – reaching transfer rates of up to 400Gbps in a single fiber. In 2019, Virgin Media trialed 10Gbps symmetric full fiber home broadband technology in Papworth, Ca...
Infinera (NASDAQ: INFN) stock recently dipped after the provider of optical solutions posted mixed fourth-quarter numbers. For the current quarter, Infinera expects its adjusted revenue to stay roughly flat year-over-year. It didn't provide any bottom-line guidance, but it expects its adjusted gross and operating margins to continue expanding year-over-year.
SUNNYVALE, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Allo Technology Sdn Bhd (Allo), a wholly owned subsidiary of Tenaga Nasional Berhad (TNB), announced today the deployment of Infinera’s industry-leading GX Series Compact Modular Platform over Allo’s nationwide open optical network infrastructure. Allo’s modernized open optical network enables the advancement of technology and connectivity services in Malaysia by providing the infrastructure needed, including tower fiberisation, data center connectivity, and cross-border connectivity to neighboring countries through Allo Carrier Network System (ACNS). Allo supports Malaysia's digital transformation with its expanded offerings, which include connectivity services for residential and business enterprises. The...
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Tech companies boasting overheated valuations have been a point of discussion throughout the year. While some are valued at multiples far higher than the revenues being generated, the argument goes that the promise of future growth justifies the valuation. But when is a high valuation no longer merited? Looking at Infinera’s (INFN) current value proposition, B Riley analyst Dave Kang argues the bull case no longer holds. Citing “valuation and various concerns,” the analyst downgraded the optical solutions provider’s rating from Buy to Neutral. At the same time, Kang gave the price target a little bump upwards from $10.5 to $11.5.
SUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that Tom Fallon, Chief Executive Officer, David…