Results for: Broadband

Australia’s nbn has partnered with Nokia to deploy Nokia’s Lightspan MF fiber platform, delivering significant broadband speed upgrades over its existing fiber network. Utilizing Passive Optical Network (PON) technology, Nokia’s solution supports speeds ranging from 10G to 100G. This advancement offers operators flexibility and cost-effectiveness in meeting diverse use cases. The Lightspan platform enables seamless upgrades to higher speeds without requiring infrastructure replacements. While the widespread availability timeline is yet to be announced, the technology holds promising prospects for enhancing digital experiences across various sectors.

Calix’s recent earnings report and guidance have raised concerns among investors. Despite a strong balance sheet with no debt and 14% of its market cap in cash, the company faces challenges including uncertainty in customer funding, reduced lead times, and shifting investment priorities. Its revenue growth rates are expected to decline significantly, with best-case scenarios indicating negative 20% y/y growth in Q2 2024. Valued at approximately 40x forward EPS, Calix is considered overpriced given its revenue growth outlook. Additionally, management’s previous share repurchase strategy, which involved buying shares at higher prices, has left shareholders frustrated. Overall, Calix is deemed a sell due to its expensive valuation and weak revenue growth prospects.

Calix, Inc. (CALX) reported Q1/2024 results in line with guidance, but below analyst expectations. Revenue and profitability declined, despite solid free cash flow. The appliance business faced challenges due to customer indecision on government funding, shorter lead times, and spending plan adjustments. The company’s guidance for Q2 also fell short of consensus estimates. Analysts are expected to reduce estimates, and the stock’s valuation is seen as rich. Stimulus funding delays and ongoing headwinds pose risks to future expectations.

Customer service in the UK telecoms sector is at its worst, with one-fifth of customers reporting dissatisfaction. Rochdale-based Zen Internet emerged as the top provider with a high customer satisfaction score of 84/100, while Virgin Media ranked lowest at 38/100, particularly criticized for poor technical support and slow responses. Michael Barraclough’s experience with Virgin Media highlights the frustration of unresolved broadband issues and inadequate customer care, leading to weeks of delays and multiple phone calls. Despite paying for services, customers are entitled to compensation for outages and missed appointments. ADR schemes, such as Ombudsman Services and CISAS, offer free assistance for customers with unresolved complaints.