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The latest announcement is out from Smartoptics Group AS ( (DE:3YL) ).
Smartoptics has announced that NextLight, a municipal fiber provider in Longmont, Colorado, has upgraded its fiber network using Smartoptics solutions integrated with Calix systems. This enhancement allows NextLight to scale its network efficiently to 100G and 400G connectivity, improving service delivery across Longmont, Denver, and Fort Collins. The integration offers a cost-effective, open solution without licensing fees, underscoring Smartoptics’ commitment to flexible and efficient network management. The collaboration highlights Smartoptics’ role in advancing municipal broadband capabilities through tested end-to-end solutions, potentially boosting their market presence and stakeholder value.
More about Smartoptics Group AS
Smartoptics is a Scandinavian company founded in 2006, specializing in innovative optical networking solutions and devices. Their customer base includes enterprises, governments, cloud providers, Internet exchanges, and telecom operators. With a focus on open networking to prevent vendor lock-in and reduce costs, Smartoptics partners with leaders like Brocade, Cisco, and Dell, offering solutions for metro and regional network applications.
YTD Price Performance: 6.90%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €160.4M
For a thorough assessment of 3YL stock, go to TipRanks’ Stock Analysis page.
