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4-Traders Homepage  >  Equities  >  Nasdaq  >  Infinera Corp.    INFN

INFINERA CORP. (INFN)
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Infinera Corp. : Interoute Launches 100G Pan-European Network with Infinera DTN-X

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04/16/2013 | 04:14pm CEST

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Sunnyvale, CA and London - April 16, 2013- Infinera (NASDAQ: INFN), a leading provider of Digital Optical Networks, and Interoute, owner/operator of Europe's largest cloud services platform, announced today the deployment of the Infinera DTN-Xplatform, featuring 500 Gigabit per second (Gb/s) long haul super-channels, across Interoute's Pan-European network.

Interoute's Pan-European network connects 102 cities in 30 countries and includes 21 dense city networks (MANs) in Europe's major business centers and nine subsea landing stations. Interoute's fibre optic network serves every major European national telecoms provider, as well as major operators in North America, Africa, east and south Asia and the Middle East, including major mobile operators, ISPs, governments, universities and research agencies.

Interoute selected the Infinera DTN-X for the scale, efficiency and simplicity the solutions brings to their network.

"The DTN-X helps us win in the marketplace," said Jonathan Wright, Vice President, Service Provider at Interoute. "Speed to deliver services is key in our industry. Infinera's solutions have enabled us to deliver anywhere from 10Gb/s to 500Gb/s capacity quickly and allows us to efficiently provision services, as the market dictates."

"The DTN-X continues to gain traction across the globe because customers are realizing the benefits of investing in an optical transport solution that converges OTN switching and WDM transport in the same chassis," said Chris Champion, Vice President, EMEA Sales. "The Infinera DTN-X platform enables operators like Interoute to win new business by delivering services faster than their competitors with a solution that eliminates the cost and complexity of interconnections between discrete WDM and OTN systems."

Infinera is the first to deliver 500Gb/s long-haul super-channels based on Photonic Integrated Circuits (PICs) and the FlexCoherent™ Processor, scaling transport capacity without scaling operational complexity. The Infinera DTN-Xincreases network efficiency with five Terabits of non-blocking OTN switching per bay, scalable to 240 Tb/s in a multi-bay configuration and resulting in much more efficient utilization of the 100Gb/s waves when compared to conventional WDM architectures. Infinera's Bandwidth Virtualization™ simplifies service deployment, enabling Interoute to deploy networks in days and services in minutes thereby lowering operational costs.

Interoute has deployed the Infinera DTN and ATN platforms throughout their network. With the Infinera DTN-X, this offers Interoute an end-to-end service delivery capability under one management system.

Contacts:

About Infinera
Infinera specializes in Digital Optical Networking systems that are designed to continually improve the economics of optical networking by combining the speed of optics with the simplicity of digital. Infinera is unique in its use of breakthrough semiconductor technology: Large Scale Photonic Integrated Circuit (PIC). Infinera's systems leverage PIC technology to provide customers with a service-ready architecture that enables faster time-to-revenue and greater profitability through network efficiency and the ability to rapidly deliver differentiated services without reengineering their optical infrastructure. For more information, please visit
http://www.infinera.com/.

About Interoute

Interoute Communications Ltdis the owner operator of Europe's largest cloud services platform, which encompasses over 60,000 km of lit fibre, 10 hosting data centres and 31 collocation centres, with connections to 140 additional third-party data centres across Europe. Its full-service  Unified ICTplatform serves international enterprises, as well as every major European telecommunications incumbent and the major operators of North America, East and South Asia, governments and universities. These organisations find Interoute the ideal  partnerfor computing, connectivity and communications and developing new services. Its Unified ICT strategy has proved attractive to enterprises looking for a scalable, secure and unconstrained platform on which they can build theirvoice video computingand  dataservices, as well as service providers in need of high capacity international datatransitand  infrastructure. With established operations throughout mainland Europe, North America and Dubai, Interoute also owns and operates dense city networks throughout Europe's major business centres.www.interoute.com

This press release contains forward-looking statements including, among other things, statements relating to Infinera product capabilities, advantages, and the current and planned future functionality including: that the Infinera DTN-X platform enables operators to win new business by delivering services faster than their competitors with a solution that eliminates the cost and complexity of interconnections between discrete WDM and OTN systems; that Infinera is the first to deliver 500Gb/s long-haul super-channels based on PICs and the FlexCoherent™ Processor, scaling transport capacity without scaling operational complexity; and that the DTN-Xincreases network efficiency with 5 Terabits of non-blocking OTN switching per bay, scalable to 240 Tb/s and resulting in much more efficient utilization of the 100Gb/s waves when compared to conventional WDM architectures. Infinera's Bandwidth Virtualization™ simplifies service deployment, enabling customers to deploy networks in days and services in minutes thereby lowering operational costs.These forward looking statements are based on our current expectations.  Actual results may vary materially from these expectations as a result of various risks and uncertainties, including, but not limited to, aggressive business tactics by our competitors, our dependence on a single product, our reliance on single-source suppliers, and our ability to respond to rapid technological changes. Further information about these risks and uncertainties, and other risks and uncertainties that affect our business, is contained in the risk factors section and other sections of our annual report on Form 10-K filed with the Securities and Exchange Commission on March 5, 2013, as well subsequent reports filed with or furnished to the SEC.  These reports are available on our website at www.infinera.comand the SEC's website at www.sec.gov. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

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Financials ($)
Sales 2018 835 M
EBIT 2018 -10,3 M
Net income 2018 -55,3 M
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Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
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Capitalization 1 504 M
Chart INFINERA CORP.
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Infinera Corp. Technical Analysis Chart | INFN | US45667G1031 | 4-Traders
Technical analysis trends INFINERA CORP.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 11,8 $
Spread / Average Target 21%
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NameTitle
Thomas J. Fallon Chief Executive Officer & Director
David F. Welch President, Director & Chief Technology Officer
Kambiz Y. Hooshmand Chairman
Brad D. Feller Chief Financial Officer
Srikanth Hosakote Senior Vice President & Head-Engineering
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