Partnership for the nation-wide
expansion of a top-quality broadband network
LONDON, UK, June 17, 2021
/CNW Telbec/ - Hyperoptic, a leading full fibre broadband
provider, today announced it has selected advanced network testing
technology from EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the
communications industry's test, monitoring and analytics experts,
to support its ambitious expansion plan across the United Kingdom.
Hyperoptic is a nationwide internet service provider (ISP) that
installs and maintains its own dedicated fibre optic network. It
services multi-dwelling units through to single houses across over
40 UK towns and cities, and it is expanding its footprint via its
partnerships with over 250 developers and 50 councils.
Deployments of this scale require an approach that is focused on
both a fast and high-quality rollout: a "first-time-right" build is
essential for foundational network infrastructure. This approach
also mitigates a major challenge to bottom lines in the form of
costly return visits to fix connection problems—these additional
"truck rolls" more than doubles the testing costs.1 With
its cloud-based Nova Fiber solution, EXFO's technology will not
only equip Hyperoptic to build their network right the first time,
it will also allow the service provider's teams to detect and fix
common issues at a single point of intervention in the network,
with just one truck roll.
"We are delighted to partner with EXFO, a company as completely
fixated on quality as we are. Building it right the first time with
high-tech network testing means that we will not only serve today's
customers, but generations to come," said John Rich, Head of Test and Diagnostics,
Hyperoptic. "EXFO's Nova Fiber technology is the best of both
worlds in that it is an off-the-shelf solution that is also highly
flexible and customizable to our exacting needs, tailored to our
engineers' existing applications. Our customers can be confident
that a Hyperoptic-built, EXFO-tested network means they are getting
the very best."
"Hyperoptic needed world-class testing for a world-class
broadband network. As with all our customers, we were committed to
working closely with Hyperoptic to adapt our solutions to their
unique ecosystem," said Wim te Niet, Vice President, Sales – EMEA,
EXFO. "Nova Fiber leverages EXFO's 35 years of fibre optic testing
expertise, providing unmatched visibility into the quality of the
build. This view is especially critical when service providers
partner with contractors. And once the network is built, Hyperoptic
will be able to remedy any issues in the network with one quick
sweep. This kind of technology is a win for customers and service
providers alike."
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1 Omdia
operator survey: test and measurement efficiency (2020)
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About EXFO
EXFO (NASDAQ: EXFO) (TSX: EXF)
develops smarter test, monitoring and analytics solutions for fixed
and mobile network operators, webscale companies and equipment
manufacturers in the global communications industry. Our customers
count on us to deliver superior network performance, service
reliability and subscriber insights. They count on our unique blend
of equipment, software and services to accelerate digital
transformations related to fibre, 4G/LTE and 5G deployments. They
count on our expertise with automation, real-time troubleshooting
and big data analytics, which are critical to their business
performance. We've spent over 35 years earning this trust, and
today 1,900 EXFO employees in over 25 countries work side by side
with our customers in the lab, field, data centre and beyond.
About Hyperoptic
Hyperoptic was founded in 2011
to shake up the UK broadband market with its "full" fibre optic
technology. It offers consumers and businesses gigabit-capable
broadband with average speeds of up to 900Mbps, which is over 11x
faster than the UK average.
It works with property owners, developers and professionals,
designing and installing dedicated fibre infrastructure to new
buildings and existing developments. It focuses exclusively on high
density urban areas.
The company has been awarded the 'Best Superfast Broadband'
provider by the Internet Service Providers' Association for six
years running. It has also been listed in the Sunday Times
Sage Tech Track 100 for four years in a row. In the last year it's
been recognised as the 'Fastest Ultrafast Provider (downloading)'
and 'Fastest Ultrafast Provider (uploading)' by the Broadband Genie
awards and won both 'The Service Award' and 'The Innovation Award'
at the inaugural Compare the Market Simples Awards.
For more information, please see: https://hyperoptic.com/ or
email press@hyperoptic.com.
Forward-Looking Statements - EXFO
This news release
contains forward-looking statements within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995, and we intend
that such forward-looking statements be subject to the safe
harbours created thereby. Forward-looking statements are statements
other than historical information or statements of current
condition. Words such as may, expect, believe, plan, anticipate,
intend, could, estimate, continue, or similar expressions or the
negative of such expressions are intended to identify
forward-looking statements. In addition, any statements that refer
to expectations, projections or other characterizations of future
events and circumstances are considered forward-looking statements.
They are not guarantees of future performance and involve risks and
uncertainties. Actual results may differ materially from those in
forward-looking statements due to various factors including, but
not limited to, macroeconomic uncertainty, including trade wars and
recessions; our ability to successfully integrate businesses that
we acquire; capital spending and network deployment levels in the
communications industry (including our ability to quickly adapt
cost structures to anticipated levels of business and our ability
to manage inventory levels with market demand); future economic,
competitive, financial and market conditions; consolidation in the
global communications test, monitoring and analytics solutions
markets and increased competition among vendors; capacity to adapt
our future product offering to future technological changes;
limited visibility with regard to the timing and nature of customer
orders; delay in revenue recognition due to longer sales cycles for
complex systems involving customers' acceptance; fluctuating
exchange rates; concentration of sales; timely release and market
acceptance of our new products and other upcoming products; our
ability to successfully expand international operations and to
conduct business internationally; and the retention of key
technical and management personnel. Assumptions relating to the
foregoing involve judgments and risks, all of which are difficult
or impossible to predict and many of which are beyond our control.
Other risk factors that may affect our future performance and
operations are detailed in our Annual Report, on Form 20-F, and our
other filings with the U.S. Securities and Exchange Commission and
the Canadian securities commissions. We believe that the
expectations reflected in the forward-looking statements are
reasonable based on information currently available to us, but we
cannot assure you that the expectations will prove to have been
correct. Accordingly, you should not place undue reliance on these
forward-looking statements. These statements speak only as of the
date of this document. Unless required by law or applicable
regulations, we undertake no obligation to revise or update any of
them to reflect events or circumstances that occur after the date
of this document.
EXFO-C
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SOURCE EXFO Inc.