Dell’Oro Group Recognizes Vecima Networks as 2021 Market Share Leader in Two Growing DAA Segments
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Vecima maintains position as revenue share leader in the Remote MACPHY and Remote OLT product categories
VICTORIA, B.C. – (April 19, 2022) – Vecima Networks Inc. (TSX: VCM) announced that Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, has again recognized Vecima as the market share leader in two of their cable access segments – Remote MACPHY and Remote Optical Line Terminals (OLT).
According to Dell’Oro’s Broadband Access report for 2021:
- Vecima maintains position as the global revenue share leader in Remote MACPHY devices for the year
- Vecima continued as the global revenue share leader in Remote OLT Devices, which network operators are relying on to add FTTH services
“Vecima Networks continues to hold strong market share leads in two product categories that are becoming critical for cable operators as they push fiber deeper into their networks,” said Jeff Heynen, Vice President, Dell’Oro Group.” We expect to see both product categories grow significantly over the next three to four years.”
“Vecima continues in our mission to help operators evolve their networks by delivering innovative and broad-based cable and fiber solutions,” said Clay McCreery, Chief Operating Officer at Vecima. “We are proud of our continued performance and pleased to be recognized by Dell’Oro as the 2021 market share leader in the Remote MACPHY and Remote OLT DAA segments.”
The Broadband Access and Home Networking Quarterly Report is available on the Dell’Oro Group website.
About Vecima Networks
Vecima Networks Inc. (TSX: VCM) is leading the global evolution to the multi-gigabit, content-rich networks of the future. Our talented people deliver future-ready software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. We help our customers evolve their networks with cloud-based solutions that deliver ground-breaking speed, superior video quality, and exciting new services to their subscribers. Learn more at vecima.com.
- Investor Relations: 250-881-1982, invest@vecima.com
- Media Relations: bernadette.dunn@vecima.com, david.slovensky@vecima.com
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Vecima Networks Inc.
771 Vanalman Avenue, Victoria, BC V8Z-3B8. Canada
Phone: (250) 881-1982 Fax: (250) 881-1974
Email: invest@vecima.com