CIEN Ciena Corporation

LuxNetwork Selects Ciena to Improve Network Reliability and Scalability

LuxNetwork has selected Ciena’s (NYSE: CIEN) 6500 Packet-Optical Platform with integrated WaveLogic Encryption for its new 100G network. This deployment will help LuxNetwork increase its network capacity to support the growing bandwidth and security demands of the country’s important financial sector, large enterprises and international wholesale customers.

Key Facts:

  • LuxNetwork S.A. provides high-speed, secure fibre optic WAN connectivity to connect businesses to data centers and provide data center interconnect, as well as a suite of managed services for enterprise customers and international telecom operators.
  • Operating a network with 10 times the capacity it had previously, LuxNetwork will offer higher-capacity services, including 10Gbps and 100Gbps Ethernet, 8Gb and 16Gb Fiber Channel as well as encryption for protection of in-flight data. Additionally, enterprise and carrier customers can leverage the benefits of dedicated, secure, high-bandwidth and scalable connectivity without having to own the infrastructure.
  • This network upgrade also helps LuxNetwork consolidate and modernize its infrastructure and deliver operational efficiencies following the acquisition and integration of Telecom Luxembourg.

Executive Comments:

  • “Ciena’s 6500 platform and encryption solutions are essential to our network expansion and service delivery strategy because they allow us to offer new, reliable security solutions to key markets such as the financial sector that rely on encrypted data transport to protect trades and comply with industry regulations.”

    - Valentin Grempka, Optical Network Manager, LuxNetwork S.A.
  • “With Ciena’s converged packet optical and encryption solutions, LuxNetwork can meet the growing and fluid connectivity needs of the local economy and financial sector, while also providing secure international connectivity to enable new competitive advantages for its customers.”

    - Virginie Hollebecque, Vice President, EMEA, Ciena

About LuxNetworks

LuxNetwork S.A., subsidiary in the NomoTech Group, is a private Luxembourgish operator. The company proposes a large range of services including access to datacentres, high-speed connectivity networks operating on a fibre-optic infrastructure, as well as numerous other managed services oriented towards professional customers and international telecom operators.

About Ciena

Ciena (NYSE: CIEN) is a network strategy and technology company. We translate best-in-class technology into value through a high-touch, consultative business model – with a relentless drive to create exceptional experiences measured by outcomes. For updates on Ciena, follow us on Twitter @Ciena, LinkedIn, the Ciena Insights blog, or visit www.ciena.com.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, as a result of risks and uncertainties, including those detailed in our most recent annual or quarterly report filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

EN
27/06/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ciena Corporation

Ciena Corp: 3 directors

Four Directors at Ciena Corp bought/sold 9,759 shares at between 0.000USD and 90.940USD. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ciena Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 December 2024 in which we reassessed the appropriateness of the ratings in the context...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch