News & Events

September 2010

Zhone Technologies, Yadkin Valley Telephone Membership Corporation to Expedite FTTH Project as a Result of $21.6 Million Broadband Stimulus Award

[Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global pioneer in FTTx network access solutions, today announced another North America Broadband Stimulus win with [Yadkin Valley Telephone Membership Corporation](http://online.yadtel.net), reinforcing the company's commitment to the delivery of critical broadband service to the nation's rural communities. [...]

Zhone Technologies Announces Completion of Sale and Leaseback of its Oakland Campus

[Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global pioneer in FTTx network access solutions, announced today the completion of the previously announced sale of its Oakland campus, consisting of land and three buildings, to LBA Realty, LLC for approximately $18.8 million in cash. Nearly all of the proceeds were used to pay off the existing debt on the campus. The Company has agreed to rent one of the buildings from LBA Realty for a five-year term. As a result of the transac... [...]

Zhone Builds on Fiber Momentum, Solidifies Position as a Leading Global GPON Vendor among Industry Experts

Zhone Technologies, Inc. (NASDAQ: ZHNE), a global pioneer in FTTx network access solutions, continued to recognize worldwide market gains for its Gigabit Passive Optical Network (GPON) solutions in the second quarter of 2010 as North American operators broke ground on stimulus-funded broadband projects and service providers in regions such as the Nordics and the Caribbean and Latin America (CALA) made significant new investments in fiber upgrades to support the increased bandwidth demands of adv... [...]

Zhone Technologies Announces Sale and Leaseback of its Oakland Campus Increasing Net Cash and Reducing Occupancy Costs

Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in network access solutions for fiber, copper and wireless broadband infrastructures, announced today that it entered into an agreement to sell its Oakland Ca., campus, consisting of land and three buildings, to LBA Realty, LLC for approximately $18.8 million in cash. A portion of the proceeds will be used to pay off the existing debt on the campus. The sale is subject to customary closing conditions and is currently expected to close by S... [...]

Zhone Technologies to Showcase Industry-Leading MXK™ Solution, Other GPON and Active Ethernet Access Platforms at 2010 FTTH Conference and Expo

[Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global pioneer in FTTx network access solutions, announced today that it will demonstrate its flagship [MXK™](http://zhone.com/products/MXK/) multi-service access node and [Network Interface Device](http://www.zhone.com/products/ZNID-GPON/) (zNID) solution at the [2010 FTTH Conference and Expo](http://www.ftthconference.com/FTTH10/public/enter.aspx) in Las Vegas, September 13-15, 2010, reinforcing without question that 2010 i... [...]