Advanced Fibre Communications (NASDAQ:AFCI)
Historical Stock Chart
From Jun 2019 to Jun 2024
AFC Takes Leadership Position in North American DLC Market
PETALUMA, Calif., May 17 /PRNewswire-FirstCall/ -- According to recent data
published by industry analyst firm RHK, AFC(R) , The Acronym for Access(SM),
has increased its digital loop carrier (DLC) market share in North America to
nearly 45 percent-approximately six points higher than its nearest competitor.
In RHK's "Annual Global DLC Market" report, published this spring, RHK Program
Director Teresa Mastrangelo wrote: "In January 2004, AFC announced its
acquisition of Marconi's North American Access business and closed the deal in
late February. Based on this, AFC should significantly increase its market
share position and likely become the leading vendor of access solutions in
North America."
By combining the DLC market share numbers of both AFC (26.2%) and Marconi's
former North American Access business (18.5%) at the close of 2003, AFC entered
2004 with a market share of 44.7 percent, according to the report.
"We're seeing aggressive deployment of DSL from remote DLC terminals by the
nation's largest carriers," said Mastrangelo. "This is a growing trend that
will benefit AFC, which has been selling its DLC applications into regional
Bell accounts for some time now. Plus, its selection by Verizon for FTTP
(fiber-to-the-premises) provides additional validation that AFC has paid its
dues with regards to winning coveted RBOC business."
"In this era of broadband," according to John Schofield, chairman, president
and CEO of AFC, "one of the biggest hurdles carriers face is reaching those
subscribers beyond the reach of their central office serving areas. AFC's
portfolio of market-proven broadband access solutions solves this immediate
problem, positioning carriers to quickly and cost-effectively deliver a richer
suite of copper and fiber-based broadband services to every subscriber,
regardless of their location."
By specializing exclusively within the access network, AFC has become The
Acronym for Access, delivering traditional services such as POTS (plain old
telephone services) as well as new high-value services like DSL and IPTV
(Internet protocol television). New innovative solutions from AFC also include
FiberDirect(SM), a comprehensive FTTP portfolio enabling carriers to deploy
FTTC (fiber-to-the-curb), FTTH (fiber-to-the-home) and FTTB
(fiber-to-the-business).
The following data points evidence AFC's commitment to both carriers and
consumers. AFC has:
-- An installed capacity of nearly 50 million lines via AccessMAX(TM) and
DISC*S(R)
-- 30 million access lines of video and FTTP deployed capacity via
AccessMAX
-- 1 million FTTC deep-fiber lines deployed via DISC*S
"The access network's primary role is to deliver today's services at the lowest
total cost, while readying to evolve to new service models with minimal cost of
change," added Schofield. "Success in today's competitive environment requires
access solutions with unparalleled performance, efficiency and versatility.
AFC's commitment to the access network is demonstrated in how our customers
have successfully evolved their business and service models based on our
industry-leading solutions."
About AFC
Headquartered in Petaluma, Calif., AFC is a leading provider of broadband
access solutions for the global telecommunications industry. With a customer
base of more than 800 service providers worldwide, AFC continues to build and
support the world's evolving broadband access network architecture. Advanced
Fibre Communications, Inc., AFC, the AFC logo and DISC*S are registered
trademarks of Advanced Fibre Communications, Inc. AccessMAX is a trademark and
The Acronym for Access and FiberDirect are service marks of Advanced Fibre
Communications, Inc. Copyright 2004. All rights reserved. Any other trademarks
are the property of their respective owners. For more information, please visit
AFC online at http://www.afc.com/ or call 1-800-690-AFCI.
Except for historical information contained in this press release, the
foregoing contains forward-looking statements that involve risks and
uncertainties. Rapidly changing technologies and market conditions may require
changes to our products. Actual results may differ materially from those
indicated by such forward-looking statements based on a variety of risks and
uncertainties, including the risks and uncertainties relating to the level and
timing of customer demand for broadband services such as DSL, and AFC's ability
to increase or maintain its market share. Information about potential factors
that could affect AFC's financial results is included in AFC's Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q, which have been filed with the
Securities and Exchange Commission. We undertake no obligation to revise or
update these forward-looking statements to reflect events or circumstances
after today or to reflect the occurrence of unanticipated events.
DATASOURCE: Advanced Fibre Communications
CONTACT: Chris Heinemann of AFC, +1-707-792-4019, or
Web site: http://www.afc.com/