Articles from Vecima Networks Inc.

Vecima Networks Inc. (TSX: VCM) announced today that Dell’Oro Group has recognized the company as the 2024 global market share leader in Remote Optical Line Terminals (R-OLT) and Remote MACPHY (R-MACPHY) Distributed Access Architecture (DAA) segments. Vecima held the leadership position in both categories in 2021, 2022, and 2023.

Vecima Networks Inc. (TSX: VCM) will showcase content solutions that deliver significantly improved quality with AI, efficiency, and performance at the 2025 NAB Show in Las Vegas.

Vecima Networks Inc. (TSX: VCM) announced today its “Turbocharged” DOCSIS 3.1 support for Entra® Remote MACPHY nodes with System Release 24.2.0.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and six months ended December 31, 2024.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on March 24, 2025, to shareholders of record as at February 28, 2025. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (“Vecima” or the “Company”) (TSX: VCM) announced today that its second quarter financial results will reflect impacts related to adjustments in the timing of some of its largest customers’ cable and fiber upgrades, as well as certain transitory events including, but not limited to, foreign exchange volatility, costs associated with workforce reductions announced in December, and a temporary shift in product mix that has resulted in a lower gross margin. The Company expects to report second quarter revenue of $71.2 million, a gross margin of 36.4%, Adjusted EBITDA of $1.1 million, and a loss per share of $0.32. Full financial results for the second quarter are expected to be released on February 13, 2025.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, February 13, 2025, at 1:00 p.m. (ET) to discuss its financial and operational results for the three and six months ended December 31, 2024.

Vecima Networks Inc. (“Vecima”) (TSX: VCM) today announced the voting results of Vecima’s annual general meeting of shareholders (the “AGM”), held virtually on December 16, 2024, at 10:00am, Victoria time.

Vecima Networks Inc. (TSX: VCM) today announced that LIWEST, Austria’s leading cable provider, will deploy its Entra® EXS1610 All-PON™ 10G shelf solution with DOCSIS® Provisioning of EPON (DPoE™) after completing a successful lab trial in partnership with Witke, Vecima’s partner in the region.

Vecima Networks Inc. (“Vecima”) (TSX: VCM) reported today that due to the recent and ongoing strike by the Canadian Union of Postal Workers which commenced on November 15, 2024, the delivery of the annual or interim financial statements and annual or interim management’s discussion and analysis, as applicable, (the “Materials”) may be delayed. Given the disruption in postal service, the British Columbia Securities Commission has provided exemptive relief to reporting issuers such as Vecima who rely on regular postal service to meet their delivery obligations in respect of the Materials. Shareholders who request the Materials will be sent the Materials, within 10 days of the resumption of postal services.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months ended September 30, 2024.

Vecima Networks Inc. (TSX: VCM) and Digital Harmonic, LLC, announced today that Vecima has been named the exclusive global provider and reseller of Digital Harmonic’s dh/KeyFrame™ Media Optimization Solution.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on December 16, 2024, to shareholders of record as at November 22, 2024. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM) today announced its successful completion of initial linear parity ad insertion for Hotwire Communications, a premier provider of fiber-optic telecommunications services in the U.S.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, November 14, 2024, at 1:00 p.m. (ET) to discuss its financial and operational results for the three months ended September 30, 2024.

Vecima Networks Inc. (TSX: VCM) commends TDS Telecommunications LLC (TDS®) on its accelerated restoration activities following the recent wildfires in Ruidoso, New Mexico, thanks in part to the company’s effective use of the Entra® Remote MACPHY bundled solution. The wildfires destroyed TDS’ headend, cutting off connectivity to not only customers, but also to the main communication lines for anchor tenants in the community.

Vecima Networks Inc. (TSX: VCM) today announced that its Terrace IQ™ commercial video gateway now supports Dynamic Adaptive Streaming over HTTP (DASH) input with Google’s® Widevine® digital rights management (DRM) system.

Vecima Networks Inc. (TSX: VCM) will showcase broadband access and IPTV industry leadership at the SCTE TechExpo 2024, highlighting its Entra® Access portfolio, which enables operators to deploy both Distributed Access Architecture (DAA) and Passive Optical Networking (PON) in any market or hub. The company’s MediaScale Open CDN™ and Dynamic Ad Insertion solutions enable operators to manage and monetize video delivery while providing high-quality live TV and streaming experiences.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months and year ended June 30, 2024.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on November 4, 2024, to shareholders of record as at October 11, 2024. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM) today announced the retirement of CFO Dale Booth following a distinguished 42-year professional career, including 13 years with Vecima.

Vecima Networks Inc. (TSX: VCM) today announced the successful deployment of its MediaScale™ Content Distribution solution with NOS, the largest communications and entertainment group in Portugal. In 2016, Vecima and NOS embarked on a multi-year project to transform the video entertainment experience for viewers in Portugal.

Vecima Networks Inc. (TSX: VCM) today announced its return to the IBC in Amsterdam, highlighting multiple video industry innovations, including its MediaScale Open CDN™ solution for content providers.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, September 19, 2024, at 1:00 p.m. (ET) to discuss its financial and operational results for the three months and year ended June 30, 2024.

Today, Vecima Networks Inc. (TSX: VCM) and MARA Technologies USA, Inc., a subsidiary of Invotek Group Inc. (Invotek), announced that some of Vecima’s first Entra® SF-4X Fiber-to-the-Premises (FTTP) Optical Line Terminals (OLTs) have rolled off the production line in MARA’s Holly, Michigan facility.

Vecima Networks Inc. (TSX: VCM) announced today that its partner, RocNet Supply, will showcase a live demonstration of Vecima’s Entra® EXS1610 All-PON Shelf 10G EPON Bundle at Fiber Connect 2024, in Booth #686. Announced earlier this year, the turnkey bundle provides cable operators with all the necessary components to effortlessly transition to 10G networks, streamlining deployment while ensuring compatibility and optimal performance.

Vecima Networks Inc. (TSX:VCM) (“Vecima” or the “Company”) is pleased to announce the successful closing of the previously announced financing of 1,309,390 subscription receipts of the company (the “Subscription Receipts”) at a price of C$21.00 per Subscription Receipt (the “Issue Price”) for gross proceeds of C$27,497,190, of which 833,200 Subscription Receipts were issued pursuant to a brokered private placement for gross proceeds of C$17,497,200 (the “Brokered Private Placement”) and 476,190 Subscription Receipts were issued pursuant to a non-brokered private placement for gross proceeds of C$9,999,990 (the “Non-Brokered Private Placement”). Vecima anticipates closing an additional 215,300 Subscription Receipts (the “Additional Commitments” and together with the Brokered Private Placement and Non-Brokered Private Placement, the “Financing”) for gross proceeds of C$4,521,300 on May 31, 2024. The Additional Commitments would bring the total Financing to C$32,018,490. The Additional Commitments are scheduled to close on May 31, 2024. Raymond James Ltd. (“Raymond James” or the “Underwriter”) is acting as sole bookrunner and sole underwriter on the Brokered Private Placement and the Additional Commitments.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months ended March 31, 2024.

Vecima Networks Inc. (TSX: VCM) today announced it has signed a strategic agreement with Net-Com, a leading provider of telecommunications solutions, to serve as a reseller of Vecima’s Entra® SC-1D Remote MACPHY (R-MACPHY) node in Denmark.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on June 17, 2024, to shareholders of record as at May 24, 2024. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM), today announced its successful collaboration with Youcast in bringing the power of its MediaScale Open CDN™ technology to telecommunications and content providers in Brazil.

Vecima Networks Inc. (TSX: VCM) today announced that VECTOR TECH SOLUTIONS is deploying Vecima’s Entra® SC-1D Access Node and Entra® Access Controller (EAC) solutions for ASTA-NET, a telecommunications provider in Poland.

Vecima Networks Inc. (TSX: VCM) today announced it has signed an agreement with AXING AG, a provider of telecommunications products and services in Germany, to serve as a reseller of Vecima’s industry-leading Entra® Distributed Access Architecture (DAA) product portfolio, including the Entra SC-1D Remote MACPHY Device and the Entra EN2112 Remote PHY Access Node.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Wednesday, May 15, 2024, at 1:00 p.m. (ET) to discuss its financial and operational results for the three and nine months ended March 31, 2024.

Vecima Networks Inc. (TSX: VCM) will showcase its open, flexible, and interoperable access and video portfolios, including 10G PON fiber access, the new Entra Virtual Cable Modem Termination system (vCMTS), Remote PHY (R-PHY) and market-share-leading Remote MACPHY (R-MACPHY) solutions, and next-generation video delivery, including MediaScale Open Content Delivery Network (CDN)™, and Dynamic Content & Ad Insertion.

Vecima Networks Inc. (TSX: VCM) announced today that Dell’Oro Group has recognized the company as the 2023 market share leader in two Distributed Access Architecture (DAA) segments – Remote Optical Line Terminals (R-OLT) and Remote MACPHY (R-MACPHY). Dell’Oro Group named Vecima as the leader in both categories for 2021 and 2022.

Vecima Networks Inc. (TSX: VCM) announced today that Denver-based Evolution Digital, a leading provider of integrated video products and whole-home Wi-Fi offerings, now offers the option for service providers using Vecima’s MediaScale Open CDN™ solution to host software and firmware updates for millions of customers worldwide via the Evolution Device Manager (eDM™).

Vecima Networks Inc. (TSX: VCM) will showcase its video industry innovation at the 2024 NAB Show in Las Vegas, including its MediaScale Open CDN™ solution.

Vecima Networks Inc. (TSX: VCM) today announced that LICA CZECH s.r.o. (further as LICA) is deploying Vecima's Entra® SC-1D and Entra® Access Controller (EAC) solutions for Elsat, spol. s.r.o. (further as Elsat), a provider of telecommunications services in the Czech Republic.

Vecima Networks Inc. (TSX: VCM) announced today that a Tier 1 service provider in North America has completed lab qualifications of Vecima’s Entra® EXS1610 All-PON™ Shelf and is currently planning field deployments. Other customers around the globe are planning lab trials of the platform for anticipated deployment this year.

Vecima Networks Inc. (TSX: VCM) today announced the Entra® Virtualized Cable Modem Termination System (vCMTS) as part of its Entra Cloud™ platform of open, interoperable, cloud-native applications that help cable operators transform their networks for next-generation broadband access. Entra vCMTS is built from the ground up to provide the scalability and throughput required for DOCSIS® 4.0 services.

Vecima Networks Inc. (TSX: VCM) today announced a partnership with RocNet Supply to offer turnkey Distributed Access Architecture (DAA) packages tailored for Remote PHY (R-PHY), Remote MACPHY (R-MACPHY), and PON deployments. The turnkey packages, which include Vecima and third-party equipment, are designed to equip operators with all the necessary components to effortlessly transition to 10G networks, streamlining deployment while ensuring compatibility and optimal performance.

Today, Vecima Networks Inc. (TSX: VCM) announced selection of a U.S. manufacturer for certain Entra® Fiber Access Products. Vecima has entered into an agreement with MARA Technologies USA, Inc., a subsidiary of Invotek Group Inc. (Invotek), to manufacture Vecima’s SF-4X Optical Line Terminals (OLTs) in its Holly, Michigan facility. As previously announced, Vecima intends to expand manufacturing into the U.S. for specific products in its Entra portfolio to meet the proposed Build America, Buy America (BABA) requirements under the Broadband Equity, Access, and Deployment (BEAD) Program, one of the programs established under the Infrastructure Investment & Jobs Act (IIJA).

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on March 18, 2024, to shareholders of record as at February 23, 2024. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Wednesday, February 14, 2024, at 1:00 p.m. (ET) to discuss its financial and operational results for the three and six months ended December 31, 2023.

Vecima Networks Inc. (TSX: VCM) (“Vecima”) announced today that Samuel Chernak has joined its Board of Directors after being elected at Vecima’s Annual General Meeting held on Tuesday, December 19, 2023.

Vecima Networks Inc. (TSX: VCM) today announced the voting results of its annual general meeting of shareholders held virtually on December 19, 2023 (“AGM”). All the shareholders’ resolutions were approved at the AGM.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months ended September 30, 2023.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on December 18, 2023, to shareholders of record as at November 24, 2023. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM) today announced that Blue Ridge Communications, one of the first broadband internet providers in the US, has engaged its Professional Services team to support the continued expansion of its video streaming experience.

Vecima Networks Inc. (TSX: VCM) announced today full availability of its DOCSIS® 4.0-ready and 1.8 GHz Entra® EN8400 and SC-2D4 nodes. Termed “Forever Nodes”, they provide a clear and cost-effective path to 10G by protecting operators’ investment in technology-forward networks as they prepare for DOCSIS® 4.0 and advanced passive-optical network (PON) deployments.

Vecima Networks Inc. (TSX: VCM) will showcase broadband and IPTV industry leadership at the SCTE Cable-Tec Expo 2023, highlighting its Entra® Unified Access portfolio, which enables operators to deploy both Distributed Access Architecture (DAA) and Passive Optical Networking (PON) in any market or hub.

Vecima Networks Inc. (TSX: VCM) announced today that it received the 2023 Broadband Technology Report Diamond Technology Reviews Honoree award for its Entra ERM3 Remote PHY Devices (RPDs) for hybrid fiber coax (HFC) networks. An independent panel of engineering experts awarded Vecima five diamonds for technical innovation – the highest score – in the Active Network Hardware category.

Vecima Networks Inc. (TSX: VCM) today announced its intent to expand manufacturing into the U.S. for certain products in its Entra® portfolio. By establishing a U.S. manufacturing program, Vecima expects to increase its operations to meet the proposed Build America, Buy America (BABA) requirements under the Broadband Equity, Access, and Deployment (BEAD) Program, one of the programs established under the Infrastructure Investment & Jobs Act (IIJA). Vecima fully supports the BABA goals of the IIJA.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three months and year ended June 30, 2023.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on November 6, 2023, to shareholders of record as at October 13, 2023. This dividend will be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (the “Company” or “Vecima”) (TSX: VCM) today announced that it has entered into a warrant agreement with Charter Communications Holding Company, LLC (“Charter”).

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, September 21, 2023, at 1:00 p.m. (ET) to discuss its financial and operational results for the three months and year ended June 30, 2023.

Vecima Networks Inc. (TSX: VCM) announced today that Orion Cable, a California-based service provider that serves San Diego’s North County communities, has selected Vecima’s Entra® Remote MACPHY bundled solution, providing a cost-effective, and future-proof path to DOCSIS® 4.0 at any scale.

Vecima Networks Inc. (TSX: VCM) today announced that Telenet Group (TNET.BR), one of the largest providers of cable broadband services in Europe, is rolling out Vecima’s Distributed Access Architecture (DAA) solution, featuring next-generation Remote PHY devices.

Vecima Networks Inc. (TSX: VCM) announced today that Austria’s Telenet Systems has selected its Entra® SC-1D Remote MACPHY Node to be deployed through Witke, Vecima Networks’ reseller in Austria. The SC-1D provides a simple, cost-effective, and power-saving solution to help Telenet Systems deliver a faster broadband experience for subscribers.

Vecima Networks Inc. (TSX: VCM) will showcase industry leadership at ANGA COM 2023, with technology demonstrations and panel presentations highlighting 10G PON fiber access solutions, Remote PHY (R-PHY) and Remote MACPHY (R-MACPHY) solutions, and next-generation video solutions, including Open CDN and Dynamic Content.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and nine months ended March 31, 2023.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on June 19, 2023, to shareholders of record as at May 26, 2023. This dividend will not be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.

Vecima Networks Inc. (TSX: VCM) today announces that it will hold a conference call and live audio webcast on Thursday, May 11, 2023, at 1:00 p.m. (ET) to discuss its financial and operational results for the three and nine months ended March 31, 2023.

Vecima Networks Inc. (TSX: VCM) and Cadent, the largest independent platform for advanced TV advertising, today announced the integration of Vecima’s MediaScaleTM Streaming solution with Cadent Aperture Platform to power the next generation of multichannel video programming distributor (MVPD) and vMVPD advertising services.

Vecima Networks Inc. (TSX: VCM) today announced that Kbro, the largest cable operator in Taiwan, has selected its Entra™ EN2112 Compact Remote PHY (R-PHY) Nodes as part of its Distributed Access Architecture (DAA) solution to enable high-speed DOCSIS 3.1 services for its subscribers.

Vecima Networks Inc. (TSX: VCM) will showcase its video industry leadership at the 2023 NAB Show in Las Vegas, highlighting its MediaScale™ Open CDN, Dynamic Content, and Community Cache solutions.

Following its prior announcement on March 15, 2023, Vecima Networks Inc. (TSX: VCM) today announced that Charter Communications, Inc. has selected its Entra® Distributed Access Architecture (DAA) solution with ERM3 Remote PHY Devices to support its fixed broadband network evolution to 10G. The ERM3 is expected to be used for a substantial portion of Charter’s network and to support a growth plan driven by network evolution, expansion, and execution.

Vecima Networks Inc. (TSX: VCM) today announced that a Major Tier 1 US Service Provider has selected its Entra® Distributed Access Architecture (DAA) solution with ERM3 Remote PHY Devices to support its enterprise-wide fixed broadband network upgrade to 10G. The ERM3 will be used to upgrade a substantial portion of the operator’s network and support a growth plan driven by network evolution, expansion, and execution.

Vecima Networks Inc. (TSX: VCM) today announced that Dell'Oro Group has recognized the company as the 2022 market share leader in two of their cable access segments – Remote Optical Line Terminals (R-OLT) and Remote MACPHY (R-MACPHY). Vecima was previously recognized by Dell’Oro Group as the leader in both categories for 2021.

Vecima Networks Inc. (TSX: VCM) today announced a new MediaScale™ video platform tailored to simplify maintaining QAM video on demand (VOD). Integrations with third-party QAM VOD back-office solutions, including CommScope ConvergeMedia Manager® and SeaChange Adrenaline®, facilitate straightforward replacement of aging library and streaming infrastructure that often leverage spinning disks nearing the end of their design life.

Vecima Networks Inc. (TSX: VCM) today announced that its MediaScale™ Streaming platform delivered 100 percent uptime performance for its service provider customers globally during Super Bowl LVII on Sunday, February 12.

Vecima Networks Inc. (TSX: VCM) today reported financial results for the three and six months ended December 31, 2022.

Vecima Networks Inc. (TSX: VCM) today announces that, consistent with its previously announced dividend policy, the Board of Directors has approved a quarterly dividend of $0.055 per common share payable on March 27, 2023, to shareholders of record as at February 24, 2023. This dividend will not be designated as an “eligible dividend” for Canadian income tax purposes. Future quarterly dividends will be subject to Board approval.