Leading global technology provider TE Connectivity Ltd. TEL is all set to showcase its latest innovations at the annual Fiber to the Home (“FTTH”) Connect Conference, one of the leading North American conferences for telecommunications. The company will also act as a diamond sponsor for the conference, to be held from Jun 29 through Jul 1.
TE Connectivity plans to unveil 3 distinct fiber technologies in the event, namely, hardened connectivity, fiber distribution solutions, and FTTH architecture. These innovations offer dual benefit in the form of reducing the time required as well as cost incurred for deployment of fiber networks. In particular, these technologies will be useful for reducing multiple costs related to splicing, custom cable assemblies, labor and other materials management.
Important company officials will be present at the event to conduct sessions for explaining the advantages of an efficient underground FTTH Network and use of powered fiber cables in enhancing FTTH deployments. These will address the pressing need for faster and smarter FTTH networks.
Management believes the contemporary market scenario calls for super-fast broadband speed to satiate customers. Leveraging the competence of TE Connectivity’s new fiber technology, clients will be able to transit effortlessly to Gigabit-level speed, thereby boosting their performance.
TE Connectivity, with a comprehensive portfolio, is the market leader in the connectivity and sensor business. Its Communication Solutions business line, which includes the fiber optic communications systems, accounted for 22% of revenues in the second quarter of fiscal 2015. Going forward, we believe the latest innovations will help upgrade the company’s existing communication networks, thereby supplementing its top-line growth by securing important orders.
TE Connectivity currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Active Power Inc. ACPW, Fabrinet FN and LightPath Technologies, Inc. LPTH. All three stocks sport a Zacks Rank #1 (Strong Buy).
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