Calix Completes Acquisition of Ericsson's Fiber Access Assets and
Begins Global Reseller Agreement
Relationship Brings Calix Unified Access Systems and Software to
Communications Service Providers Worldwide
PETALUMA, CA -- (Marketwire) -- 11/05/12 -- Calix, Inc. (NYSE: CALX)
today announced the completion of its acquisition of Ericsson's
(NASDAQ: ERIC) fiber access assets and the implementation of a Global
Reseller Agreement between the two companies which was announced on
Aug. 22, 2012.
"We would like to welcome our new fiber access customers from around
the globe to the Calix family," said Carl Russo, Calix president and
CEO. "The EDA1500 GPON solution expands what we believe to be the
industry's most advanced fiber access solutions portfolio, and we
look forward to working closely with our new customers and through
our preferred partnership with Ericsson to bring Calix broadband
access innovation to communications service providers worldwide."
Calix also announced that it will conduct an investor conference call
on November 5, 2012 at 1:30 Pacific Time to discuss the fiber access
asset acquisition and global reseller agreement. A live, audio
webcast and replay of this conference call will also be available
from the investor relations section of the Calix website:
http://investor-relations.calix.com/. Interested parties can also
listen to the live call by dialing number: 877-407-4019 (U.S.) or
201-689-8337 (outside the U.S.).
The conference call and webcast will include forward-looking
Calix (NYSE: CALX) is a global leader in access
innovation. Its Unified Access portfolio of broadband communications
access systems and software enables communications service providers
worldwide to be the broadband provider of choice to their
subscribers. For more information, visit the Calix website at
Ericsson is the world's leading provider of
communications technology and services. We are enabling the Networked
Society with efficient real-time solutions that allow us all to
study, work and live our lives more freely, in sustainable societies
around the world.
Our offering comprises services, software and infrastructure within
Information and Communications Technology for telec
om operators and
other industries. Today more than 40 percent of the world's mobile
traffic goes through Ericsson networks and we support customers'
networks servicing more than 2.5 billion subscribers.
We operate in 180 countries and employ more than 100,000 people.
Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In
2011 the company had revenues of SEK 226.9 billion (USD 35.0
billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New
York stock exchanges.
This press release may contain forward-looking statements that are
based upon management's current expectations and are inherently
uncertain. Forward-looking statements are based upon information
available to us as of the date of this release, and we assume no
obligation to revise or update any such forward-looking statement to
reflect any event or circumstance after the date of this release,
except as required by law. Actual results and the timing of events
could differ materially from current expectations based on risks and
uncertainties affecting the Company's business. The reader is
cautioned not to unduly rely on the forward-looking statements
contained in this press release. Additional information on potential
factors that could affect Calix's results and other risks and
uncertainties are detailed in its reports filed with the SEC,
including the Company's 2011 Annual Report on Form 10-K and its
report on Form 10-Q for the fiscal quarter ended September 29, 2012,
available at http://www.sec.gov.
Investor Relations Inquiries:
David H. Allen
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