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Astound Broadband Set to Transform its Network with Harmonic

1. Astound Broadband adopts Harmonic's cOS platform for network modernization. 2. The move enhances Astound's broadband, supporting over one million subscribers. 3. Harmonic's cOS platform enables efficient deployment of future FTTH services. 4. Advanced analytics from cOS Central ensures reliable broadband service. 5. This partnership positions Harmonic as a leader in next-gen broadband technology.

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FAQ

Why Bullish?

Harmonic’s partnership with a major MSO like Astound increases its market presence and revenue potential, similar to past collaborations that have spurred stock growth.

How important is it?

The expanding user base for Harmonic's solutions, evident in Astound's upgrade, suggests strong future cash flows and profitability.

Why Long Term?

The infrastructure improvements will position Harmonic for sustained growth as broadband demand increases over time, echoing trends seen in telecom advancements in the last decade.

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Harmonic's cOS Virtualized Broadband Platform Accelerates Network Modernization, Unleashing Faster Speeds and Providing a Path to Fiber, /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Astound Broadband, the sixth largest MSO in the U.S. catering to over one million subscribers, has selected the company's industry-leading cOS™ virtualized broadband platform to drive the evolution of its broadband infrastructure. By adopting Harmonic's virtualized platform, Astound Broadband is taking a leap forward in delivering reliable, high-speed broadband connectivity to subscribers. This strategic move will enable Astound Broadband to boost network efficiency, gain critical scalability and enjoy a seamless path to fiber by leveraging a future-ready infrastructure. Harmonic cOS™ Broadband Platform "Providing critical broadband access to local communities fuels our innovation. By partnering with Harmonic, we are leveraging their cutting-edge technology, proven performance at scale and exceptional support to ensure high-speed connectivity for our customers today and in the future," said Patrick Murphy, executive vice president and chief technology officer, Astound Broadband. Astound Broadband will deploy Harmonic's cOS platform in a distributed access architecture (DAA) with the company's Pebble Remote PHY Device. Powered by software, the cOS platform will enable a faster time to market for Astound Broadband's new services. Harmonic's solution provides Astound Broadband with a unified platform for DOCSIS today and PON for future FTTH deployments, minimizing hardware requirements while delivering substantial power, space and cost efficiencies. In addition, Harmonic's cOS Central will enhance Astound Broadband's network with advanced analytics and automation, offering real-time visibility and proactive issue resolution to ensure consistent and reliable broadband service."We are thrilled to partner with Astound Broadband, as we share a common vision and dedication to deliver exceptional customer experiences through innovative, high-performance broadband solutions," said Jeffrey Glahn, senior vice president of global sales, broadband, at Harmonic. "Astound Broadband is a trailblazer in the industry. By modernizing its network with our cOS virtualized broadband platform and tapping into the flexibility to utilize fiber in the future, they are leading the charge toward the next generation of broadband infrastructure, inspiring other operators to follow suit."Harmonic's market-leading cOS platform powers next-gen broadband services to more than 33 million homes worldwide for leading operators in North America, Europe, Latin America and Asia. To learn more about Harmonic's cOS platform and portfolio of network edge devices, visit www.harmonicinc.com/broadband.About HarmonicHarmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com. Legal Notice Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.About Astound BroadbandAstound Broadband (astound.com) is the sixth largest cable operator in the U.S., providing award-winning high-speed internet, broadband communications solutions, TV, phone services and fiber optic solutions for residential and business customers across the United States. Astound Broadband is comprised of organizations formerly known as RCN, Grande Communications, Wave Broadband, and enTouch. The company services Chicago, Indiana, Eastern Pennsylvania, Massachusetts, New York City, Maryland, Washington, D.C., Texas, and regions throughout California, Oregon, and Washington.Photo Link: www.202comms.com/Harmonic/Harmonic-cOS_logo.jpgPhoto Caption: Harmonic cOS™ Broadband Platform LogoSOURCE Harmonic Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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