News & Events

News & Press

August 2008

Zhone Technologies Announces Plans for Reverse Stock Split and Stock Option Repricing
Aug 27, 2008 — Oakland, CA — Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in multi-service access solutions, announced today that its Board of Directors has authorized a reverse stock split and repricing of stock options. Zhone has decided to pursue the reverse stock split in order to regain compliance with the minimum bid price requirement of The Nasdaq Stock Market ("Nasdaq"). Zhone plans to select a reverse stock split ratio of between 1-for-5 and 1-for-10, such that between 5 and 10 shares of issued and outs... read more...

Zhone Introduces New Bitstorm IP DSLAMs for Multi-Stream HD over Copper
Aug 26, 2008 — Oakland, CA — Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in multi-service access solutions, today introduced two new IP DSLAMs for VDSL2 and ADSL2+ for single or bonded-pair copper. read more...

Zhone's Platform Selected by foreThought.net for Network Evolution to Multi-Service Access Strategy
Aug 5, 2008 — Oakland, CA — Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in multi-service access solutions, today announced that foreThought.net, a leading Denver-based CLEC and Internet Service Provider has selected Zhone's MALC Multi-Service Access Platform (MSAP) to provision premium EFM business services in addition to voice and ADSL2+ throughout Denver and Colorado Springs. Prior to implementing Zhone's MSAP provisioning strategy, foreThought.net utilized three disparate platforms from three separate vendo... read more...