Company Announcements

VICTORIA, British Columbia--(BUSINESS WIRE)--Apr. 1, 2025-- 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.

According to the March 5, 2025, Dell’Oro Group report:

• Vecima is the global revenue leader in Remote OLT devices, used by cable operators to deliver 10G fiber-to-the-home (FTTH) services;
• Vecima is the global revenue leader in Remote MACPHY devices;
• In addition, Vecima held the second-largest global revenue share in Remote PHY devices in 2024.

“Vecima’s continued leadership in DAA technology demonstrates its commitment to enabling network evolution for cable operators worldwide,” said Jeff Heynen, Vice President, Broadband Access and Home Networking at Dell’Oro Group. “Vecima is well-positioned to drive the next generation of connectivity with its operator customers.”

“We’re proud to maintain our leadership in next-generation broadband with our innovative DAA and PON products,” said Clay McCreery, Chief Operating Officer at Vecima. “As Broadband Service Providers evolve their networks to R-PHY, R-MACPHY, DOCSIS® 4.0, 10G PON, or beyond, Vecima provides a seamless and cost-effective path for every operator of every size.”

About Vecima Networks
Vecima Networks Inc. (TSX: VCM) is leading the global evolution to the multi-gigabit, content-rich networks of the future. Our talented people deliver future-ready software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. We help our customers evolve their networks with cloud-based solutions that deliver ground-breaking speed, superior video quality, and exciting new services to their subscribers. There is power in connectivity – it enables people, businesses, and communities to grow and thrive. Learn more at www.vecima.com.

This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding Vecima's business strategies and objectives, and the anticipated benefits, performance, capabilities, availability or adoption of its products and services. Such statements reflect current expectations and assumptions about future events and are subject to risks and uncertainties. Vecima undertakes no obligation to update any forward-looking statements unless required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250401919967/en/

Investor Relations: 250-881-1982, invest@vecima.com
Media Relations: bernadette.dunn@vecima.com

Source: Vecima Networks Inc.