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ARRIS ME-7000 Platform Witnesses Additional Deployments


ARRIS International plc ARRS has announced that Antietam Broadband in the United States and Sogetel in Canada have deployed its ME-7000 Converged Compression Platform to deliver an incredible range of high quality content to subscribers, while lowering total cost of ownership.

The ARRIS ME-7000 platform provides unmatched video compression efficiency for the highest quality video at all bit-rates. It provides multi-codec support of HEVC, MPEG-4 AVC and MPEG-2 encoding.

Antietam Broadband and Sogetel have joined nearly 30 operators around the world that have selected ME-7000. With the ME-7000, ARRIS expects to help operators achieve leading video compression efficiency in delivering 4K and HDR video along with advertising splicing and multiplexing through the platform's new HEVC module.

Further, Antietam partnered with ARRIS Global Services to deploy the ME-7000 platform into their network. ARRIS Global Services works hand in hand with the world's leading operators to design, implement and operate next-generation services.

The ME-7000 provides a flexible and easily upgradeable system with cost-saving low power per channel to provide simultaneous multi-format outputs in any environment. It focuses on an efficient delivery of high quality linear broadcast video for IPTV, cable, satellite and OTT applications.

ARRIS team’s unmatched expertise in complex deployments combined with the ME-7000's versatility and class-leading density, help operators around the world to deliver advanced video services. The company is uniquely positioned to deliver the next-generation of video compression and multiplexing technologies.

Over the last three months, shares of ARRIS have significantly outperformed the industry with an average return of 3.7% against 11.5% decline for the latter.

ARRIS carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry are Arista Networks, Inc. ANET, Spirent Communications plc SPMYY and Viavi Solutions Inc. VIAV, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Arista Networks has an expected long-term earnings growth rate of 22.9%. It exceeded earnings estimates in each of the trailing four quarters, with an average of 25.3%.

Spirent Communications has an expected long-term earnings growth rate of 13%.

Viavi Solutions has an expected long-term earnings growth rate of 20%. It exceeded earnings estimates in each of the trailing four quarters, the average being 41.1%.

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