Clearfield® Reaches Milestone of Over 50 Million Ports In-Market
January 18 2023 - 7:00AM
Business Wire
Craft-friendly, Labor Lite Technologies
Streamline Operators’ Ability to Move From Homes Passed to Homes
Connected
Clearfield, Inc. (NASDAQ:CLFD), the specialist in fiber
management for communication service providers, today announced the
supplying of over 50 million fiber ports of its craft-friendly,
Labor Lite family of Clearview® cassettes,
FieldShield® Assemblies, and YOURx® Terminals. This total
was bolstered by the company’s record-setting deployments in
calendar year 2022, with over 8.5 million ports supplied during the
year. These fiber connections provide a vital link to translate
Homes Passed numbers into Homes Connected revenue for service
providers; deliver high-speed, low-latency broadband to
Multi-Dwelling Units (MDU); and connect distribution points as
community broadband operators push fiber broadband further into the
network.
“Success in the fiber broadband market is as much about
execution as it is innovation,” said Kevin Morgan, Chief Marketing
Officer at Clearfield. “At Clearfield, we’re dedicated to our
customers’ success and have prioritized ensuring they have the
products and support they need, when they need it, to take their
fiber broadband networks as far as they can go. As we address
ongoing strong customer demand for broadband, we remain focused on
further enhancing capacity and improving our lead times to maintain
our momentum in the year ahead.”
Clearfield has spent the last 24 months aligning its
manufacturing and supply chain processes ahead of the influx of
federal and state funding to enable community broadband operators
to connect more homes with fiber broadband. This process includes
the expansion of manufacturing capabilities in the U.S. and Mexico,
as well as the acquisition of Nestor Cables as part of the
company’s ongoing efforts to vertically integrate key aspects of
its supply chain. The company’s ability to reach this milestone and
deliver the termination ports service providers need over the next
five years is a direct result of this strategy.
More information on Clearfield’s family of cassettes is
available at Fiber Optic Cassettes | Clearfield
(seeclearfield.com).
About Clearfield, Inc.
Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures, and
distributes fiber optic management, protection, and delivery
products for communications networks. Our “fiber to anywhere”
platform serves the unique requirements of leading incumbent local
exchange carriers (traditional carriers), competitive local
exchange carriers (alternative carriers), and MSO/cable TV
companies, while also catering to the broadband needs of the
utility/municipality, enterprise, data center and military markets.
Headquartered in Minneapolis, MN, Clearfield deploys more than a
million fiber ports each year. For more information, visit
www.SeeClearfield.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230118005204/en/
Richard M. Williams Connect2 Communications
clearfield@connect2comm.com 919.523.0621
Investor Relations Contact: Matt Glover and Jackie
Keshner Gateway Group, Inc. 949.574.3860 CLFD@gatewayir.com
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