SAN JOSE, Calif. -- Sept. 9, 2015 -- Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, today announced that the company has entered into a contract with Deutsche Telekom's affiliates in Eastern and Southern Europe to support the delivery of new, advanced TV services for the operator. Leveraging Harmonic's range of comprehensive solutions, these Deutsche Telekom affiliates will be able to deliver hundreds of IPTV and OTT video channels -- using less bandwidth, with a low total cost of ownership (TCO) and industry-leading video quality.
Deutsche Telekom's affiliates in Eastern and Southern Europe join a growing list of service providers around the globe who rely on Harmonic's scalable and flexible solutions to deliver superior video quality to subscribers. Harmonic's solutions support all the key emerging video applications, including HD and Ultra HD broadcasting, linear ad insertion, video-on-demand and multiscreen delivery.
"We are delighted to work with a leader of digital TV technology and to benefit from the vast amount of worldwide experience Harmonic has collected over many years," said Thomas Staneker, head of Deutsche Telekom's International TV Service Center, Hungary.
"By deploying a comprehensive solution from Harmonic, Deutsche Telekom's affiliates in Eastern and Southern Europe will truly transform the way they deliver content," said Ian Graham, vice president of sales, EMEA, at Harmonic. "As video content and service providers around the world look to roll out services to different screens faster, cheaper and with better quality, Harmonic is the only vendor that answers all of their complex content delivery requirements -- while lowering their TCO."
Further information about Harmonic and the company's products is available at www.harmonicinc.com.
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Harmonic (NASDAQ: HLIT) is the worldwide leader in video delivery infrastructure for emerging television and video services. Harmonic enables customers to produce, deliver and monetize amazing video experiences, with unequalled business agility and operational efficiency, by providing market-leading innovation, high-quality service and compelling total-cost-of-ownership. More information is available at www.harmonicinc.com.
This 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, including statements related to the anticipated capabilities and benefits of Harmonic's range of comprehensive video delivery products and solutions. Our expectations and beliefs regarding our products and solutions may not materialize and are subject to risks and uncertainties, including the possibility that our products and solutions may not meet some or all of their anticipated capabilities or provide some or all of their anticipated benefits, such as enabling the delivery of cheaper, faster and better video quality, while lowering the total cost of ownership.
The forward-looking statements contained in this press release are also subject to other risks and uncertainties, such as those 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, 2014, 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.
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