Arris Group Inc.
) - a global technology leader in the development of advanced
cable telephony, next-generation high-speed data network - is
offering an advanced range of Hybrid Fiber Coax (HFC) optics,
nodes and amplifiers targetting European cable operators.
ARRIS GROUP INC (ARRS): Free Stock Analysis
COMCAST CORP A (CMCSA): Free Stock Analysis
GOOGLE INC-CL A (GOOG): Free Stock Analysis
TIME WARNER CAB (TWC): Free Stock Analysis
To read this article on Zacks.com click here.
The newly-launched HFC portfolio includes flexible design, better
network efficiency, reduced installation time, cost effective,
alternate power backup, quickly upgradable and electronic remote
device. Arris's UCN224, UCN212 UCA222 and UCA212 have three pins
with two active modes and easily support 1.2 GHz network speed.
Such advanced features will not only help the European cable
operators to drive their networks but also help them to offer
multiscreen viewing without any disruption to their customers.
The concept of TV viewing has changed radically with higher
adoption of smartphones and tablets. Viewers like easy and
comfotable access to their favourite shows anytime and anywhere.
Thus, the mounting data usage weighs heavy on the network and
therefore, affects network performance. So, implementing the new
HFC technology will boost the cable operator's performance.
Arris recently acquired the cable set-top box business of
Motorola Mobility, a subsidiary of
), for a total consideration of $2.35 billion. The acquisition of
the Motorola set-top box business will undoubtedly help Arris
attain a strong foothold in the video offerings market.
In the recently concluded quarter, Arris' total revenue was
$353.7 million, up 16.8% year over year. Quarterly Domestic
revenues were 68.3% while International revenues were 31.7%.
Time Warner Cable
) are the two largest customers of Arris and have together
contributed 43% of Arris' total revenue. Hence, we believe that
by targeting the European market with its advanced products,
Arris will reduce its dependency on the domestic market, thereby
driving International revenues for the company.
Currently, Arris Group Inc. carries a Zacks Rank #3 (Hold).