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An update from Smartoptics Group AS ( (DE:3YL) ) is now available.
Smartoptics announced that Geneseo Communications, a regional service provider in Illinois, has modernized its core network using Smartoptics solutions. This upgrade separates Layer 1 transport from Layer 3 routing, offering cost-efficient scalability and simplified operations. The deployment includes 400G rings with 100G dedicated drops, enhancing network capacity and flexibility. This move aligns with industry trends towards open networking, providing Geneseo with more control and resilience, and setting a high standard for connectivity in rural communities.
More about Smartoptics Group AS
Smartoptics is a Scandinavian company founded in 2006 that provides innovative optical networking solutions and devices for open networking. Their customer base includes enterprises, governments, cloud providers, Internet exchanges, and telecom operators. They focus on breaking vendor lock-in, maintaining flexibility, and minimizing costs, with applications in metro and regional networks. Smartoptics partners with technology leaders like Brocade, Cisco, and Dell, and has a global reach through over 100 business partners.
Average Trading Volume: 169,618
Current Market Cap: NOK2.12B
For an in-depth examination of 3YL stock, go to TipRanks’ Overview page.

