Article: Zhone's New MXK Intelligent Terabit Access Platform Gains USDA Rural Utilities Service Acceptance for FTTx Services.(Company overview)

MXK Eligible for RUS Funding to Speed Universal Broadband Service

OAKLAND, Calif. -- Zhone Technologies, Inc. (NASDAQ:ZHNE), a global leader in network access solutions, announced today that its new MXK([TM]()) platform has been accepted by the US Department of Agriculture's Rural Utilities Service (RUS) for use by RUS program participants. RUS and the National Telecommunications and Information Agency (NTIA) are responsible for dispersing the $7.2 billion in economic stimulus funding allocated for broadband initiatives under the 2009 American Recovery and Reinvestment Act (ARRA).

RUS provides grants and low cost loans to help network operators secure ...

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