Bluepeak Adopts Harmonic's cOS and SeaStar to Accelerate Fiber Rollout
HLIT sits 57% above its 52-week low of $7.8.
Summary
Bluepeak, a regional fiber operator serving over 500,000 locations across six states, is deploying Harmonic's cOS virtualized broadband platform, Pearl remote OLTs, and SeaStar optical node. The deal enables Bluepeak to speed up fiber PON expansion and cost-effectively extend multi-gigabit services to lower-density MDUs by reusing existing in-building coax. This follows Harmonic's strategic pivot to pure-play broadband after the $145M Video Business sale closed in June. The win adds a new Tier 2/3 operator to Harmonic's customer base and validates the SeaStar node's market traction for MDU connectivity—a growing segment. No financial terms were disclosed, but the announcement reinforces Harmonic's positioning in the virtualized broadband market.
At the time of this announcement, HLIT was trading at $12.24 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $7.80 to $17.68. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.