Casa Systems (CASA) Awarded Multi-Year Contract From Verizon (VZ), Verizon Takes 9.9% Ownership Stake

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Casa Systems Awarded Multi-Year Contract From Verizon

April 18, 2022 8:00 AM EDT

Casa Systems to provide its 5G Core Network Functions to help enable Verizons public Mobile Edge Computing service offering

Verizon to make ~$40 million equity investment in Casa Common Stock

ANDOVER, Mass., April 18, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced that they have been awarded a multi-year purchase contract from Verizon (NYSE, Nasdaq: VZ). In addition, Verizon will make an... More