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Harmonic has announced that Telia Norway will use its cOS virtualized broadband platform to modernize its network and completed 20 broadband deployments across Europe. This highlights growing adoption of Harmonic's virtualized broadband solutions by large European operators and partners, reinforcing the long-term broadband thesis. However, the company still faces challenges from customer concentration and margin pressure, as well as the risk of commoditization of software-based video and broadband solutions.

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