#FiberConnect24: Innovative Tools for Faster Fiber Rollouts - Cheri Beranek
How is Clearfield helping the broadband providers to overcome the barriers and Accelerate our Fiber Future? Cheri BeranekΒ ...
Chief Executive Officer, President & Director, Clearfield
Search every verified Cheryl Beranek interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Cheryl Beranek, CEO of Clearfield, spoke at the Fiber Connect 2024 conference about the company's efforts to accelerate fiber broadband deployment. She announced the introduction of "built," a mobile app that uses 3D images to provide field education for technicians. Beranek also discussed new products aimed at reducing operational expenses by lowering the amount of labor and skill required for network construction, citing the "deploy re tap box" as an example of a "craft friendly" and "craft smart" solution. She described the industry's momentum, noting that the conference expected a record 5,000 attendees. In a 2023 interview, Beranek discussed Clearfield's growth from a startup with a stock price of $0.86 to a company with a market cap of $1.4 billion. She stated that the company's product line allows service providers to align capital expenditures with subscriber take rates, emphasizing modularity and scalability. Beranek noted that Clearfield experienced a 70% compounded annual growth rate during the COVID-19 pandemic, finishing fiscal year 2022 with a 91% growth rate and an 18.5% net income. She described Starlink as a "really good product" for niche solutions but said it is not suitable for dense or high-user environments. Beranek also stated that Clearfield is well-positioned to benefit from government funding programs like BEAD, which she said allocates about half of its $100 billion toward capital expenditures.
“You know at Clearfield we're here at the beginning of the fiber connect show we at 30 minutes until things start and it is a construction Buzz there we are waiting for 5,000 people to join us this year which is an amazing record and just as testimony to what we all believe the future is and we want to be part of it.”
“We're introducing something called built and built is an app on your phone that can help you with 3D images to be able to provide education in the field where you need it on your phone.”
“Another thing we think is absolutely crucial is being able to provide equipment that isn't necessarily a capex issue but it's how do we reduce the Opex of building these networks and our new product introductions are about reducing the amount of labor as well as the amount of skill in that labor to be able to move forw...”
“You can see that as part of something we call our deploy re tap box part of being craft friendly and craft smart overall I invite you to be part of this industry and to join me and to join Clearfield into making our world a better place.”
How is Clearfield helping the broadband providers to overcome the barriers and Accelerate our Fiber Future? Cheri BeranekΒ ...
In an exclusive interview with Cheri Beranek, Clearfield Inc.'s President & CEO, she discusses the company's background,Β ...
Sign in to search the full transcript archive, filter by topic, and access every quote from Cheryl Beranek.