Broadband infrastructure vendor Calix (CALX +18.4%), which had fallen sharply from last summer's...

|By:, SA News Editor

Broadband infrastructure vendor Calix (CALX +18.4%), which had fallen sharply from last summer's levels on telecom capex fears, soars after delivering a better-than-feared Q1 report and forecasting a 2H pickup in demand. Calix, which is hoping to get a lift from the FCC's Connect America Fund, also announced it has been chosen to support 5 new broadband stimulus projects.