They were recently profiled in Lightreading and in the comments a short debate ensued on the merits of a quad OLT.
I think the advantages of having a Quad OLT arise from the ability to more efficiently do statistical multiplexing onto the uplink side. If you have four discrete OLT chips the indivisual GE uplinks from each device need to be fed into an L2 aggregation chip that will make drop decisions. Having four OLT’s on one chip let you merge the control plane and make better decisions on DBA and discards as you forward. Theoretically, you would get better QoS and utilization.
BUT – as of right now, fairness on the upload side isn’t that important. Few applications exist that push the envelope in the upload direction – Enterprise applications and circuit emulation are two that would, but neither have been deployed over PON’s in any volume.
In short, nothing extraordinary except for Chinese heritage and a Chinese partner invested in their success. The complementary products that PMC-Sierra (PMCS) and Conexant (CNXT) bring to the table short circuit the advantages of a quad OLT, unless applications that make upload bandwidth the bottleneck gain popularity.