Adtran Inc Stock Price, News & Analysis

ADTRAN has announced its innovative 60GHz mmWave mesh wireless access solution aimed at enhancing Gigabit service in urban and hard-to-reach rural areas. The new MetNet 60GHz solution offers significant advantages, including double the capacity and four times the reach of existing products. It supports various revenue-generating services and operates with 80% lower power consumption per Gigabit. This advancement facilitates faster network monetization for service providers while minimizing environmental impact.

ADTRAN has announced that its 7310-08 LoRaWAN IoT Gateway is now qualified as an AWS IoT Core for LoRaWAN gateway, marking a significant step in enhancing its IoT product offerings. This certification allows users to connect their LoRaWAN devices to AWS, facilitating easier IoT network deployments without the need for a separate LoRaWAN Network Server. The gateway is optimized for business and industrial applications, offering efficiency with features like Power over Ethernet and Bluetooth configuration. This move strengthens ADTRAN's position in the IoT market.

ADTRAN, a leading provider of fiber broadband solutions, announced that Sonic will expand its fiber network into Oakland, California using the ADTRAN Total Access 5000 platform. This collaboration will enhance Sonic's market share by utilizing Combo PON technology to support both existing GPON and new XGS-PON services. The ADTRAN TA5000 is noted as the highest density 10G PON solution available, capable of delivering 10 Gbps customer connections. The partnership aims to meet the increasing demand for high-capacity internet services while improving network ROI.

ADTRAN, a leader in multigigabit broadband solutions, awarded several ISPs for their innovation and leadership in broadband services at the Connected Britain event in London on September 21. Award winners included Community Fibre, recognized for the fastest ONT deployment, and Gigaclear, honored for significant improvements in rural internet services. These awards highlight the crucial role of ISPs in enhancing community connectivity through advanced broadband technologies.

ADTRAN announced that Alncom, a rural broadband provider in the UK, is utilizing the ADTRAN Total Access 5000 platform to deploy a Gigabit-ready FTTH network. This initiative aims to enhance internet access in Northumberland and County Durham, where many residents previously faced limitations with speeds of only 1.5 Mbps. Secured through private investments and the UK’s Gigabit Broadband Voucher Scheme, Alncom is set to transform its services, creating opportunities for local communities.

ADTRAN announces its partnership with Wildanet to provide a new fibre network using XGS-PON technology in Cornwall, UK. This project aims to deliver ultra-fast broadband to underserved areas, enhancing connectivity for homes and businesses. The initiative is crucial for supporting Cornwall's growing tech industry and tourism sector, which rely on high-speed internet. The deployment of 10Gbps fibre broadband is expected to significantly improve economic opportunities and quality of life in the region.

ADTRAN announced that its technology partner Netomnia is deploying a state-of-the-art fiber network in the UK. Utilizing ADTRAN's SD-Access architecture, Netomnia aims to pass 1 million premises by 2024, having already reached 50,000 in just one year.

Investments in the new fiber infrastructure are designed to serve underserved communities, enhancing broadband access and quality. The network features programmability to adapt to future technologies and is poised to deliver high-speed services effectively.

ADTRAN and ADVA have announced a business combination to form a leading provider of fiber networking solutions, aimed at enhancing their services for communications providers and government entities. The merger will create a combined revenue of $1.2B and provide over $50 million in annual cost synergies. Following the all-stock transaction, ADTRAN shareholders will hold approximately 54% of the new entity. The companies anticipate significant value creation, capitalizing on the growing demand for fiber connectivity in the U.S. and Europe.

ADTRAN and ADVA announced a strategic business combination aiming to create a leading global provider of fiber networking solutions. The merger, forming a company with combined revenue of $1.2B, enhances their portfolio and positions them to benefit from rising fiber investment. Shareholders of ADTRAN will hold 54% of the new entity, with cost synergies expected to exceed $50 million annually. The transaction, pending regulatory approval, includes dual-listing on the NASDAQ and Frankfurt Stock Exchange.