Adtran Inc Stock Price, News & Analysis

ADTRAN, Inc. (NASDAQ: ADTN) reported preliminary financial results for Q3 2021, with expected revenue of $138 million and a gross margin of 34.5%. The company anticipates an operating loss of $10.1 million, primarily due to $9 million in supply chain-related expenses. Despite challenges, ADTRAN experienced a 43% year-over-year increase in bookings, indicating strong demand from global service providers. The company expects supply chain issues to normalize by mid-2022 and remains enthusiastic about the upcoming merger with ADVA.

ADTRAN, Inc. (NASDAQ:ADTN) announced its 60GHz mmWave mesh solution has been selected by ABC Communications to enhance broadband access in Clinton, British Columbia. This innovative technology provides Gigabit-ready connectivity at a reduced cost and with faster deployment times compared to traditional fiber networks. ABC Communications will now offer speeds 20 times faster than previous options, supporting local initiatives and emergency services in rural areas. The solution's self-healing and self-organizing features further optimize network performance.

ADTRAN has partnered with South Valley Internet to provide advanced 10G fiber access and 60GHz mesh mmWave solutions in California's South Valley region. This collaboration aims to enhance broadband connectivity for areas like Morgan Hill and Gilroy, especially vital during the COVID-19 pandemic. The ADTRAN 60GHz solution, featuring self-organizing technology, supports reliable high-speed internet, overcoming local topographical challenges. SVI's deployment ensures uninterrupted service, elevating user experiences and reinforcing its competitive position in the market.

ADTRAN, Inc. (NASDAQ: ADTN) has partnered with Waseela to introduce its 60GHz mmWave mesh solution in the Middle East. This collaboration aims to provide cost-effective Gigabit broadband services in regions where fiber deployment is challenging. Waseela, known for its telecom and ICT projects, will leverage ADTRAN's technology to enhance connectivity for residential and business needs. The solution's self-organizing mesh technology ensures low latency and resilience, benefiting various applications including 5G backhaul and smart city initiatives.

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.