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Case Studies

Case Studies

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    ADTRAN Wi-Fi Connects Galloway Township Public Schools to Cloud-Based Learning Tools
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    Dickson Public Schools Scales Wi-Fi and Connected Learning with ADTRAN
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    Wi-Fi to Skyrocket Wireless Capabilities - Madison County School System Leverages ADTRAN ProCloud for 20,000 Students
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    Gigabit Services Delivery - Northwest Indiana Telephone Company Delivers Greener Broadband Pastures to Rural Communities with ADTRAN
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    Gigabit Services Delivery - Jackson Energy Authority EnablesInnovation with Network Upgradeto Deliver Gigabit Services
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    High Performance Wi-Fi Network - Bissinger's Handcrafted Chocolatier Selects Bluesocket vWLAN
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    ADTRAN Bluesocket Virtual Wireless LAN (vWLAN) - The Tech-y Town of Westford Goes Wireless with vWLAN
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    High Performance Wi-Fi Network - ADTRAN’s Virtual Wireless LAN Supplies Complete Connectivity to the Municipality of Opera
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    ADTRAN ProCloud Wi-Fi - Caribbean Resort Achieves New Wi-Fi Horizons
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    ADTRAN virtual Wireless - LAN (vWLAN) Provides Wi-Fi Coverage Across the Sochi Winter Olympics
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    Super Charged Wi-Fi Network - Scott Robinson Automotive Group Accelerates Wireless Network Management with ADTRAN
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    ADTRAN’s vWLAN - Solution Replaces Ruckus Wireless to Eliminate Wi-Fi Complexity and Maximize Cost Savings
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    ADTRAN’s Bluesocket vWLAN Delivers Constant Wi-Fi Connectivity to Thousands of EICC Visitors - International
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    ADTRAN’s Bluesocket vWLAN Delivers Constant Wi-Fi Connectivity to Thousands of EICC Visitors - International
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    Gigabit Services - Delivery Blue Valley Tele-Communications Improves Quality of Life and Economic Growth in Rural Kansas
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    Gigabit Service Delivery - Canby Telecom Deploys First Gigabit Community in Pacific Northwest
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    Gigabit Services Delivery - Comporium Brings High Tech Jobs to Rock Hill, South Carolina with Innovative Zipstream Service
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    Gigabit Services Delivery - Pelican Bay Deploys Innovative Business Model to Ensure High-reliability and Highperformance Residential Broadband
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    Gigabit Services Delivery - Sycamore Telephone Company Expands Customer Market with ADTRAN FTTH
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Webinars

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jan. 19, 2016-- ADTRAN, Inc. (NASDAQ:ADTN) reported results for the fourth quarter 2015. For the quarter, sales were $139,013,000 compared to $143,982,000 for the fourth quarter of 2014. Net income was $5,718,000 compared to $9,292,000 for the fourth quarter of 2014. Earnings per share, assuming dilution, were $0.12 compared to $0.17 for the fourth quarter of 2014. Non-GAAP earnings per share were $0.16 compared to $0.19 for the fourth quarter of 2014. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided.

ADTRAN Chief Executive Officer Tom Stanton stated, “Revenue in the quarter came in better than expected, driven by growth in our U.S. Tier 1 and Tier 2 carrier business. Compared to the same period last year, Q4 domestic revenue was up over 20% due to a significant increase in our broadband sales. Additionally, improved gross margins and lower operating expenses helped us achieve better than expected operating income. We expect further improvement in the carrier environment as customers accelerate investments in upgrading their network infrastructure.”

The Company also announced that its Board of Directors declared a cash dividend for the fourth quarter of 2015. The quarterly cash dividend is $0.09 per common share to be paid to holders of record at the close of business on February 4, 2016. The ex-dividend date is February 2, 2016 and the payment date is February 18, 2016.

The Company confirmed that its fourth quarter conference call will be held Wednesday, January 20, 2016 at 9:30 a.m. Central Time. This conference call will be web cast live through StreetEvents.com. To listen, simply visit the Investor Relations site at www.adtran.com or www.streetevents.com approximately 10 minutes prior to the start of the call and click on the conference call link provided.

An online replay of the conference call will be available for seven days at www.streetevents.com. In addition, an online replay of the conference call, as well as the text of the Company's earnings release, will be available on the Investor Relations site at www.adtran.com for at least 12 months following the call.

ADTRAN, Inc. is a leading global provider of networking and communications equipment. ADTRAN’s products enable voice, data, video and Internet communications across a variety of network infrastructures. ADTRAN solutions are currently in use by service providers, private enterprises, government organizations, and millions of individual users worldwide. For more information, please visit www.adtran.com.

For more information, contact the company at 800 9ADTRAN (800 923-8726) or via email at This email address is being protected from spambots. You need JavaScript enabled to view it.. On the Web, visit www.adtran.com.

www.adtran.comThis press release contains forward-looking statements which reflect management’s best judgment based on factors currently known. However, these statements involve risks and uncertainties, including the successful development and market acceptance of new products, the degree of competition in the market for such products, the product and channel mix, component costs, manufacturing efficiencies, and other risks detailed in our annual report on Form 10-K for the year ended December 31, 2015 and Form 10-Q for the quarter ended March 31, 2016. These risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements included in this press release.

Condensed Consolidated Balance Sheet
(Unaudited)
(In thousands)

December 31,
2015

December 31,
2014

Assets
Cash and cash equivalents $ 84,550 $ 73,439
Short-term investments 34,396 46,919
Accounts receivable, net 71,917 88,502
Other receivables 19,321 33,295
Inventory 96,735 86,710
Prepaid expenses 4,943 5,129
Deferred tax assets, net 18,924 17,095
Total Current Assets 330,786 351,089
Property, plant and equipment, net 73,233 74,828
Deferred tax assets, net 18,091 17,694
Goodwill 3,492 3,492
Other assets 9,276 10,942
Long-term investments 198,026 280,649
Total Assets $ 632,904 $ 738,694
Liabilities and Stockholders' Equity
Accounts payable $ 48,668 $ 56,414
Unearned revenue 16,615 22,762
Accrued expenses 12,108 11,077
Accrued wages and benefits 12,857 13,855
Income tax payable, net 2,395 14,901
Total Current Liabilities 92,643 119,009
Non-current unearned revenue 7,965 10,948
Other non-current liabilities 24,236 30,924
Bonds payable 27,900 28,800
Total Liabilities 152,744 189,681
Stockholders' Equity 480,160 549,013
Total Liabilities and Stockholders' Equity $ 632,904 $ 738,694
Consolidated Statements of Income
(Unaudited)
(In thousands, except per share data)
Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Sales $ 139,013 $ 143,982 $ 600,064 $ 630,007
Cost of sales 76,574 75,499 333,167 318,680
Gross Profit 62,439 68,483 266,897 311,327
Selling, general and administrative expenses 30,339 31,793 123,542 131,958
Research and development expenses 29,300 32,711 129,876 132,258
Operating Income 2,800 3,979 13,479 47,111
Interest and dividend income 1,273 1,679 3,953 5,019
Interest expense (148 ) (152 ) (596 ) (677 )
Net realized investment gain 1,907 59 10,337 7,278
Other income (expense), net (1) (617 ) 2,790 (1,465 ) 1,175
Income before provision for income taxes 5,215 8,355 25,708 59,906
Provision for income taxes 503 937 (7,062 ) (15,286 )
Net Income $ 5,718 $ 9,292 $ 18,646 $ 44,620
Weighted average shares outstanding - basic 49,552 53,835 51,145 55,120

Weighted average shares outstanding - diluted (2)

49,643 54,085 51,267 55,482
Earnings per common share - basic $ 0.12 $ 0.17 $ 0.36 $ 0.81
Earnings per common share - diluted (2) $ 0.12 $ 0.17 $ 0.36 $ 0.80
(1) Results for the three and twelve months ended December 31, 2014 include a $2.4 million gain related to the settlement of working capital items from an acquisition that closed in 2012.
(2) Assumes exercise of dilutive stock options calculated under the treasury stock method.
Consolidated Statements of Comprehensive Income
(Unaudited)
(In thousands)
Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Net Income $ 5,718 $ 9,292 $ 18,646 $ 44,620
Other Comprehensive Income (Loss), net of tax:
Unrealized gains (losses) on available-for-sale securities (455 ) 1,077 (7,032 ) (1,773 )
Defined benefit plan adjustments 1,651 (4,866 ) 1,862 (4,866 )
Foreign currency translation 73 (2,007 ) (3,724 ) (4,189 )
Other Comprehensive Income (Loss), net of tax 1,269 (5,796 ) (8,894 ) (10,828 )
Comprehensive Income, net of tax $ 6,987 $ 3,496 $ 9,752 $ 33,792
Consolidated Statements of Cash Flows
(Unaudited)
(In thousands)
Twelve Months Ended
December 31,
2015 2014
Cash flows from operating activities:
Net income $ 18,646 $ 44,620

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization 14,245 14,845
Amortization of net premium on available-for-sale investments 2,402 4,360
Net realized gain on long-term investments (10,336 ) (7,278 )
Net loss on disposal of property, plant and equipment 644 142
Stock-based compensation expense 6,712 8,563
Deferred income taxes (692 ) (5,526 )
Tax impact from stock option exercises (40 ) 81
Excess tax benefits from stock-based compensation arrangements (3 ) (63 )
Change in operating assets and liabilities:
Accounts receivable, net 14,918 (3,910 )
Other receivables 11,704 (19,298 )
Inventory (11,323 ) 1,953
Prepaid expenses and other assets (625 ) (3,627 )
Accounts payable (5,826 ) 9,973
Accrued expenses and other liabilities (10,289 ) (166 )
Income tax payable, net (11,590 ) 11,168
Net cash provided by operating activities 18,547 55,837
Cash flows from investing activities:
Purchases of property, plant and equipment (11,753 ) (11,256 )
Proceeds from disposals of property, plant and equipment 183 1
Proceeds from sales and maturities of available-for-sale investments 280,435 230,019
Purchases of available-for-sale investments (188,921 ) (142,695 )
Net cash provided by investing activities 79,944 76,069
Cash flows from financing activities:
Proceeds from stock option exercises 961 2,839
Purchases of treasury stock (66,160 ) (80,576 )
Dividend payments (18,449 ) (19,947 )
Payments on long-term debt (1,100 ) (16,500 )
Excess tax benefits from stock-based compensation arrangements 3 63
Net cash used in financing activities (84,745 ) (114,121 )
Net increase in cash and cash equivalents 13,746 17,785
Effect of exchange rate changes (2,635 ) (2,644 )
Cash and cash equivalents, beginning of period 73,439 58,298
Cash and cash equivalents, end of period $ 84,550 $ 73,439
Supplemental disclosure of non-cash investing activities
Purchases of property, plant and equipment included in accounts payable $ 598 $ 467

Supplemental Information
Restructuring Expenses
(Unaudited)
(In thousands)

Restructuring expenses were recorded in the following Consolidated Statements of Income categories for the three and twelve months ended December 31, 2015 and 2014:

Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Restructuring expense included in cost of sales $ 5 $ - $ 112 $ -
Selling, general and administrative expense 8 - 846 -
Research and development expense 13 - 2,108 -
Restructuring expense included in operating expenses 21 - 2,954 -
Total restructuring expense 26 - 3,066 -
Provision for income taxes (10 ) - (1,196 ) -
Total restructuring expense, net of tax $ 16 $ - $ 1,870 $ -

Supplemental Information
Acquisition Related Expenses, Amortizations and Adjustments
(Unaudited)
(In thousands)

On August 4, 2011, we closed on the acquisition of Bluesocket, Inc. and on May 4, 2012, we closed on the acquisition of the Nokia Siemens Networks Broadband Access business (NSN BBA). Acquisition related expenses, amortizations and adjustments for the three and twelve months ended December 31, 2015 and 2014 for both transactions are as follows:

Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Bluesocket, Inc. acquisition
Amortization of acquired intangible assets and other purchase accounting adjustments $ 174 $ 226 $ 817 $ 925
NSN BBA acquisition
Amortization of acquired intangible assets 227 269 928 1,153
Amortization of other purchase accounting adjustments 48 222 443 1,117
Acquisition related professional fees, travel and other expenses 14 193 75 282
Subtotal 289 684 1,446 2,552
Total acquisition related expenses, amortizations and adjustments 463 910 2,263 3,477
Provision for income taxes (158 ) (300 ) (767 ) (1,151 )
Total acquisition related expenses, amortizations and adjustments, net of tax $ 305 $ 610 $ 1,496 $ 2,326

The acquisition related expenses, amortizations and adjustments above were recorded in the following Consolidated Statements of Income categories for the three and twelve months ended December 31, 2015 and 2014:

Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Revenue (adjustments to deferred revenue recognized in the period) $ 16 $ 73 $ 212 $ 601
Cost of goods sold 3 67 55 171
Subtotal 19 140 267 772
Selling, general and administrative expenses 18 200 92 310
Research and development expenses 426 570 1,904 2,395
Subtotal 444 770 1,996 2,705
Total acquisition related expenses, amortizations and adjustments 463 910 2,263 3,477
Provision for income taxes (158 ) (300 ) (767 ) (1,151 )
Total acquisition related expenses, amortizations and adjustments, net of tax $ 305 $ 610 $ 1,496 $ 2,326
Supplemental Information
Stock-based Compensation Expense
(Unaudited)
(In thousands)
Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
Stock-based compensation expense included in cost of sales $ 78 $ 120 $ 280 $ 479
Selling, general and administrative expense 1,035 1,096 3,261 4,185
Research and development expense 811 1,051 3,171 3,899
Stock-based compensation expense included in operating expenses 1,846 2,147 6,432 8,084
Total stock-based compensation expense 1,924 2,267 6,712 8,563
Tax benefit for expense associated with non-qualified options (242 ) (279 ) (862 ) (1,157 )
Total stock-based compensation expense, net of tax $ 1,682 $ 1,988 $ 5,850 $ 7,406
Reconciliation of GAAP net income per share, diluted, to
Non-GAAP net income per share, diluted
(Unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
2015 2014 2015 2014
GAAP earnings per common share – diluted $ 0.12 $ 0.17 $ 0.36 $ 0.80
Restructuring expense - - 0.04 -
Acquisition related expenses, amortizations and adjustments 0.01 0.01 0.03 0.04
Settlement of acquisition related working capital items - (0.03 ) - (0.03 )
Stock-based compensation expense 0.03 0.04 0.11 0.13
Non-GAAP earnings per common share – diluted $ 0.16 $ 0.19 $ 0.54 $ 0.94

Source: ADTRAN, Inc.

ADTRAN, Inc.
Roger Shannon, 256-963-8775
Senior Vice President & CFO
or
Investor Services/Assistance:
Gayle Ellis, 256-963-8220
Investor Services

Press Releases

  • ADTRAN Wins 2017 Leading Lights Award for Most Innovative SDN/SD-WAN Product Strategy +

    HUNTSVILLE, Ala--(May 17, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that ADTRAN Mosaic is the winner of the Light Reading 2017 Leading Lights Awards in the Most Innovative SDN/SD-WAN Product Strategy (Vendor) category. The Leading Lights winners were announced at an awards dinner on Monday, May 15, in Austin, Texas, on the eve of the Big Communications Event.. Now in its 13th year, Leading Lights is the communications industry's leading awards program, recognizing top companies and executives each year for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovations. “As telecom and cable operators seek to optimize their networks for service velocity, agility and differentiation, ADTRAN Mosaic is the leading SD-Access solution providing the path to modular, component-based network architectures that are open, programmable and scalable,” said Gary Bolton, vice president of marketing, ADTRAN. “We are honored to receive the Leading Lights Award for most innovative SDN/SD-WAN solution as we work to continue to meet our customers’ evolving network architecture needs. This represents the eighth industry award for Mosaic.” ADTRAN Mosaic enables service providers to accelerate their path to SD-Access architecture, allowing them to better compete with emerging OTT providers operating Read More
  • ADTRAN Appoints Gregory McCray, CEO of Access, to Board of Directors +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced that the Board of Directors has appointed Gregory McCray, CEO of Alphabet’s Access Company, the Alphabet subsidiary that oversees Google Fiber, as a director. Mr. McCray’s extensive background in driving the connected future will be a tremendous asset to ADTRAN’s Board as the company continues to focus on expanding Gigabit broadband speeds to support the broader demands of smart cities, the Internet of Things and software-defined networking. “Over the past decade, the telecommunications market has undergone several fundamental shifts in terms of how networks are designed, services are developed and what types of organizations deliver those services. Greg brings tremendous management and international experience that will greatly benefit our team as we look to leverage these shifts to create shareholder and organizational value,” said Thomas Stanton, chairman and CEO of ADTRAN. “The pace of change in our industry has accelerated, requiring more nimble and flexible approaches as we continue to drive innovation, expand our reach and transform the way people live, work and play. I believe that this is a perfect time for someone of Greg’s vision and experience to join our board.” Mr. Read More
  • 05/09/17 - ADTRAN Advances Gigabit Society by Eliminating Copper Bondage +

    New market-ready reverse powered G.fast 212MHz and cDTA solutions allow service providers to expand symmetric Gigabit services over a single pair. HUNTSVILLE, Ala--(May 9, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that it will be conducting the first public demonstration of the ITU-T’s two most recent G.fast advancements, 212MHz and coordinated dynamic time allocation (cDTA), at the G.fast Summit 2017 in Paris, France, May 9-11, 2017. These advances enable the delivery of symmetric Gigabit services over a single copper pair, mitigating the need to bond multiple pairs of copper. For the first time, service providers can use a single technology to easily extend business-class Gigabit speeds over existing wiring. “Advancements in consumer electronics and applications continue to drive consumer bandwidth demands in the direction of Gigabit broadband. At the same time, governments around the world are increasingly recognizing that much of their future competitiveness will come in the form of digital innovation. They are implementing policies encouraging investments in telecommunications technologies that enable the vision of a Gigabit Society, which will underpin their digital competitiveness strategies,” said Ronan Kelly, CTO EMEA and APAC for ADTRAN. “ADTRAN’s demonstration of our G.fast Gigabit solutions reinforces our Read More
  • ADTRAN, Inc. to present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference on May 24, 2017 +

    HUNTSVILLEHUNTSVILLE, Ala. --ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that ADTRAN representatives will present at the 45th Annual J. P. Morgan Global Technology, Media and Telecom Conference in Boston. ADTRAN representatives will provide an update on the company, take a look at the year ahead and discuss industry trends that can impact the market and ADTRAN’s business. What: 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference When: May 24th, 2017 Time: 11;20 am ET Where: The Westin Copley Place, Boston MA The matters discussed at this conference may include certain forward-looking statements that represent the Company’s expectations or beliefs and reflect management’s best judgment based on factors currently known. These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in the sections captioned “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in the Company’s filings with the Securities and Exchange Commission. About ADTRAN ADTRAN, Inc. Read More
  • 04/18/17 - ADTRAN, Inc. Reports Record Results for the First Quarter 2017 and Declares Quarterly Cash Dividend +

    ADTRAN, Inc. Reports Record Results for the First Quarter 2017 and Declares Quarterly Cash Dividend HUNTSVILLE, Ala.--(BUSINESS WIRE)--Apr. 18, 2017-- ADTRAN, Inc. (NASDAQ:ADTN) reported results for the first quarter 2017. For the quarter, sales were $170.3 million compared to $142.2 million for the first quarter of 2016. Net income was $6.7 million compared to $5 million for the first quarter of 2016. Earnings per share, assuming dilution, were $0.14 compared to $0.10 for the first quarter of 2016. Non-GAAP earnings per share were $0.18 compared to $0.14 for the first quarter of 2016. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided. ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We started 2017 setting a company record for first quarter revenue, driven by increasing momentum in our ultra-broadband product sales and continuing strength in our services area. Most notably, we had very strong performances in our fiber to the premises and vectoring products in both our domestic and international markets. ADTRAN continues to be at the forefront of enabling internet service providers of all types to meet increasing customer demand and decrease their time to market for next generation Read More
  • 4/10/17 - ADTRAN Delivers Vocus a Business Service Platform for the Future +

    ADTRAN Delivers Vocus a Business Service Platform for the Future SYDNEY(April 10, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced at the CommsDay Summit 2017 that Vocus Communications is deploying a range of its next generation access technologies including ADTRAN’s XGS-PON and Mosaic architecture. The deployment, which is in its final stages of preparedness, will further enable high utilization of Vocus’ extensive metro fiber network whilst enabling 10Gbits/s symmetrical business grade capacity. Vocus has built a world-class telecommunications infrastructure platform across Australia that maximizes network investment, streamlines operational costs and offers the flexible price points needed for supplying business and backhaul services as well as residential applications. Vocus will be utilizing ADTRAN’s Multi Service Access Nodes, 10G Optical Line Termination (OLT) equipment and 10G Optical Network Termination (ONT) units to build out the 10G PON deployment. Additionally, Vocus will be using the ADTRAN Mosaic Cloud Platform as an open microservices architecture providing network management and SDN control for the 10Gbps services access network. ADTRAN Mosaic unlocks control and management functions from the underlying network elements, enabling a more flexible, agile services delivery framework. “Supplying service providers with technology such as XGS-PON gives them a symmetrical, Read More
  • 4/10/17 - ADTRAN Expands ProCloud Subscription Services Suite, Increasing Business Revenue Opportunities +

    ADTRAN Expands ProCloud Subscription Services Suite, Increasing Business Revenue Opportunities ADTRAN’s growing alliance portfolio enables partners to easily and profitably deliver cloud-based solutions HUNTSVILLE, Ala--(April 10, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced it is expanding its ProCloud Subscription Services Suite. The offering now features four solution categories, ProCloud Unified Communications, ProCloud Security, ProCloud Analytics and ProCloud Network Management. ADTRAN is breaking new ground by assembling and integrating a truly comprehensive open network of applications available via a monthly subscription. ADTRAN’s Managed Service Provider (MSP) partners will benefit from this all-in-one platform to better meet increasing customer demand for cloud-based services. ADTRAN’s ProCloud Subscription Services Suite makes managed services easy, by bringing together best-in-breed cloud-based business applications in a central place without the hassle of having to work with multiple vendors and platforms. This includes the following over the top (OTT) applications that represent the next evolution in technology delivery: ProCloud Unified Communications ProCloud UC powered by BroadSoft – a cloud-based communications bundle that supports business services including mobility, instant messaging, HD audio, video conferencing and group collaboration. ProCloud Security Web Filtering powered by TitanHQ – a cloud-based content control solution with compliance and reporting, all Read More
  • 4/10/17 - ADTRAN Adds Unified Communications to ProCloud Subscription Services Suite +

    ADTRAN Adds Unified Communications to ProCloud Subscription Services Suite Powered by BroadSoft, integrated ProCloud UC provides carrier-grade service delivery under a simple subscription sales model. HUNTSVILLE, Ala.--(April 10, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced the launch of ADTRAN’s ProCloud UC powered by BroadSoft (NASDAQ:BSFT). The addition of the BroadCloud call control platform to ADTRAN’s ProCloud Subscription Services Suite enables Managed Service Provider (MSP) partners to expand their cloud-based unified communications (UC) offerings. ADTRAN is one of the first network infrastructure partners that BroadSoft is collaborating with through this unique model, selecting ADTRAN for its experience as a trusted partner for a breadth of advanced voice and networking infrastructure. The BroadSoft partnership represents one of the first of many open network alliances enabling ADTRAN’s partners to increase revenue opportunities with best-of-breed networking and application services. “As more businesses look to adopt cloud services, there is the risk of businesses adopting applications from multiple providers that can be challenging to manage separately, and the wide variety of options can be overwhelming,” said Diane Myers, senior research director, IHS Markit. “The approach ADTRAN is taking with BroadSoft gives MSPs the opportunity to leverage an integrated cloud Read More
  • 3/31/17 - ADTRAN and AT&T Team Up to Host ITU-T Q4/15 with a Focus to Accelerate G.fast Features and Capabilities +

    ADTRAN and AT&T Team Up to Host ITU-T Q4/15 with a Focus to Accelerate G.fast Features and Capabilities Industry leaders pave the way for further Gigabit services expansion HUNTSVILLE--(BUSINESS WIRE)Ala.--(April 3, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced it will co-host the International Telecommunications Union’s Telecommunication Standardization Sector (ITU-T) Q4/15 Group Meeting this week with AT&T at ADTRAN’s headquarters in Huntsville, Ala., April 3-7, 2017. As a leader in broadband access technology, this is the latest venue where the company is lending its domain expertise to the industry. ADTRAN continues to be an integral member of the ITU-T and contributor to its work in shaping and driving telecom standards. This year marks the 20th anniversary of the ITU-T Q4/15 Group’s dedication to developing international standards for information and communication technologies. As ITU-T’s only study group focusing on copper access technology, it aims to cover the important standardizations on DSL technologies, such as G.fast and VDSL2. Attendees at this week’s meeting, including AT&T, British Telecommunications and Deutsche Telekom, will look to accelerate new G.fast features that achieve more symmetric service rates, higher service rates and adaption for delay critical applications. “Advances in broadband technologies have Read More
  • 3/30/17 - ADTRAN, Inc. to Release First Quarter Earnings on April 18, 2017 +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--March. 30, 2017-- ADTRAN, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the first quarter 2017 after market close on Tuesday, April 18, 2017. The Company will conduct a conference call to discuss the results for the quarter. What: ADTRAN Earnings Call When: 9:30 a.m. Central Time on Wednesday, April 19, 2017 Where: www.adtran.com/investor Read More
  • 03/28/17 - Broadband Forum Recognizes ADTRAN’s SD-Access Leadership and Industry Contributions +

    Broadband Forum Recognizes ADTRAN’s SD-Access Leadership and Industry Contributions ADTRAN’s expertise recognized for its critical role in driving software-defined broadband services HUNTSVILLE--(BUSINESS WIRE)--(March 28, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that the Broadband Forum has recognized ADTRAN for its domain knowledge and industry contributions in advancing software defined access (SD-Access) for broadband networks. Joey Boyd, design engineer for ADTRAN, has received the Broadband Forum’s Circle of Excellence award for his major contributions in the first YANG data models released by the Broadband Forum, which enables the industry to move towards a service-oriented approach to network management. Additionally, Ken Ko, senior staff scientist for ADTRAN, has been named to the Broadband Forum’s Board of Directors, where he and other leading service provider and supplier members will set the future direction of the Broadband Forum. Boyd’s Circle of Excellence award recognition stems from his work tailoring YANG models to specific network and equipment context. His leadership and cooperation with other vendor members has fast-tracked the Broadband Forum’s development of its YANG data models. “The Broadband Forum has always been about bringing the best and brightest minds together to solve unique challenges the broadband industry faces Read More
  • 03/14/17 - ADTRAN Surpasses its 10 Millionth Vectoring Port Shipment +

    ADTRAN Surpasses its 10 Millionth Vectoring Port Shipment ADTRAN’s domain expertise and industry leadership in vectoring solutions enables network operators to ramp 100Mbps service offerings to meet market demands HUNTSVILLE--(BUSINESS WIRE)--Mar. 14, 2017-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, announced that it has shipped its 10 millionth vectoring port as network operators in the U.S. and Europe look to maximize any and all paths to ultra broadband service delivery. Crossing this milestone demonstrates how ADTRAN’s industry-leading access portfolio is having an immediate and long-term impact as networks scale and users demand increased capacity at work, home and play. ADTRAN’s market leadership has grown over the past four quarters as the company shipped now more DSL and VDSL2 vectoring ports in North America than all other vendors combined. VDSL2 vectoring is key to network operators’ broadband strategy to deliver 100Mbps services using their existing DSL infrastructure that may only provide 10Mbps service today. Ideal for urban deployments and multi-dwelling units, vectoring presents a scalable, highly leverageable approach to delivering ten times the DSL capacity, creating a truly immersive consumer experience that millennials and other tech-savvy consumers crave. “To meet our customers’ broadband needs, we continue to Read More
  • 03/01/17 - ADTRAN Mobilizes Software Defined Access +

    ADTRAN Mobilizes Software Defined Access Open and agile “x”haul solutions to drive availability, flexibility and choice in 5G services BARCELONA/Mobile World Congress -- (March 1, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced its ongoing commitment to ensuring that access networks are open, programmable and affordable as carriers look to lay the foundations for 5G. 5G promises network connectivity 10 to 100 times faster than 4G networks, with latency of less than 1msec, making real-time applications such as mixed reality and autonomous vehicles enabled by this 5th generation of mobile networks. To fully leverage the potential of 5G, several industry shifts must occur. First, service providers will need to deploy of a large number of radios closer to the edge of the network to provide the performance levels necessary to seamlessly deliver bandwidth-intensive applications like mobile video and virtual or augmented reality. Second, the industry must also align on the need for more transport-friendly Ethernet backhaul. Third, the industry must extend the SDN/NFV initiatives to the 5G mobile network core across the access network in the form of software defined access (SD-Access). SD-Access for 5G incorporates point-to-point (P2P) and point-to-multipoint (P2MP) next-generation PON and will take Read More
  • 02/28/17 - ADTRAN Advances CORD Architectures for Mobile, Work and Home +

    ADTRAN Advances CORD Architectures for Mobile, Work and Home Sets the foundation to bring datacenter economies and cloud agility to service providers with defined CORD use cases for residential, mobile and enterprise networks BARCELONA/Mobile World Congress-- (February 28, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, announced that it is building on the early market leadership of its CORD® (Central Office Re-architected as a Datacenter) compliant portfolio and broadening the use cases so these open principles can be applied over any network infrastructure and for every customer segment. Whether it is 10G PON over fiber, G.fast over copper or coax, DOCSIS 3.1 over coax, or 5G wireless, these software-defined access (SD access) technologies are all foundational for establishing Gigabit Societies and the carriers’ ability to realize their goal of creating a platform economy. ADTRAN believes that its open, programmable CORD network architecture approach is instrumental as its customers look to create a simplified service delivery platform that can leverage a wide range of next-generation access technologies for fixed or mobile connectivity. Carriers are looking to leverage their investments in broadband to drive revenue and rapidly create new services outside of the confines of traditional closed proprietary systems. Read More
  • 01/17/17 - ADTRAN, Inc. Reports Results for the Fourth Quarter 2016 and Declares Quarterly Cash Dividend +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jan. 17, 2017-- ADTRAN, Inc. (NASDAQ:ADTN) reported results for the fourth quarter 2016. For the quarter, sales were $162,986,000 compared to $139,013,000 for the fourth quarter of 2015. Net income was $7,572,000 compared to $5,718,000 for the fourth quarter of 2015. Earnings per share, assuming dilution, were $0.16 compared to $0.12 for the fourth quarter of 2015. Non-GAAP earnings per share were $0.21 compared to $0.16 for the fourth quarter of 2015. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided. ADTRAN Chief Executive Officer Tom Stanton stated, “Our revenue and EPS performance for the quarter exceeded expectations with total revenue increasing 17% over the same period last year. The solid fourth quarter and full year performance was a result of strong growth in our domestic business, driven by our leading market positions in CAF II and ultra-broadband solutions, continued growth in our services business, and the rebound of our international business. Our services and international businesses grew 55% and 46% respectively over the same period last year. Global demand for broadband continued to grow as we bolstered our market positions in the U.S and Europe. We continue Read More
  • 01/11/17 - First Phase of Verizon’s NG-PON2 Interoperability Trials with ADTRAN Mosaic SD-Access Solution Completed +

    First Phase of Verizon’s NG-PON2 Interoperability Trialswith ADTRAN Mosaic SD-Access Solution Completed LEARN MORE - NG-PON2 Trial completion yields positive results for precedent setting Day-1 NG-PON2 interoperability HUNTSVILLE, Ala.--(January 11, 2017)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, participated in Verizon’s recent interoperability trial of NG-PON2 technology. The trial, which featured several different technology suppliers and was aligned with Verizon’s Open OMCI specification (defining the OLT-to-ONT interface and will be shared with the industry in the next few months), proved that multi-vendor solutions for both the optical line termination (OLT) on the service provider end and the optical network terminal (ONT) on the customer end can greatly expand the bandwidth delivered without impacting existing broadband subscribers on the same fiber line. This trial further showcases the improved service scalability and operational elasticity that NG-PON2 provides. This includes the highest level of bandwidth flexibility, maximizing SDN/NFV network automation and allowing for the rapid creation and delivery of customer services. The trial featured the ADTRAN Mosaic™ Software Defined (SD-Access) solution that is specifically designed to reduce the overall cost of operations when delivering converged 10G services through the highly-scalable ADTRAN SDX network elements and SDN orchestration from the ADTRAN Mosaic Read More
  • 12/07/16 - ADTRAN, Inc. to present at the Cowen and Company Networking and Cybersecurity Summit on December 14, 2016 +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--Dec. 7, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that ADTRAN representatives will present at the Cowen and Company Networking and Cybersecurity Summit on December 14, 2016 at 12:30 pm to be held at the W Hotel in New York. ADTRAN representatives will provide an update on the company, take a look at the year ahead and discuss industry trends that can impact the market and ADTRAN’s business. During the course of their presentation, ADTRAN’s representatives expect to make forward-looking statements which reflect management’s best judgment based on factors currently known. However, these statements involve risks and uncertainties including the successful development and market acceptance of core products; the degree of competition in the market for such products; the product and channel mix, component costs, manufacturing efficiencies and other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2015 and Form 10-Q for the quarter ending September 30, 2016. These risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements which may be made during the discussion. About ADTRAN ADTRAN, Inc. is a leading global provider of networking and Read More
  • 12/07/16 - ADTRAN Enables Micro-community of the Future in Texas +

    Fiber network at Walsh will deliver up to 10Gig broadband to homes, businesses, schools, healthcare facilities and more HUNTSVILLE, Ala.--(BUSINESS WIRE)--Dec. 7, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced that, through its successful Enabling Communities, Connecting Lives program, it is helping to lay the foundation to build and connect Smart Cities and micro-communities across the country, including the recently announced Walsh community in Fort Worth, Texas. Developed by Republic Property Group, the 7,200-acre Texas neighborhood will feature the fastest residential fiber network in the country. Frog, a next-generation technology and internet provider, has designed the infrastructure and connectivity for homes and businesses at Walsh, and will leverage ADTRAN’s Gigabit broadband platform to help bring 10Gig internet speeds to Fort Worth. “Our goal is for Walsh to become a new center of innovation for Texas and the nation. To deliver on that vision, Frog assembled a team on the forefront of infrastructure development that could imagine and design technology solutions at Walsh that treat internet connectivity as a fourth utility, requiring the same weight as a community’s need for reliable water, gas and electricity,” said Tony Ruggeri, co-CEO of Republic Property Group. “ADTRAN’s Read More
  • 11/08/16 - ADTRAN Gives Wireless Network Control Back to the Enterprise +

    DynamicSteering technology and new 802.11ac Wave 2 access points ease IT management burden as wireless devices proliferate via BYOD and IoT HUNTSVILLE, Ala.--(November 8, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced it is enabling the IT department to regain control of the Wi-Fi network with the launch of the Bluesocket 3040 series 802.11ac Wave 2 access points (APs) and DynamicSteering technology. The latest additions to ADTRAN’s cloud-managed Bluesocket vWLAN suite enable IT staff to intelligently manage the proliferation of devices accessing the enterprise network. ADTRAN provides the enterprise with intelligent management capabilities that help enhance network efficiency, as well as provide an exceptional mobile end user experience. “Almost two out of three devices will be mobile, which illustrates just how central mobility, and by extension wireless networks, have become in network planning. Wearables are growing 53% by 2017, tablets by 50%, VoWLAN handsets by 29%, laptops and handheld/rugged computers by 26% and smartphones by 22%,” cited Matthias Machowinski, research director at IHS Markit, in a survey titled “Wireless LAN Strategies and Vendor Leadership.” The growth that IHS predicts will only continue, further driving the need for better Wi-Fi network management. Today, each mobile device Read More
  • 11/07/16 - ADTRAN and Spirent Demonstrate the Future of User-Driven Services at MEF16 +

    Proof of Concept showcases fully automated provisioning and assurance of CE Services over SDN-controlled NG-PON2 networks Baltimore,MD.--(BUSINESS WIRE)--November 7, 2016 – ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, and Spirent Communications, a leading provider of intelligent service assurance solutions, today will demonstrate zero-touch, end-user initiated on-boarding of cloud-based 10G Carrier Ethernet (CE) services over SDN-controlled NG-PON2 networks as part of the MEF16 Proof of Concept (PoC) Showcase. The MEF16 PoC highlights a select group of innovative technologies that address critical, leading edge service provider needs. The ADTRAN-Spirent PoC fully automates the on-boarding process for 10G services, allowing new or upgraded services to be activated within minutes of a customer request. In addition, the PoC demonstrates how the network can automatically verify newly provisioned services and isolate service-impacting issues as a means to improve end-user quality of experience and ensure Service Level Agreements (SLAs) are met. “Service providers recognize the importance of shifting to a more customer-centric model where end users can request new or upgraded services and be assured high-quality services will be activated within minutes,” said Mano Nachum, senior director of product line management at Spirent. “Lumos enables this customer-centric shift by allowing service assurance Read More
  • 11/07/16 - ADTRAN Takes Software Defined Access to the Very Edge of Residential and Enterprise Markets +

    SD-Access unleashes lucrative user-driven service delivery model HUNTSVILLEAla.--(November 7, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced the availability of its highly programmable 10G-PON SD-Access portfolio of residential and business gateways powered by ADTRAN Mosaic™ OS. The cost-effective, highly-elastic SD-Access gateways are natively integrated into the ADTRAN Mosaic Cloud architecture, extending SDN control to the customer edge and supporting service orchestration across the entire access network. The ADTRAN SDX 600 gateways and Mosaic OS represent the culmination of ADTRAN’s market-leading assets by integrating field-proven business VoIP, Carrier Ethernet and dynamic RF management and Self Optimizing Network (SON) capabilities into residential solutions. “Service providers have historically faced a common problem with ONTs being closed and proprietary. Native SDN control allows for greatly simplified interoperability, breaking service providers out of the vendor lock-in that exists in traditional PON systems,” said Julie Kunstler, principal analyst, Ovum. “A direct cloud to subscriber edge, software-defined management architecture, like ADTRAN’s, removes the need for lengthy multi-vendor integration cycles and enables the service provider to rapidly evolve its service offerings by taking advantage of emerging technologies.” The highly-programmable ADTRAN SDX 600 residential and business 10 Gigabit gateways are the first of their Read More
  • 10/19/16 - ADTRAN Primes a Countrywide G.fast Deployment in Israel with Bezeq +

    Phase 1 begins this week using ADTRAN G.fast solutions in a variety of deployment scenarios ahead of mass rollout in 2017 LONDON--(BUSINESS WIRE)--Oct. 19, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced it is the prime project vendor in a countrywide G.fast deployment for Israeli incumbent operator Bezeq. The initial phase, involving a suite of G.fast distribution point unit (DPU) and CPE solutions from ADTRAN’s Mosaic© SD-Access portfolio, will represent one of the largest ongoing G.fast deployments in the world. The mass G.fast rollout will quickly establish Israel at the forefront of digital nations, bringing ultrafast broadband capabilities to citizens at a record pace. ADTRAN’s IP68 sealed G.fast solutions, serving as the foundational element for Bezeq’s G.fast plans, allow deployment with confidence due to ADTRAN’s global leadership in the growing sealed micro DSLAM segment. “ADTRAN’s advanced G.fast innovation makes it the clear choice for our G.fast rollout, helping us rapidly serve customers across Israel with new, transformative broadband services,” said Bezeq CTIO, Yaki Zano. “ADTRAN’s collaborative involvement in our strategic development has given us a robust and flexible technology roadmap for the future of our broadband access network, ready to confront new opportunities.” Read More
  • 10/18/16 - ADTRAN, Inc. Reports Results for the Third Quarter 2016 and Declares Quarterly Cash Dividend +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--Oct. 18, 2016-- ADTRAN, Inc. (NASDAQ:ADTN) reported results for the third quarter 2016. For the quarter, sales were $168,890,000 compared to $158,078,000 for the third quarter of 2015. Net income was $12,415,000 compared to $7,067,000 for the third quarter of 2015. Earnings per share, assuming dilution, were $0.26 compared to $0.14 for the third quarter of 2015. Non-GAAP earnings per share were $0.26 compared to $0.19 for the third quarter of 2015. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided. ADTRAN Chief Executive Officer Tom Stanton stated, “Our revenue performance for the quarter exceeded expectations with total revenue increasing 7% over the same period last year. I am particularly pleased to see our international business grow 42 percent over the previous quarter and 7 percent year-over-year, driven by stronger broadband access sales in Europe. I am also pleased with the continued growth in our services business which increased 35 percent over the previous quarter and grew 63 percent year-over-year as we execute on our leading market position in CAF II and vectoring solutions and services. We continue to believe that ADTRAN's ability to help service providers grow Read More
  • 10/18/16 - ADTRAN Doubles G.fast Speed with Dynamic Time Allocation +

    New SD-Access innovation acts as bandwidth valve; auto-adjusting upstream and downstream ratios in response to user application behaviour, accelerating Gigabit services LONDON--(BUSINESS WIRE)--Oct. 18, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced the availability of a new capability for G.fast deployments – Dynamic Time Allocation (DTA) – that allows subscribers to maximize the total bandwidth of a G.fast connection by transmitting data upstream or downstream intelligently to provide a fibre to the home (FTTH) user experience. ADTRAN has been demonstrating this innovation to operators globally for low crosstalk G.fast environments, providing operators an alternative to installing Cat 6, Cat5e or fibre optic cable to provide symmetric Gigabit data rates. DTA disrupts the concept of Time Division Duplex (TDD) used by G.fast and other broadband access technologies which, until now, have been based on the “set-and-forget” configuration of uplink and downlink ratios (either symmetric or some degree of asymmetric) at the G.fast distribution point unit (DPU). DTA responds to user activity in the order of milliseconds, equipping the user with full stream broadband performance while giving the perception of a full capacity symmetric broadband experience. This approach achieves up to double the speed of an equivalent Read More
  • 10/18/16 - ADTRAN Delivers Software Defined Access Network Elements +

    Open, programmable network elements deliver network scale, agility and broadband service velocity LONDON--(BUSINESS WIRE)--Oct. 18, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced the first set of network elements to take SDN beyond principal framework to actual product implementation in broadband access networks. These Software Defined Access (SD-Access) network elements leverage the ADTRAN Mosaic© architecture to accelerate service providers’ path to open, programmable and scalable networks. SD-Access architectures allow service providers to operate at web-scale, supporting expanded service flexibility and velocity. ADTRAN’s programmable network elements leverage agile, real-time service configuration typically found in the data center and apply it to the service provider’s access network. ADTRAN’s end-to-end suite of software defined network elements, the SDX Series, includes the following: High-density Passive Optical Network Optical Line Terminals (PON OLTs) Fiber-To-The-Distribution Point (FTTdp), leveraging copper and coax IP/Ethernet aggregation, fabric and Carrier Ethernet 2.0 access switches/routers Highly-programmable customer devices such as residential gateways, Wi-Fi Access Points and virtual CPE that together span the entire access network from cloud to subscriber edge By deploying the SDN-native SDX portfolio in concert with a cloud platform, such as ADTRAN Mosaic, service providers can realize data center economies and agility Read More
  • 10/06/16 - ADTRAN, Inc. to Release Third Quarter Earnings on October 18, 2016 +

    HUNTSVILLE,Ala.--(BUSINESS WIRE)--Oct. 6, 2016-- ADTRAN, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the third quarter 2016 after market close on Tuesday, October 18, 2016. The Company will conduct a conference call at 9:30 a.m. Central Time on Wednesday, October 19, 2016 to discuss the results. In addition, ADTRAN will webcast this conference call live through the StreetEvents.com service. To listen, simply visit the Investor Relations site at www.adtran.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. An online replay of the conference call, as well as the text of the Company's earnings release, will be available on the Investor Relations site at www.adtran.com for at least 12 months following the call. ADTRAN, Inc. is a leading global provider of networking and communications equipment. ADTRAN’s products enable voice, data, video and Internet communications across a variety of network infrastructures. ADTRAN solutions are currently in use by service providers, private enterprises, government organizations, and millions of individual users worldwide. For more information, contact the company at 800 9ADTRAN (800 923-8726) or via email at This email address is being protected from spambots. You need JavaScript enabled to view it.. On the Web, visit www.adtran.com. View source version on businesswire.com: Read More
  • 10/04/16 - ADTRAN, Inc. to Release Fourth Quarter Earnings on January 17, 2017 +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jan. 4, 2017-- ADTRAN, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the fourth quarter 2016 after market close on Tuesday, January 17, 2017. The Company will conduct a conference call at 9:30 a.m. Central Time on Wednesday, January 18, 2017 to discuss the results. In addition, ADTRAN will webcast this conference call live through the StreetEvents.com service. To listen, simply visit the Investor Relations site at www.adtran.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. An online replay of the conference call, as well as the text of the Company's earnings release, will be available on the Investor Relations site at www.adtran.com for at least 12 months following the call. ADTRAN, Inc. is a leading global provider of networking and communications equipment. ADTRAN’s products enable voice, data, video and Internet communications across a variety of network infrastructures. ADTRAN solutions are currently in use by service providers, private enterprises, government organizations, and millions of individual users worldwide. For more information, contact the company at 800 9ADTRAN (800 923-8726) or via email at This email address is being protected from spambots. You need JavaScript enabled to view it.. On the Web, visit www.adtran.com. View source version on Read More
  • 10/04/16 - ADTRAN’s ECCL Program Provides Framework for European Commission’s Gigabit Society Initiative +

    ADTRAN’s Enabling Communities, Connecting Lives Program Provides Framework for European Commission’s Gigabit Society Initiative Leveraging best practices and resources, ECCL will help EMEA network operators successfully drive deployments and spur economic growth LONDON--(BUSINESS WIRE)--Oct. 4, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, announced today that it has extended its successful Enabling Communities, Connecting Lives (ECCL) program to the entire EMEA region. ECCL will be a useful support program of the European Commission’s recently announced Connectivity for a European Gigabit Society Initiative. ADTRAN’s ECCL program has already fostered economic development and transformation in a growing number of communities in North America through the sustainable delivery of ultrafast and Gigabit broadband services, driven by ADTRAN’s FTTP, G.fast and VDSL vectoring solutions. From an operator deployment and community engagement standpoint, it can serve as a model for network operators throughout EMEA that want to leverage best practices, understand market impact and create partnerships that can help drive adoption. “Communities, network operators and equipment vendors must work together if the European Commission’s vision of Digital Single Market will become a reality,” said Tony Shortall, director at Telage and former economic advisor to the European Commission. “Ultrafast broadband connections Read More
  • 09/13/16 - ADTRAN, Inc. Reports Results for the Second Quarter 2016 and Declares Quarterly Cash Dividend +

    HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jul. 12, 2016-- ADTRAN, Inc. (NASDAQ: ADTN) reported results for the second quarter 2016. For the quarter, sales were $162,701,000 compared to $160,138,000 for the second quarter of 2015. Net income was $10,228,000 compared to $2,544,000 for the second quarter of 2015. Earnings per share, assuming dilution, were $0.21 compared to $0.05 for the second quarter of 2015. Non-GAAP earnings per share were $0.25 compared to $0.10 for the second quarter of 2015. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided. ADTRAN Chief Executive Officer Tom Stanton stated, “ADTRAN delivered solid revenue and earnings results for the quarter due to strength in our domestic market and gross margin improvement. Growth in the U.S. market was led by our FTTP and 100 megabit portfolios, along with continued growth in our CAF II and Ethernet solutions. Our Services business also continued its strong growth with a 51% revenue increase year-over-year. Customers around the world are increasingly recognizing the benefits of deploying ultra-high speed broadband and are leveraging ADTRAN’s unique domain leadership and expertise in planning, developing and deploying business and residential services.” The Company also announced that its Board Read More
  • 09/13/17 - ADTRAN’s Turnkey Network Design Services Cut Deployment Time in Half +

    ADTRAN’s Turnkey Network Design Services Cut Deployment Time in Half CAF I and CAF II fund recipients turn to ADTRAN for its unmatched domain expertise to augment internal teams HUNTSVILLE--(BUSINESS WIRE)--Sep. 7, 2016-- ADTRAN®, Inc. (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced that its turnkey Network Design Services program has enabled its national and regional service provider customers to reduce deployment times by up to 50% as they race to deliver broadband services to rural America and meet the deployment deadlines associated with the Connect America Fund (CAF) I and II deadlines. The appeal of ADTRAN’s Network Design Services is based on the company’s deep domain expertise with every type of network, infrastructure and service portfolio used within the access network. This expertise has made ADTRAN the most trusted partner for CAF recipients as they look to ADTRAN to help design, configure and build out their access network services. “One of the biggest challenges service providers face when scaling residential services is the time and resources associated with planning, pre-provisioning and deploying new equipment,” said Rick Schansman, ADTRAN’s senior vice president, Global Services and Support. “At ADTRAN, we’re committed to helping our customers maximize the Read More
  • 08/26/16 - City of Tybee Island Breaks the Cloud Barrier with ADTRAN to Scale Network Services +

    Cloud-managed services give the popular tourist destination a state-of-the-art network infrastructure that scales for growing demands HUNTSVILLEAla.--(BUSINESS WIRE)--Aug. 25, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced the City of Tybee Island, Ga., is utilizing ADTRAN’s ProCloud Subscription Services that bundle enterprise network infrastructure and cloud-managed services as a simple monthly expense. As a barrier island off the coast of Savannah, Georgia, the city has become a tourist destination with upwards of 50,000 visitors descending upon the community every weekend. Working with ADTRAN’s managed service provider partner Speros, the City of Tybee Island rents its network as a service, offloading switch management and day-to-day network maintenance activities while enabling the city’s IT department to affordably keep up with data-rich demands on the network. “Our island has quickly grown into a very popular tourist destination, and we need the network backbone necessary to support thousands of users on a daily basis. As a small IT department, we required a complete infrastructure and managed service that could help offload the management of our switches, while also providing a cost-effective solution to meet the needs for everyone on the island,” said Todd Smith, information technology director for Read More
  • 08/23/16 - ADTRAN Brings Mosaic Architecture to Life with Cloud Platform +

    Only broadband architecture to accelerate transition to SD-Access HUNTSVILLE, Ala.--(August 23, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced its Mosaic Cloud Platform™ to provide control and orchestration capabilities for ADTRAN’s Mosaic Software Defined Access (SD-Access) architecture. The Mosaic Cloud Platform combines modular apps that have been in a microservices software architecture with open source control and orchestration platforms to create the industry’s first and only solution to deliver open, SDN-based programmability of broadband access networks while maintaining the feature set and functionality of traditional management solutions. “Open source software drives quick industry consensus for what is needed in control and orchestration platforms, including flexibility across multi-technology and multi-vendor network environments,” stated Michael Howard, senior research director and advisor, carrier networks, IHS Markit Technology. “Platforms such as the ADTRAN Mosaic Cloud Platform are essential to carriers as they transition to more automation and service agility in order to engage customers via self-service portals. This transition will enable subscribers to easily customize broadband services based on their own unique requirements. SD-Access networks will not only support the self-directed subscriber, but make it easier for the service provider to manage broadband traffic loads across the network while Read More
  • 08/10/16 - ADTRAN’s Total Access 5000 Races Past Major Market Momentum Milestone and Paves the Way for 100G +

    ADTRAN’s Total Access 5000 Races Past Major Market Momentum Milestone and Paves the Way for 100G HUNTSVILLE, Ala.--(August 10, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that it has shipped the 50,000th Total Access 5000 (TA5000), making it the most widely deployed multi-service access node (MSAN) in North America. The TA5000 features the broadest range of multi-service capabilities in the market today, including Gigabit delivery over fiber, high-speed Internet over copper, mobile backhaul and advanced Carrier Ethernet services. It is used by over 50 percent of the top 100 U.S. network operators, including the seven largest providers that together represent over 90 percent of total telco-delivered broadband lines in the country. “As a key element in our Ethernet services network, the TA5000 has proven that it is able to withstand the increasing bandwidth demands of our customers. The scalability and flexibility of the multi-services access platform across our copper and fiber-based access methods ensures that our initial network investment can continue to grow with our customer service offerings,” said Eric Proulx, vice president of network planning & engineering at FairPoint Communications, Inc. “In an industry where the next best thing in Ethernet service delivery across Read More
  • 08/10/16 - ADTRAN Optics Reset the Economics of FTTH Service Delivery +

    Nx10G tunable optics network can save providers up to 80 percent of the capital and operational costs as they look to scale NG-PON2 deployments HUNTSVILLE, Ala.--(August 10, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced its first Subscriber Edge Tunable (SET) optical transceivers, the latest innovation from ADTRAN Labs. ADTRAN’s entry into this new category of tunable optics addresses several key technology and innovation gaps that have hindered market development for multi-wavelength access networks. SET optics will be a key enabling technology for ADTRAN’s NG-PON2 solution, facilitating the delivery of highly elastic fiber services right to the customer premises equipment (CPE). Developed by ADTRAN Labs, this most recent innovation will enable access providers to cost-effectively and efficiently leverage Nx10G NG-PON2 to deliver even higher speed FTTH services to homes and business. SET optics provide an essential building block for the wavelength agile access network of the future, providing the dynamic network capabilities needed to underpin the provider’s creation and deployment of user-driven service delivery models. By providing fast wavelength switching times and access-friendly cost points, SET optics will remove the operational and economic sensitivities that have previously limited tunable optics to transport applications. When paired Read More
  • 08/10/16 - ADTRAN Equips MSPs with Unmatched Range of Enterprise Solutions to Deliver the Network as a Service +

    Addition of Gigabit-class equipment and management of voice and data services to ProCloud Subscription Services offers providers even more recurring revenue streams HUNTSVILLE, Ala.--(August 10, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced the expansion of its ProCloud Subscription Services with the addition of its Gigabit routers, IP business gateways and Session Border Controllers (SBCs), increasing its cloud-managed services portfolio to offer affordable rental of carrier-class equipment and associated managed services. ProCloud Subscription Services empowers Managed Service Providers (MSPs) with the industry’s widest range of wired and wireless managed voice and data services to support network demands, whether for businesses, government or other enterprise organizations. ADTRAN’s MSP partners can now easily deliver and scale business-class hosted VoIP services to support their customers’ ability to compete in today’s global, data-driven marketplace while generating new revenue streams for their own business. “The addition of voice and data solutions to ADTRAN’s ProCloud Subscription Services presents us with a truly robust service offering, one that advances our ability to manage across all wired and wireless network needs for our customers and support the bandwidth, devices, cloud applications and high-quality voice services they need to succeed,” said Mark Machan, division Read More
  • 07/27/16 - ADTRAN Unveils Mosaic - Industry’s First Open Software Defined Access Services Architecture +

    Mosaic spans cloud edge to subscriber edge to accelerate self-directed service delivery HUNTSVILLE, Ala.--(July 27, 2016)— ADTRAN®, Inc., (NASDAQ:ADTN)), a leading provider of next-generation open networking solutions, today announced the release of the market’s only open Software Defined Access (SD-Access) architecture capable of supporting rapid service creation and the delivery of business and residential broadband services at Web scale. The new SD-Access architecture, ADTRAN MosaicTM, combines modern Web scale technology with open source platforms to facilitate rapid innovation in multi-technology, multi-vendor environments. This architecture serves as the foundation for all of ADTRAN’s next generation platforms, including its NG-PON2 and G.fast solutions currently being trialed by leading Tier 1 carriers around the world. Mosaic is designed to expedite service providers’ transition to open, programmable and scalable networks. The key components of Mosaic include: Mosaic Cloud Platform™ – combines modular apps that have been developed in a microservices software architecture with open source control and orchestration platforms to create open, SDN-based network programmability; Mosaic OS™ – modular OS that has been optimized for SDN-programmability, virtualization, high availability and multi-vendor app integration; and Programmable Network Elements – multi-vendor networking solutions that integrate natively with open, SDN-controlled access networks. In order to reduce operating expenses and improve Read More
  • 07/26/16 - Verizon Begins 40G Fiber Broadband Trial of ADTRAN’s SDN-Optimized NG-PON2 Solution +

    Verizon Begins 40G Fiber Broadband Trialof ADTRAN’s SDN-Optimized NG-PON2 Solution LEARN MORE - NG-PON2 Highly innovative open, programmable and scalable converged services architecture aligns with key operator imperatives HUNTSVILLE,Ala.--(July 27, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that Verizon has selected its SDN-optimized NG-PON2 solution for upcoming lab trials. The goal is to create a cost-effective Fiber-to-the-Home solution that meets business and residential needs today and is capable of scaling to 40G and beyond to meet market need. Initial testing will be conducted at Verizon’s Innovation Lab in Waltham, Massachusetts, and will focus on several features of NG-PON2, including the implementation of tunable multiple wavelength 40 Gigabit per second capability to support a mix of services on a common converged platform. This capability enables carriers to efficiently address the increase in demand for critical service segments including residential Gigabit broadband, big data, IoT and premium cloud and enterprise services growth and expansion. With Verizon taking the lead, and support from ADTRAN, the companies will collaborate on groundbreaking interoperability work that will contribute to Verizon's ONT Management and Control Interface (OMCI) that will allow NG-PON2 OLTs to interoperate with multiple vendor ONTs. The flexibility provided with Read More
  • 07/22/16 - Bezeq Trials ADTRAN G.fast Solutions to Deliver Ultra-fast and Gigabit Broadband Services in Israel +

    SDN based, chipset agnostic ADTRAN G.fast solutions reveal compelling business model for Fiber-to-the-Cabinet deployments Huntsville, Ala – (July 22, 2016) -- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of open networking solutions, has been undertaking field trials of its range of G.fast FTTx solutions for incumbent operator Bezeq in one of Israel’s largest cities. The trial involves a variety of copper loop lengths and Internet speeds delivered on ADTRAN’s unique architecture, which offers flexibility with chipset vendor selection and port densities. This will enable Bezeq to best plan how it will exploit its widespread existing infrastructure to deliver a new generation of ultrafast and Gigabit broadband services with the fastest possible time to market. The ADTRAN 500G series of G.fast solutions is exceeding expectations in advanced trials with more than 60 operators worldwide, delivering superior reach and speed within a pioneering, fully-sealed footprint for Fiber-to-the-distribution point (FTTdp) and FTTCab deployments. Bezeq is currently trialling the 8-port and16-port ADTRAN distribution point units (DPUs), which are both physical layer and chipset agnostic, ensuring rapid service provisioning and activation. “Bezeq is committed to delivering infrastructure for a Gigabit society, and it’s clear how G.fast will play a vital role in accomplishing this for many areas Read More
  • 07/20/16 - Verizon Begins Testing NG-PON2 Technology +

    ADTRAN selected for technology trial. NEW YORK -- As Verizon advances toward implementing new technology on its fiber optic infrastructure, the company has reached a critical juncture in its RFP (Request For Proposals) process by tapping two companies to begin testing NG-PON2 (next generation passive optical network) equipment in Verizon’s Innovation Lab in Waltham, Mass. Starting this month, Verizon will begin initial testing with equipment from Ericsson (in partnership with Calix) and ADTRAN. Testing will focus on several features of NG-PON2, including tuning performance, ability to carry residential and business services on the same platform, and interoperability and conformance testing to meet Verizon ONT specifications. “When it comes to NG-PON2, ADTRAN and Ericsson/Calix have developed new designs and some novel, yet different, approaches that put them at the forefront of the industry,” said Vincent O’Byrne, Ph.D., director of network planning for Verizon. Verizon is assessing this next-generation technology to provide increased speeds and functionality to customers on its Fios network. NG-PON2 technology supports up to 40G of total capacity and up to 10G speeds per customer, both upstream and downstream, over a single fiber – a tenfold increase over some of the current speeds in the industry. Using NG-PON2 technology, the company Read More
  • 06/06/16 - ADTRAN Offers Breakthrough Cloud-Managed Wired and Wireless Subscription Services +

    ProCloud Subscription Services empower MSPs to deliver new cloud services to customers at an affordable price HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jun. 6, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced ProCloud Subscription Services— a first of its kind managed services program where businesses can take advantage of the latest wired and wireless networking technologies at an affordable monthly price. ProCloud Subscription Services provide Managed Service Providers (MSPs) with an easy to use model where they can quickly turn up new cloud-managed services for their customers. For the end customer, this means offloading the management of their network to a trusted provider, with the ability to easily support more mobile devices, more quickly access cloud applications, and support high-bandwidth video content and quality voice services, without the capital expense overhead. “ADTRAN’s subscription services offer a real game-changer for MSPs, and we’re thrilled to be the first to provide this innovative solution to meet our customers’ demands for predictability and flexibility, essentially delivering them a high-performance network-as-a-service just like any other monthly expense they may have,” said Keith Fletcher, chief operating officer, Speros. “The addition of this first of its kind offering is permitting us to deliver the Read More
  • 06/08/16 - ADTRAN Sets the vCPE Bar in Software-Defined Access During Groundbreaking NIA Interoperability Test +

    Industry’s leading NFV Interoperability Test results confirm ADTRAN’s integral role in moving NFV from hype to reality HUNTSVILLE, Ala.--(June 8, 2016)—ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, announced that it has successfully demonstrated the industry’s first open and multi-vendor virtual Customer Premise Equipment (vCPE) during the New IP Agency’s (NIA) Interoperability Showcase, and again as part of the interoperability event at Light Reading’s Big Communications Event. As the market moves toward adopting the new, flexible and open software-defined access framework for networking, demonstrating the ability to move beyond theoretical with a fully functional vCPE solution is a leap forward for the industry, our customers and ADTRAN. EANTC provided the carrier class test bed for the NIA’s Interoperability Showcase and was designed to address Service Function Chaining. 12 vendors participated in the event and together achieved six multi-vendor combinations of orchestrated service function chains (SFCs) on a range of NFV infrastructure (NFVI) solutions. During the testing, vendors that were able to participate successfully interoperated to create advanced vCPE combinations with virtualized firewalls, deep packet inspection filters and other add-on VNFs. Specific details can be found in EANTC’s report on the NIA Website. “The test plan took into Read More
  • 06/06/16 - ADTRAN and Liberty Business Spark Economic Development with Gigabit Broadband +

    High-speed broadband service brings crucial connectivity and economic advantages to rural island schools and SMBs HUNTSVILLE, Ala.--(BUSINESS WIRE)--Jun. 6, 2016-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced that Liberty Business, Liberty Puerto Rico’s business division, has joined the Enabling Communities, Connecting Lives program. The division is utilizing ADTRAN’s Gigabit services architecture to deliver Gigabit broadband speeds to schools and small-to-medium businesses (SMBs) in rural locations of the island. By upgrading its fiber infrastructure to support Gigabit broadband, Liberty Business is offering enterprise customers in western and southern Puerto Rico high-speed connectivity to support the influx of high-bandwidth applications and services businesses need to compete in today’s global economy. Liberty Business is also providing the necessary infrastructure to connect previously underserved schools and enhance the educational resources available to facilitate a flexible learning environment. “Many service providers don’t focus on providing connectivity to the more rural parts of Puerto Rico, which creates significant disadvantages for businesses and schools looking to operate and serve the community outside the island’s major metropolitan cities,” said Antonio Llona, vice president of Liberty Business. “ADTRAN has enabled us to provide a seamless connectivity experience across the entire island that Read More
  • 05/26/16 - OnlineNW Graduates to 10Gig with ADTRAN to Reimagine Education +

    Service provider turns up first West Coast 10Gig community to support agile learning environment for next generation of thinkers, creators and developers HUNTSVILLE, Ala.--(BUSINESS WIRE)--May 26, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced OnlineNW has turned up 10 Gigabit (10GB) broadband service for Dayton, Ore. – making it the first 10GB city on the West Coast. The community is using this ultra-fast broadband capability to build an innovation ecosystem across schools, non-profit organizations, local businesses and government entities. Together, this ecosystem is focusing on educating Dayton’s future entrepreneurs and lays the foundation for tomorrow’s economic development. Like many rural towns across America, Dayton struggled to keep or attract the young professionals who are essential for providing the next-generation of innovation needed for the area’s growing agricultural technology (AgTech) industry. To address this challenge, OnlineNW teamed up with Innovate Oregon and the Dayton school district to create Innovate Dayton – a program focused on fostering change and reimagining how local teachers educate and local students learn via creative problem solving and critical thinking. The result has been the development of an agile learning environment supplemented by real-world experience and community engagement opportunities for Dayton students from Read More
  • 05/16/16 - Gigabit Broadband Captures Imagination of Anza Electric Cooperative +

    ADTRAN Gigabit services architecture enables utility to enter the broadband market, exceed community expectations and enrich the lives of up to 4,000 customers HUNTSVILLE, Ala.--(BUSINESS WIRE)--May 16, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced Anza Electric Cooperative has joined the Enabling Communities, Connecting Lives program – making Anza, California, the latest of more than 300 communities nationwide deploying services based on ADTRAN Gigabit service architecture. The utility saw an opportunity to address unmet market demand for broadband connectivity, and has exceeded residents’ expectations by delivering a higher speed, more dynamic broadband service through ConnectAnza. Their decision to leverage ADTRAN’s Gigabit service architecture was met with resounding community support as 93% of the co-op members approved the proposal – the highest voter turnout ever achieved. “ConnectAnza is definitely filling a void in the market. With only one CLEC delivering basic broadband and no cable providers offering any alternatives, we took it upon ourselves to give our customers the latest ultra-fast, Gigabit broadband connectivity,” said Kevin Short, general manager, Anza Electric Cooperative, Inc. “The response by both residential and business customers has been amazing. It’s not at all unusual for our service van drivers to get stopped Read More
  • 03/16/16 - ADTRAN Lights Up 10Gbps Broadband Customer Trials +

    Service providers expand capacity for residential and business services, defining the future network HUNTSVILLE, Ala.--(BUSINESS WIRE)--Mar. 16, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking solutions, today announced that several 10Gbps broadband customer trials are underway. A wide range of service providers from new market entrants to municipal/utility providers to international Tier 1 carriers are all currently evaluating Fiber-to-the-Premises (FTTP) services based on XGS-PON architecture. Led by ADTRAN, XGS-PON is an emerging ITU 10G PON standard that bridges the gap between today’s FTTH technologies and NG-PON2. The new technology is enabling network operators to achieve greater profitability with converged residential and expanded business services for the first time. With a near infinite demand in bandwidth from both business and residential customers, service providers must implement solutions that enable them to scale their current PON networks to meet expanding customer needs. XGS-PON, a new technology ADTRAN is developing that supports 10Gbps symmetric fixed wavelength PON over new or existing fiber infrastructure, meets service providers’ needs by doubling the useable life span of a fiber network regardless of the multi-Gigabit service rate delivered. Service providers can now support the capacity, reliability and flexibility needed for premium business and mobile Read More
  • 11/05/15 - ADTRAN and EATEL Transform Louisiana Parishes with GIG Internet Service +

    New ultra-high speed broadband service supports economic growth and urban development in Southeastern Louisiana HUNTSVILLE, Ala.--(BUSINESS WIRE)--Nov. 5, 2015-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that EATEL has joined the company’s Enabling Communities, Connecting Lives program. EATEL is leveraging ADTRAN’s Gigabit broadband platform for its new GIG Internet service offering. Residents in Louisiana’s Ascension and Livingston Parishes can now experience one of the nation’s fastest broadband speeds with 1 Gigabit Ethernet Internet connections – 10 times faster than the typical Internet connection offered. Gigabit broadband adoption is growing rapidly in communities all around the country as a means of enhancing the quality of life for residents and stimulating economic growth and urban development. With EATEL’s GIG Internet service, customers in Louisiana can now enjoy these benefits first hand. Residents are able to instantly connect to cloud services, video chat in real-time with friends and family and stream high-definition movies uninterrupted. A new generation growing up with multiple Internet devices in the home expects ultra-fast, broadband speed,” said Harris Miller, executive vice president of technology, EATEL. “ADTRAN is helping us satisfy this need for GIG Internet service with platforms that support simultaneous streaming of online Read More
  • 10/20/16 - ADTRAN Unlocks FTTx Network Architectures at Broadband World Forum +

    ADTRAN leads new initiative for open interfaces in FTTx to bring operators the same freedoms as cable, video and DSL broadband LONDON--(BUSINESS WIRE)--Oct. 20, 2015-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, is unlocking closed, single-vendor access networks to bring FTTx into line with the open, standards based approach common across all other broadband media. ADTRAN’s commitment is manifest in the unique products, interfaces and interoperability demos showcased on its Broadband World Forum booth (C40). “The market demands a fully programmable network to give operators better control over their services, their multi-vendor infrastructure, and their commercial destiny,” said Jay Wilson, senior vice president of technology and strategy, ADTRAN. “For that we need to open all broadband network architecture to maximise choice of best-in-class solutions and assure optimum deployment synergies. This is more than an aspiration; it is a major focus for our innovation resources and it is a defining hallmark of the Future Network State as we see it.” Among the major industry players adding their voices to this initiative is Technicolor, one of the global leaders in modems, gateways and set-top boxes. “Whether it is G.fast or FTTH, operators want to push boundaries with the Read More
  • 09/02/15 - New Lisbon Telephone Company Opens Doors to High-Speed Services with ADTRAN +

    Central Indiana set to receive ultra-fast broadband as service provider prepares network for future HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sep. 2, 2015-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, today announced as part of its Enabling Communities, Connecting Lives campaign that New Lisbon Telephone Company (NLTC) is deploying the ADTRAN Total Access 5000 Gigabit services architecture. NLTC is using the Fiber-to-the-Home (FTTH) architecture for both business and residential customers throughout East Central Indiana. Customers will now be able to enjoy high-speed Internet, IPTV and voice services, as well as security and home automation capabilities. Always thinking about what the community needs, NLTC is known for providing high-quality services throughout the area. Since being granted the first Rural Electrification Administration (REA) loan in the United States nearly 55 years ago, NLTC has continuously shown its dedication to enhancing local telecommunications opportunities. By transitioning to the ADTRAN Total Access 5000 Gigabit services architecture, NLTC is taking the next step towards future-proofing their network. With this next generation deployment, NLTC is laying the foundation to address current broadband demands and pave the way for future services, including Gigabit speeds and beyond. “New Lisbon Telephone Company works hard to ensure our services are Read More
  • 04/20/16 - Race to Gigabit Services Takes Off In Rocket City at ADTRAN Broadband & Business Solutions Summit +

    Over 130 service providers, 20 consulting engineers, MSOs, utilities, and municipal operators explore Gigabit, NG-PON2, G.fast and other Software Defined Access solutions that are defining future networks HUNTSVILLE, Ala.--(BUSINESS WIRE)--Apr. 20, 2016-- ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation Gigabit software defined access solutions, today announced it is hosting its 8th semi-annual Broadband & Business Solutions Summit (BBSS) on April 18-21, 2016. The event, held at ADTRAN’s headquarters in Huntsville, Alabama, is showcasing the transformative economic and social impact Gigabit and other high speed broadband services have on communities across the country. Attendees are also exploring the future network state driven by highly automated, programmable, scalable and open access networks required for rapid service creation and delivery. ADTRAN has expanded its event programming and messaging to ensure attendees leave with an unfiltered, holistic view of the technical and business opportunities that Gigabit broadband has to offer. Harrison Diamond, from the City of Huntsville, will share first-hand experiences for building a Gigabit city during his keynote presentation. BBSS attendees will also hear from ADTRAN executives and research scientists on current innovations and the future of Network Functions Virtualization (NFV), Software Defined Networking (SDN), network design for Gigabit services, automation, G.fast, Super Read More
  • 04/13/16 - ADTRAN, Inc. Reports Results for the First Quarter 2016 and Declares Quarterly Cash Dividend +

    HUNTSVILLEAla.--(BUSINESS WIRE)--Apr. 12, 2016-- ADTRAN, Inc. (NASDAQ:ADTN) reported results for the first quarter 2016. For the quarter, sales were $142,204,000 compared to $142,835,000 for the first quarter of 2015. Net income was $5,014,000 compared to $3,317,000 for the first quarter of 2015. Earnings per share, assuming dilution, were $0.10 compared to $0.06 for the first quarter of 2015. Non-GAAP earnings per share were $0.14 compared to $0.10 for the first quarter of 2015. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided. ADTRAN Chief Executive Officer Tom Stanton stated, “ADTRAN delivered a solid performance this quarter resulting in earnings coming in ahead of initial expectations. Compared to the same period last year, Q1 domestic revenue was up over 39% with increases in both our products and services businesses. Improved gross margins and lower operating expenses helped us increase operating income over 181% versus Q1 of 2015. Longer term, we expect further improvement in the carrier environment as customers accelerate investments in upgrading their network infrastructure to meet customer demand.” The Company also announced that its Board of Directors declared a cash dividend for the first quarter of 2016. The quarterly Read More
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