Converge! Network Digest: ADTRAN

Showing posts with label ADTRAN. Show all posts

Wednesday, September 13, 2023

Adtran intros smallest Combo PON OLT

Wednesday, September 13, 2023 ADTRAN

Adtran released its SDX 6324 optical line terminal (OLT), specifically designed to deliver high-performance broadband services to low-density applications.

The new fiber access platform features four Combo PON ports supporting up to 500 subscribers. It offers the same capabilities of Adtran's higher-port count SDX solutions at a significantly lower upfront cost.

“Service providers often struggle with small-scale deployments. Finding the right technology at the right price isn’t always easy. The practice of deploying over-dimensioned solutions has challenged operators for many years. Our new SDX 6324 hits the sweet spot. It’s been engineered to help service providers easily roll out fiber services to low-density environments without any risk or unused capacity. You pay for exactly what you need,” commented Andy Ruble, GM of Access and Aggregation, Adtran.

https://www.adtran.com/en/newsroom/press-releases/20230912-adtran-extends-sdx-family-of-olts-to-tackle-low-density-ftth-deployments

Iowa's USA Communications picks Adtran for XGS-PON

Thursday, May 11, 2023 ADTRAN

Iowa-based USA Communications has deployed Adtran’s 10Gbit/s fiber access platform and XGS-PON technology to provide high-speed internet services across its rural and urban territory in the eastern part of the state.

“Our technology strengthens USA Communications’ position as a leader among the internet service providers operating in Eastern Iowa. By leveraging our solution to expand and enhance its network, it can reach underserved areas and offer more customers access to a range of high-speed services, including multigigabit connectivity,” commented John Scherzinger, SVP of Americas sales at Adtran. ”With its new AI-driven infrastructure, USA Communications is helping the state unlock a world of benefits that will boost the economy and public services and ensure a more prosperous and connected future for everyone.”

Israel's Partner Comm picks Adtran's fiber access

Thursday, March 30, 2023 ADTRAN

Partner Communications is leveraging Adtran's open, disaggregated 10Gbit/s fiber access platform.

Partner Communications is Israel’s second-largest mobile operator, and it also operates a fiber broadband network that passes nearly one million homes and connects hundreds of thousands of fiber customers.

Adtran’s Combo PON technology enables Partner Communications to simultaneously provision a mix of GPON and XGS-PON services across the same fiber infrastructure using a single access port while maximizing the efficiency of their operations. This simplifies the migration to multigigabit services as demand increases while saving space and power.

“There is competition across our market in Israel. It’s imperative that we can offer higher internet speeds and deliver them quickly. We already see high market demand for our multigigabit service tiers. Adtran’s solution simplifies our network operations, lowering our cost to scale fiber broadband,” said Yaniv Bar-Gil, head of fiber infrastructure division at Partner Communications. “Adtran also offers a high level of customer support that we cannot find with other solution vendors. The team works hard to understand our unique challenges and helps us address them quickly so we can focus on delivering the best experience to our subscribers.”

“Like many service providers, Partner Communications needed the ability to rapidly deploy efficient FTTH technologies with open architectures to increase their service velocity while lowering operational cost. Our open and disaggregated fiber access solution creates networks with greater simplicity, sustainability and scalability,” commented Ronan Kelly, CTO of EMEA and APAC regions at Adtran. “We’re providing a highly differentiated, multi-vendor, multi-technology platform that delivers the high-speed broadband services needed to attract new subscribers, launch new services and enter new markets.”

https://www.adtran.com/en/newsroom/press-releases/20230330-partner-communications-picks-adtran-to-quickly-launch-multigigabit-fiber-broadband-services

Greece’s biggest power utility deploys Adtran's fiber access

Thursday, November 17, 2022 ADTRAN, Greece

Greece’s biggest power utility, Public Power Corporation (PPC), is deploying the Adtran end-to-end fiber broadband solution to launch its pilot high-speed wholesale network in the municipality of Peristeri, within the region of Attica. When expanded nationwide, PPC plans to support all local broadband service providers and connect over three million homes and businesses with fiber over the next four years.

PPC has approximately six million electricity customers.

PPC selected the Adtran open, disaggregated, 10G fiber access platform to deploy its pilot broadband access network infrastructure. In the first phase of PPC’s fiber deployment, it is deploying PON technology across its existing power distribution network infrastructure to deliver wholesale gigabit services. Later, it can use the same fiber access network to introduce smart grid and other advanced grid modernization applications to improve power network efficiency and operations.

“We value Adtran’s experience in working with utilities to help launch greenfield broadband networks that deliver high-speed services and help further modernize and optimize the power distribution network,” said Alexandros Paterakis, Deputy CEO at Public Power Corporation. “From the beginning, Adtran’s level of engagement in the deployment process was a differentiator, and Adtran’s open solutions relieve us from being tied to one vendor. The platform’s open, disaggregated architecture provides us with network flexibility and scale.”

“Adtran is helping service providers, utilities and municipalities of every size and in every region of the world launch multi-gigabit fiber access services. Our open, disaggregated broadband access systems are proven to increase service velocity, lower integration and operations costs, and streamline operations,” said Stuart Broome, Vice President of Sales, EMEA, at Adtran. “The fiber access network architecture that PPC is using has rapidly evolved to encompass the benefits of web-scale data center design principles, which afford operators efficiency gains in network buildout, service delivery and overall resource consumption. As a result, operators are realizing elevated investor value and market competitiveness.”

https://www.adtran.com/blog/post/ppc-lights-up-fiber-broadband-connectivity-in-greece-with-adtran

ADTRAN expects to exceed Q3 expectations

Monday, October 24, 2022 ADTRAN

Adtran reported preliminary Q3 results saying revenues are $340.7 million, preliminary gross margin is 28.8%, preliminary non‑GAAP gross margin is 38.1%, preliminary operating expenses are $142.1 million, preliminary non‑GAAP operating expenses are $109.0 million, preliminary GAAP operating loss is $61.1 million, and preliminary non-GAAP operating income is $20.9 million.

The GAAP gross margin and operating expenses are inclusive of material purchase accounting adjustments and certain one-time transaction expenses related to the business combination with ADVA Optical Networking SE.

Adtran’s Chairman and Chief Executive Officer Tom Stanton stated, “In the first quarter of our combination with ADVA, we experienced strong demand in the combined company resulting in revenue and adjusted operating income that is expected to exceed market expectations.”

Final results will be released as planned on November 8, 2022.

https://investors.adtran.com/news-and-events/press-release-details/2022/ADTRAN-Holdings-Announces-Preliminary-Results-for-the-Third-Quarter-of-2022-19b2faeab/default.aspx

Adtran supplies 10G fibre access platform for ITS

Wednesday, September 14, 2022 ADTRAN

ITS Technology Group (ITS), which designs, builds and operates wholesale fibre networks for business services in the UK, has selected the Adtran 10G fibre access platform.

Adtran said its 10G fibre access platform was selected because it uses an open and disaggregated architecture that eliminates vendor lock-in while providing the flexibility needed to sell services through a diverse set of partners and channels.

With its flexible, scalable, programmable network, ITS works exclusively to build fibre networks across UK towns and cities, including London. Faster Britain is on track to pass 25% of the country’s business premises by the end of this year. Among its flagship projects is LCR Connect, a 212km full-fibre, ultrafast network for the Liverpool City Region Combined Authority (LCRCA) that will serve as a gateway for businesses, investors, universities, schools, hospitals, residents and students to access cloud-enabled technologies and connect to new economic and growth opportunities.

Australia's TPG Telecom deploys Adtran's Gfast

Wednesday, August 10, 2022 ADTRAN, Australia, TPG Telecom

TPG Telecom Group (TPG), Australia’s second-largest telecommunications provider, is leveraging the Adtran second generation Gigabit Gfast fiber extension portfolio to upgrade existing broadband services to Gigabit speeds and attract new subscribers.

Adtran is enabling TPG to rapidly roll out Gigabit broadband services to more than 230,000 premises and over 2,000 buildings across Eastern Australia.

TPG has a large footprint of both single- and multiple-dwelling locations that were connected by VDSL technology. The service provider wanted to offer Gigabit services to these existing subscribers as well as everyone else in its DSL services footprint. TPG is the first major telco in Australia to deploy Gfast and it selected Adtran’s latest Gfast technology to rapidly launch fast, competitive broadband service speeds that are 10 times faster than similar services offered by competitors in the region.

“In today’s global digital economy, having access to Gigabit services is a big competitive advantage for any carrier that wants to offer the best connectivity solutions to residential and business customers. The launch of Gfast has helped us offer some of the fastest broadband speeds available in Australia today and will be a game-changer for TPG’s wholesale business and customers,” said Jonathan Rutherford, Group Executive, Wholesale, Enterprise and Government at TPG Telecom Group. “We’ve been proud to work with Adtran—it has overcome global component supply constraints to ensure we were able to quickly and efficiently roll out this new technology.”

Adtran’s Gfast VDSL coexistence technology enables Gfast-based services to uniquely support the delivery of symmetric and asymmetric Gigabit speeds even when delivered in coexistence with legacy VDSL2 services.

https://www.adtran.com/end-to-end-solutions

Australia's NBN Co deploys ADTRAN's in-ground G.fast DPUs

Wednesday, November 28, 2018 ADTRAN, NBN Co

Australia's NBN Co will deploy ADTRAN's 2nd generation G.fast Distribution Point Units (DPUs) in the next phase of the country’s national broadband access network. ADTRAN confirmed that it has shipped hundreds of thousands of the most advanced generation of G.fast ports for this project. Financial terms were not disclosed. The first G.fast DPUs are being installed in the Sydney suburb of Rockdale, where the newest phase of the wholesale nbn is...

ADTRAN's Combo PON been adopted by more than 100 operators

Wednesday, July 14, 2021 ADTRAN, PON, XGS-PON

ADTRAN's Combo PON technology, which launched in June 2020, has been adopted by more than 100 operators worldwide, including every type of service provider—from altnets, RDOF recipients, multinational Tier 1 operators and cable operators.Combo PON makes upgrading to symmetrical 10G PON services simple by seamlessly supporting the installed base of GPON subscribers while blanketing the entire FTTH network with the higher speed and capacity of...

ADTRAN posts Q2 revenue of $172 million

Wednesday, August 03, 2022 ADTRAN

ADTRAN reported Q2 revenue of $172.0 million, net income of $2.1 million and earnings per share of $0.04. Non-GAAP net income was $9.7 million and non-GAAP earnings per share was $0.19.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We had a strong Q2 fueled by the growing demand for our fiber broadband platforms. Customer demand continues to grow at record levels. We increased revenue both quarter-over-quarter and year-over-year in our domestic and international markets, and also throughout our customer segments. This provides continued momentum as we move forward with our integration of ADVA. The combination of these two companies will strengthen our overall solution portfolio and provide the resources necessary to maximize our success in this unprecedented investment cycle in fiber networks.”

The company also announced that its Board of Directors declared a cash dividend for the second quarter of 2022. The quarterly cash dividend of $0.09 per common share is to be paid to the Company’s stockholders of record as of the close of business on August 18, 2022. The ex-dividend date is August 17, 2022 and the payment date will be September 1, 2022.

http://www.adtran.com/investor

Adtran completes acquisition of ADVA

Friday, July 15, 2022 ADTRAN, ADVA

ADTRAN closed its previously-announced business combination with ADVA Optical Networking SE.

The companies received all necessary regulatory approvals and shareholder consent, making closure possible.

Tom Stanton, Chairman and CEO of ADTRAN Holdings said, “This is an exciting day for both companies. With closing now behind us, we can focus on the final steps that will allow us to fully integrate these companies, creating a driving force within the industry. We believe that the combination of our exceptional talent, industry-leading solution portfolios, and vision for innovation, positions us as a global trusted leader for service provider, government, and enterprise customers and will provide a firm foundation for our success moving forward.”

As already announced, the company intends to enter into either a domination agreement or a domination and profit and loss transfer agreement to further drive integration, which will be a further step in making the Company a global leader in end-to-end fiber networking. With an addressable market of $13.7 billion the combined company will offer an unparalleled product portfolio ranging from in-home connectivity and business access solutions to optical core transport.

https://investors.adtran.com/news-and-events/press-release-details/2022/ADTRAN-Holdings-Announces-Closing-of-Business-Combination-with-ADVA/default.aspx

ADTRAN + ADVA merger targets fiber broadband opportunities

Monday, August 30, 2021 ADTRAN, ADVA

ADTRAN and ADVA announced a merger focused on end-to-end fiber networking solutions for communications service provider, enterprise and government customers. The deal combines ADTRAN’s market presence in fiber access, fiber extension and subscriber connectivity solutions with ADVA’s position in metro wavelength division multiplexing, data center interconnect, business ethernet and network synchronization solutions. The new company, which will...

ADVA announces changes to its management board

Wednesday, July 06, 2022 ADVA, People

ADVA Optical Networking announced that Brian Protiva is to step down as CEO. After a transition period of several weeks, Protiva will assume the role of vice chairman of Acorn HoldCo, Inc. (the holding company of Adtran and ADVA). During Protiva’s 25-year tenure as chief executive officer, he successfully steered the company from a small start-up to an industry leader in metro WDM and Ethernet access devices. Christoph Glingener will be appointed...

Deutsche Giga Access picks Adtran SDX fibre access platform

Thursday, March 31, 2022 ADTRAN

Deutsche Giga Access GmbH (DGA), a regional wholesale access provider in Germany, has selected the Adtran SDX Series of fibre access platforms to offer its customers scalable FTTH service capabilities.

Adtran said its Combo PON technology and software-defined architecture were differentiators that provided DGA an expedited path to market and the flexibility to simultaneously operate 1G and 10G FTTH networks on the same point-to-multipoint fibre optic distribution network and from a single OLT port.

“DGA wanted to quickly deploy a Gigabit-capable FTTH network to a new area in Lower Saxony (Niedersachsen), Germany, and Adtran provided the right combination of technology, products, local support and domain experience,” said Andreas Bamberg, Chief Technology Officer at Deutsche Giga Access GmbH. “We chose Adtran because its approach allowed us to build a new, open-access wholesale network for future-proof services that can be controlled by an end-to-end automatisation management system, providing tremendous operational savings and efficiencies as demand for our wholesale offering grows.”

“With its new disaggregated Combo PON access solution, Adtran provides DGA the flexibility to offer GPON and XGS-PON services via the same port and fibre strand. This gives DGA the most cost-effective solution to operate via a fibre network,” said Stuart Broome, Vice President of Sales, EMEA, at Adtran. “The German altnet market is growing rapidly as operators look to bring fibre broadband to every household in Germany, having a reliable wholesale network supported locally and ready to help scale services will be a powerful resource for local and regional operators.”

ADTRAN cites XGS-PON/10G-EPON momentum

Sunday, February 06, 2022 ADTRAN

ADTRAN reported momentum with its XGS-PON/10G-EPON portfolio as operators upgrade their network capabilities to 10G. The company points to its Combo PON technology and software-defined access (SD-Access) approach as a fiber access game changer for the largest incumbent operators, regional service providers and community broadband providers in North America and Europ.

Recent research reports from Dell’Oro and Omdia highlight ADTRAN’s market impact and growth. Both research firms show ADTRAN as ranking #2 and #3 for XGS-PON OLT shipments in North America and in Europe, the Middle East and Africa (EMEA) respectively on a four-quarter rolling basis. Further, ADTRAN XGS-PON and 10G EPON shipments have reached an inflection point where 50% of its OLT ports deployed in this period were based on its open and disaggregated SD-Access platforms across a mix of large metro central offices, hardened street cabinets and strand-mounted remote OLTs.

“ADTRAN is rapidly becoming the 10G fiber access supplier of choice to an industry that is realizing that 10G PON FTTH technology paired with AI-driven optimization is the best path to realizing its broadband goals,” said Robert Conger, Senior Vice President, Technology and Strategy at ADTRAN. “It is validating to see how the unique benefits of our open, software-defined platform are being adopted at pace by every type of network operator in the U.S. and Europe – from innovative altnets and rural community broadband providers, to many of the world’s largest service providers and MSOs.”

http://www.adtran.com/10G

ADTRAN cites record-setting bookings, fiber access up 48% yoy

Wednesday, February 02, 2022 ADTRAN

ADTRAN reported Q4 2021 revenue of $154.2 million. Earnings for the fourth quarter of 2021 were a net loss of $4.2 million and earnings per share was a loss of $0.09. Non-GAAP net income was $4.7 million and non-GAAP earnings per share was $0.10.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We continue to experience unprecedented demand for our solutions with another record-setting quarter for bookings. These record bookings were combined with record product revenue for both our fiber access platforms, up 48% year-over-year, and residential Wi-Fi platforms, up 72% year-over-year. The growth in these strategic segments was across a diverse mix of large and small service providers in the U.S. and Europe, highlighting the success we have had with customer diversification. Our success in capturing fiber footprint, bundling mesh Wi-Fi platforms and cloud software with fiber access, and the portfolio synergies offered by the announced ADVA combination provide an optimistic outlook for continued growth.”

ADTRAN has declared a quarterly cash dividend of $0.09 per common share to be to stockholders of record as of the close of business on February 17, 2022.

http://www.investors.adtran.com

ADTRAN/ADVA clears CFIUS review

Monday, January 24, 2022 ADTRAN

ADTRAN confirmed that it has received notice from the Committee on Foreign Investment in the United States (CFIUS) stating that the pending business combination with ADVA is not a “covered transaction” subject to CFIUS’ jurisdiction. Accordingly, ADTRAN and ADVA have met the requirement under the Business Combination Agreement related to CFIUS notification.

Cooperative proceedings continue with the foreign direct investment authorities in Germany and the UK.

https://www.adva.com

ADTRAN + ADVA merger targets fiber broadband opportunities

Monday, August 30, 2021 ADTRAN, ADVA

ADTRAN stockholders approve merger with ADVA

Thursday, January 06, 2022 ADTRAN, ADVA

Stockholders of ADTRAN approved the business combination with ADVA Optical Networking SE by an overwhelming majority.

The company said the next major milestone will be the close of the initial acceptance period for the tender of ADVA shares at midnight (CET) on January 12, 2022, and for the combination to be successful, at least 70% of the ADVA shares must be tendered by this time. The parties also continue to work with the relevant authorities to obtain the required foreign direct investment approvals and are confident that such approvals will be obtained in due course.

ADTRAN/ADVA combination reaches major milestones

Monday, December 06, 2021 ADTRAN, ADVA

ADTRAN announced that the acceptance of the exchange offer regarding the proposed business combination between ADTRAN and ADVA Optical Networking SE has been recommended by ADVA's management and supervisory boards and that key antitrust approvals have been received.On November 23, 2021, the management and supervisory boards of ADVA issued a joint reasoned statement recommending that ADVA shareholders accept the exchange offer for Acorn HoldCo shares....

ADTRAN/ADVA combination reaches major milestones

Monday, December 06, 2021 ADTRAN, ADVA

On November 23, 2021, the management and supervisory boards of ADVA issued a joint reasoned statement recommending that ADVA shareholders accept the exchange offer for Acorn HoldCo shares. The members of both boards are of the opinion that the consideration offered is appropriate and fair and in the best interest of ADVA and its shareholders.

Furthermore, following approval of the publication of the offer document by the German Federal Financial Supervisory Authority (BaFin), the offer period in Germany started on November 12, 2021, and is expected to end on January 12, 2022.

In the United States, the registration statement on Form S-4 filed with the U.S. Securities and Exchange Commission (SEC) by Acorn HoldCo, Inc., which includes a proxy statement of ADTRAN and a prospectus of Acorn HoldCo, was declared effective on December 2, 2021. ADTRAN also announced that it has scheduled a special meeting of its shareholders to be held on January 6, 2022, at 10:30 a.m. (CST) to seek approval by ADTRAN’s shareholders of the proposed business combination, a key milestone. Further information on the special meeting of shareholders is available on the ADTRAN Investor Relations website at investors.adtran.com.

Major milestones have also been reached with regard to the required antitrust approvals. As of November 17, 2021, the relevant antitrust authorities have either cleared the business combination or confirmed they did not intend to conduct a public review. The parties continue to work diligently to obtain the required foreign direct investment approvals.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “Progress of our merger is on track with key antitrust clearances now received and the parties focusing on cooperative proceedings with the FDI authorities. Customer feedback has been overwhelmingly positive, and our expected completion timeline remains on track.”

https://investors.adtran.com/news-and-events/press-release-details/2021/ADTRANADVA-Combination-Reaches-Major-Milestones/default.aspx

ADTRAN + ADVA merger targets fiber broadband opportunities

Monday, August 30, 2021 ADTRAN, ADVA

ADTRAN reports $138m in Q3 sales, record bookings

Monday, November 01, 2021 ADTRAN

ADTRAN reported Q3 revenue of $138.1 million. Earnings for the third quarter of 2021 were a net loss of $10.4 million and earnings per share was a loss of $0.21. Non-GAAP net loss was $0.8 million and non-GAAP earnings per share was a loss of $0.02.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We are experiencing unprecedented demand, highlighted by our record-setting Q3 bookings – up 43% year-over-year. We continue to add new customers, including now three new Tier 1 operators since the beginning of the third quarter. An additional highlight was our 61% year-over-year growth rate in customers deploying our SaaS applications. Finally, we remain extremely excited about our announced proposed combination with ADVA and the synergies we believe it will bring in terms of customer base and product portfolio to further accelerate our growth.”

The company also announced that its Board of Directors declared a cash dividend for the third quarter of 2021. The quarterly cash dividend of $0.09 per common share is to be paid to the Company’s stockholders of record as of the close of business on November 16, 2021.

https://investors.adtran.com/overview/default.aspx

ADTRAN cites record demand and supply chain constraints

Thursday, October 14, 2021 ADTRAN

ADTRAN announced the following preliminary financial results for its third quarter ended September 30, 2021:

revenue is expected to be $138 million, gross margin is expected to be 34.5%, non-GAAP gross margin is expected to be 34.6%, operating loss is expected to be $10.1 million and non-GAAP operating loss is expected to be $2.6 million.
the lower gross margin and decreased profitability, as compared to prior guidance, was attributed to approximately $9 million in quantifiable supply chain constraint-related expenses incurred during the quarter. Without these expenses gross margin would be within our third quarter guidance range.
overall bookings in the third quarter were up 43% year-over-year with a book-to-bill ratio of 1.43 for the quarter, and 1.34 for the nine months ended September 30, 2021.

ADTRAN also stated its belief that supply chain challenges are peaking during the second half of 2021 and should begin to normalize by mid-2022.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We are experiencing record demand for our solutions with Q3 setting an all-time high for bookings in a quarter. This increased demand comes from a diverse mix of global Tier 1 and regional service providers planning to deploy our fiber access platforms, in-home service delivery platforms and SaaS applications. We expect this growth to accelerate. During the third quarter we secured two additional Tier 1 fiber customers, and previously announced Tier 1 fiber customers significantly increased their bookings for our fiber access platforms. Although our revenue growth and profitability in the near-term are impacted by the supply chain issues, our long-term outlook continues to strengthen given the record demand and the supply outlook.”

https://www.adtran.com

ADTRAN cites record demand and supply chain constraints

Thursday, October 14, 2021 ADTRAN

ADTRAN announced the following preliminary financial results for its third quarter ended September 30, 2021:

revenue is expected to be $138 million, gross margin is expected to be 34.5%, non-GAAP gross margin is expected to be 34.6%, operating loss is expected to be $10.1 million and non-GAAP operating loss is expected to be $2.6 million.
the lower gross margin and decreased profitability, as compared to prior guidance, was attributed to approximately $9 million in quantifiable supply chain constraint-related expenses incurred during the quarter. Without these expenses gross margin would be within our third quarter guidance range.
overall bookings in the third quarter were up 43% year-over-year with a book-to-bill ratio of 1.43 for the quarter, and 1.34 for the nine months ended September 30, 2021.

ADTRAN also stated its belief that supply chain challenges are peaking during the second half of 2021 and should begin to normalize by mid-2022.

https://www.adtran.com

ADTRAN adds 60GHz mmWave mesh portfolio for access and backhaul

Wednesday, October 13, 2021 ADTRAN, Fixed Wireless

ADTRAN introduced a 60GHz mmWave mesh wireless access and backhaul solution designed to deliver a wide range of revenue-generating services from residential access, SMB Gigabit and multigigabit neutral host/open access applications for public Wi-Fi, and 5G small cell densification.

The ADTRAN MetNet 60GHz solution—which includes the new Gen 2 mesh node, Gigabit-ready CPE and cloud-management—delivers twice the capacity and up to four times the reach of competing mmWave products, according to the company. It features self-organizing, self-optimizing and self-healing (SON) technology that extends Gigabit coverage up to 600 meters, is deployable in under 30 minutes and delivers high-capacity (15+ Gbps capacity per node) for wireless access and backhaul.

ADTRAN says the MetNet 60GHz solution could be used to deliver Gigabit tier services to RDOF census block groups (CBGs), as well as support applications such as Gigabit to MDUs, smart city applications, 5G small cell backhaul or offer low-cost Gigabit point-to-point campus LAN extension.

“The ADTRAN MetNet 60GHz solution is the only solution that economically extends Gigabit service wirelessly to deliver both residential and business services where terrain, population density and regulations limit the deployment of fiber,” said Robert Conger, Senior Vice President, Technology and Strategy at ADTRAN. “Now more than ever, service providers are looking for innovative and reliable solutions that simplify the deployment and maintenance of Gigabit service architectures that create new revenue streams while lowering the total cost of service.”

Highlights for the ADTRAN MetNet 60GHz Gen 2 Mesh Node:

Dynamic bandwidth allocation capability for preserving spectrum resources, delivering deployment flexibility, and doubling the capacity available for users.
Support for all six channels in the 60GHz spectrum (57GHz-71GHz), cutting atmospheric attenuation by 90% and offering 50% greater channel selection and coverage.
Unique channel selection per sector and support for channels 5 and 6, delivering up to four times the reach of other new to market 60GHz mmWave products.
Four times more client connections per mesh node (up to 120 CPE or remote nodes) enabling faster network scale with fewer costly fiber drops.
Power consumption 80% lower power per Gigabit connection, requiring fewer mesh nodes, compared to competing 60GHz products.
Cloud-management for remote mesh topology setup, management, service configuration and upgrades, resulting in a network that is simple to deploy and manage.

http://www.adtran.com/fixedwireless

ADTRAN + ADVA merger targets fiber broadband opportunities

Monday, August 30, 2021 ADTRAN, ADVA

ADTRAN and ADVA announced a merger focused on end-to-end fiber networking solutions for communications service provider, enterprise and government customers.

The deal combines ADTRAN’s market presence in fiber access, fiber extension and subscriber connectivity solutions with ADVA’s position in metro wavelength division multiplexing, data center interconnect, business ethernet and network synchronization solutions. The new company, which will retain the ADTRAN name, has last twelve month's (LTM) revenue of $1.2 billion and combined LTM EBITDA of $183 million.

On an investor call, company executives cited a number of drivers for the merger, including

The unprecedented investment cycle in fiber broadband in the U.S. and Europe, including the metro aggregation network upgrades that will be necessary to support FTTH buildouts
On-going technology transition cycles including the adoption of open, disaggregated architecture, SaaS, 100/400G in metro, 10G in access and Wi-Fi 6 on premise.
The shift from Chinese vendors to trusted suppliers, especially in Europe.

Some additional points:

The new company will operate as ADTRAN Holdings, Inc.
The global headquarters will be in Huntsville, Alabama with European headquarters in Munich, Germany.
The new management team: ADTRAN’s Chairman and CEO, Tom Stanton, will serve in the same capacity following the close of the transaction. ADVA’s CEO, Brian Protiva, will transition into the role of Executive Vice Chairman. ADTRAN’s CFO, Mike Foliano, will remain in his current role and ADVA’s CTO, Christoph Glingener, will serve in the same capacity for the combined entity.
The Board of Directors of the combined company will comprise 9 directors, 6 of whom will be directors
designated by ADTRAN and 3 of whom will be directors designated by ADVA.
The combined company will be dual-listed on the NASDAQ and Frankfurt Stock Exchange.

"We are in the early stages of an unprecedented investment cycle in fiber connectivity, especially in the U.S. and Europe, fueled by the demand for last-mile fiber access and middle-mile transport to provide high-speed connectivity to homes, businesses and future 5G infrastructure,” said ADTRAN Chairman and CEO Thomas Stanton. “By joining forces, our combined firm’s portfolio will better position us to capitalize on this highly compelling global opportunity. We expect the transaction will create significant long-term value for both companies’ stakeholders by increasing our scale and improving our ability to serve as a trusted supplier for customers worldwide.”

“The business combination is an outstanding opportunity to leverage the complementary nature of our customers and product portfolios and the compatibility of our companies’ businesses and culture,” said ADVA CEO Brian Protiva. “We are excited to join forces and create a world-class team with exceptional technology expertise and customer focus. Our shared vision and passion for innovative networking solutions will benefit our customers through an enhanced value proposition, including a fully integrated end-to-end architecture for enterprise, access and metro core markets.”

Under the deal, each ADVA share will be exchanged for 0.8244 shares of common stock in the new holding company. The offer is equivalent to €14.98 per ADVA share based on ADTRAN’s 3-month VWAP as of August 27, 2021, representing a premium of 22% to ADVA’s 3-month VWAP for the same time period, an equity value of €789 million, and an enterprise value of €759 million for an implied multiple of 1.3x LTM Revenue. ADTRAN shares will be exchanged for shares in the new holding company on a one-for-one basis. At the closing, ADTRAN shareholders will own approximately 54% of the equity of the combined company and ADVA shareholders will own approximately 46%, assuming a tender of 100% of ADVA shares.

https://investors.adtran.com/news-and-events/events/event-details/2021/ADTRAN-Call/default.aspx

In 2012, ADTRAN acquired Nokia Siemens Networks' fixed line Broadband Access business (BBA), and associated professional services and network management solutions, for an undisclosed sum. Approximately 400 people, including engineering, R&D, sales and professional services employees, transferred to ADTRAN globally. The BBA product set acquired included IP DSLAMs designed for the international market as well as optical access products. The biggest customer at the time was Deutsche Telekom, Bezeq, Sunrise Telecom, etc.