Adtran Explained

Adtran, Inc.
Type:Public
Traded As:NASDAQ:

SDAX component
Foundation:[1]
Location: Huntsville, Alabama,[2] US
Key People:Tom Stanton (CEO)
Revenue: US$563.0 Million (FY 2021)[3]
Operating Income: US$-14.7 Million (FY 2021)
Net Income: US$-8.9 Million (FY 2021)
Assets: US$569.0 Million (FY 2021)
Equity: US$357.1 Million (FY 2021)
Num Employees:1405 [4]
Parent:ADTRAN Holding

Adtran, Inc., is an American Fiber Networking and Telecommunications company headquartered in Huntsville, Alabama.[5] It was founded in 1985.

History

Adtran was founded in 1985 by Mark C. Smith[6] and Lonnie S. McMillian,[7] and began operations in 1986, following the AT&T divestiture of the Regional Bell Operating Companies (RBOCs). It supplied network equipment to both the RBOCs and independent telephone companies in the United States.[8]

In 2011, Adtran acquired Bluesocket, a maker of enterprise Wi-Fi equipment based in Burlington, Massachusetts.[9]

In December 2011 Adtran announced a plan to buy the Broadband part from Nokia Siemens Networks.[10] [11] In 2012 Adtran's closing of acquisition of the Nokia Siemens Networks Broadband division was finished.

In 2012, Adtran acquired Nokia Siemens Networks’ Broadband Access Business based in Germany.[12]

In 2016, Adtran acquired CommScope's active fiber business.[13]

In 2018, Adtran acquired connected home software provider SmartRG, a Vancouver, WA, based company that develops and provides carrier-oriented, open-source connected home platforms and cloud services for broadband service providers.[14]

In 2021, Adtran entered into a business combination with ADVA Optical Networks SE, a cloud and mobile services networking company based in Munich and Meiningen in Germany.[15]

In 2022, Adtran acquired the remaining shares of Cambridge Communication Systems (CCS) Limited, a developer of wireless backhaul and transport systems for small cells. It offers an mmWave Gigabit fiber extension system along with web-based management software for planning, configuring and monitoring networks.[16]

Locations

Adtran's corporate headquarters is located in Huntsville, Alabama, in Cummings Research Park. It has international offices located in:[17]

Certifications

The company is certified for ISO 9001, ISO 14001, ISO 27001 and TL 9000.[18]

Notes and References

  1. Web site: ADTRAN, Inc. (ADTN) Company Profile & Facts - Yahoo Finance.
  2. http://www.adtran.com/ About Us
  3. Web site: ADTRAN, Inc. (ADTN) 2021 Annual Report Form (10-K).
  4. Web site: Adtran Social.
  5. News: 2021 . 2021 Adtran 10-K . 10-K . October 21, 2022.
  6. News: Mark C. Smith . . March 29, 2007 . 2007-06-21.
  7. "ADTRAN Co-Founder, Chairman Passes Away "
  8. Web site: About Adtran . October 21, 2022 . www.adtran.com.
  9. Web site: ADTRAN Acquires Bluesocket – Leading Innovator in Virtual Wireless LAN Solutions . www.businesswire.com . en . August 9, 2011.
  10. News: Adtran to Buy NSN's Broadband Unit . Maistre . Ray . December 12, 2011 . Light Reading. 2018-03-30 . en.
  11. Web site: ADTRAN Buys Nokia Siemens Networks' Fixed Line Broadband Access Business (400 People) . Wauters . Robin . December 12, 2011 . TechCrunch . en-US. 2018-03-30.
  12. Web site: ADTRAN to acquire Nokia Siemens Networks fixed line Broadband Access business . Connect-World . December 12, 2011.
  13. Web site: ADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend . investors.adtran.com.
  14. Web site: StackPath . www.lightwaveonline.com.
  15. Web site: ADTRAN Holdings Announces Closing of Business Combination with ADVA . investors.adtran.com.
  16. Web site: Cambridge Communication SystemsCambridge Communication Systems . Craft.co . 2 January 2023.
  17. Web site: Adtran 2021 Annual Report . October 21, 2022 . adtran.com/investor relations.
  18. Web site: October 21, 2022 . 2021 10-K . October 21, 2022 . Adtran.com Investor Relations.