0
Broadband

Adtran revenues fall 18% to USD 129 mln in Q2

Thursday 6 August 2020 | 09:08 CET | News
Adtran reported second-quarter sales down 17.7 percent year-on-year to USD 128.7 million. The company said the shift to remote working led to increased fibre broadband demand and orders from tier 2 and tier 3 service providers in the US as well as strength at its Asia Pacific operations. With 33 new customers added, the results were in line with group expectations. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Adtran
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Adtran Q2 operating income turns positive as fibre demand supports growth

Published 05 Aug 2021 12:32 CET | World
Adtran has reported a rise in second quarter revenue and its operating income turned positive amid strong demand for fibre. The ...

Adtran posts Q4 profit as sales rise 12% on fibre demand

Published 04 Feb 2021 09:13 CET | World
Adtran reported fourth-quarter revenues up 12 percent year-on-year to USD 130.1 million. The net result improved to a profit of ...

Adtran moves to net profit on higher revenues in Q3

Published 03 Nov 2020 16:09 CET | World
Adtran saw its Q3 revenue increase to USD 133.1 million from USD 114.1 million a year earlier. The company moved to net income of ...

ATC Communications selects Adtran TA5000 for business fibre services

Published 22 Oct 2020 11:13 CET | United States
Adtran announced that US service provider ATC Communications (ATC) selected Adtran to modernise its residential fibre broadband ...

Adtran joins LoRa Alliance to help advance IoT connectivity

Published 16 Sep 2020 16:46 CET | World
Adtran joined the LoRa Alliance as a Contributor Member. Adtran said it will lend its expertise in creating reliable, ...

Orange County taps GSA to bridge digital divide with Adtran Gigabit products

Published 15 Jul 2020 11:17 CET | United States
Adtran announced through its Enabling Communities, Connecting Lives program, that the Orange County Broadband Authority (OCBA) ...

Franklin Telephone, Summit Broadband pick Adtran's Mosaic Customer Experience

Published 23 Jun 2020 17:21 CET | United States
Adtran announced US regional operators Franklin Telephone Company (Franklin Telephone) and Summit Broadband selected Adtran's ...

Welcom Net leverages Adtran for business Gfast upgrade

Published 16 Jun 2020 15:03 CET | Finland
Adtran announced a contract with Welcom Net, a Finnish alternative network operator, to extend gigabit broadband services to ...

Townes Telecommunications enhances broadband network with Adtran

Published 09 Jun 2020 16:45 CET | United States
The following ILECs and their communities will benefit from this upgrade: Choctaw Telephone Company in Southwest Missouri; Oregon ...

Adtran expands Gigabit service opportunities with enhanced SD-access portfolio

Published 03 Jun 2020 17:50 CET | World
Adtran expanded its SDX series of open and disaggregated network elements, what it calls the market's only commercially ...

Adtran partners with NRTC to equip United Cooperative Services with 10G for Northern Texas

Published 28 May 2020 19:37 CET | United States
Adtran announced that it's empowering United Cooperative Services (UCS) to deliver multi-gigabit services to the electric ...

Openreach selects Adtran as 3rd supplier for full-fibre network roll-out

Published 14 May 2020 13:23 CET | United Kingdom
Openreach has selected Adtran as a supplier for expansion of its ultrafast, full-fibre network across the UK....

Adtran posts Q1 net loss as revenues fall 20%

Published 07 May 2020 10:20 CET | World
Adtran reported first-quarter revenues down to USD 114.5 million from USD 143.8 million a year earlier. Its net result moved to a ...