Zacks Investment Research | Nov 28, 2018 08:59PM ET
ADTRAN, Inc. (NASDAQ:ADTN) recently announced that its 2nd generation G.fast Distribution Point Units (DPUs) has been selected by NBN Co for deployment in Australia's next phase of national broadband access network. Notably, the deployment of G.fast DPUs will facilitate the delivery of Gigabit speed of broadband service throughout the country.
ADTRAN confirmed the shipment of large numbers of the next generation of G.fast ports for the project. As an advanced fibre service extension technology, G.fast will utilize existing wired infrastructure to connect large capacity networks to houses and businesses. The deployment of the first G.fast DPUs have already begun in the Sydney suburb of Rockdale. Notably, the latest phase of the wholesale national broadband access network is being developed at the Rockdale suburb and completed by 2020.
Notably, the deployment of ADTRAN G.fast technology onto the NBN fibre-to-the-curb (FTTC) network will enable NBN to implement a nationwide broadband network, capable of delivering higher speeds of broadband services to consumers.
Existing Business Scenario
ADTRAN is accelerating the industry’s transition to open, programmable, scalable networks by leveraging Mosaic Software-Defined Access architecture that combines modern Web-scale technologies with open-source platforms to facilitate rapid innovation in multi-technology, multi-vendor environments. The company expects solid traction for ultrabroadband and Fiber-To-The-Home (FTTH) solutions along with SD access and EPON solutions.
Moreover, ADTRAN’s ProCloud Wi-Fi service, which has been developed on the company’s virtual Wireless LAN, is opening new opportunities as Valley Business Solutions (VBS) is utilizing the technology on a wider scale. Apart from these products, the company has registered growth in the professional service activities that deploy the Total Access System components in telecommunication companies.
The company’s global leadership in software-defined access is likely to ensure a steady stream of revenues as it helps clients reduce cost as well as accelerate service delivery and deployment. Shares of the Zacks Rank #3 (Hold) company have recorded lost 11.9% in the past six months compared with the Original post
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.