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ADTRAN Solution to Power OptiComm's Network in Australia
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ADTRAN, Inc. (ADTN - Free Report) has collaborated with OptiComm to deploy industry-leading Ten Gigabit per Second Passive Optical Network (XGS-PON) technology for an improved broadband connectivity in Australia. The solution will enable the Australia-based company to upgrade first-generation GPON technologies. The partnership comes as a boon to service providers, especially at a time when customers are getting increasingly dependent on virtual connectivity. Also, it will augment network flexibility and deliver high-quality Internet with the help of ADTRAN’s high-end network implementation services.
With an industry-rich experience of nearly 14 years, OptiComm is a leading telecom service provider that offers best-in-class network solutions. The company is Australia’s largest privately-owned provider of Fiber-to-the-Premises network. It is considered as the default fixed line network provider within OptiComm connected estates. It has been a wholesale network operator since 2007 and is responsible for maintaining last mile telco networks and fixed line access for robust connectivity. Markedly, the alliance will help OptiComm to achieve Internet speeds of up to 10Gbps.
ADTRAN’s XGS-PON is a fixed wavelength passive optical network technology that has paved the path for the roll-out of new-age fiber networks to address the accretive broadband requirements. This technology is believed to be the most effective platform for the delivery of symmetric multi-gigabit services. It manages network traffic through priority scheduling and offers high-bandwidth backhaul services in a cost-effective manner. Currently, the Australian company is in its final phase of developing the XGS-PON technology and intends to deploy the same by 2020 to residential and commercial customers. The network modernization initiative is expected to revamp the teleworking landscape with a future-proof network infrastructure.
It is worth mentioning that ADTRAN’s 10G fiber access technology is well positioned to optimize its customer, geographic and product diversity momentum as service providers seek to improve speed and augment network capabilities. Moving forward, the Huntsville, AL-based company is poised to benefit from growing customer engagements across its portfolio of software-defined access, 10G solutions and G.fast products. The company’s network implementation services provide speed and scale to build fiber and fixed wireless networks. This, in turn, enables service providers to reach more customers and expand their competitive edge. Its global strategy of diversification across geographies and markets bodes well.
ADTRAN’s shares have lost 8.4% against the industry’s growth of 54.3% in the past year.
Cambium delivered a trailing four-quarter positive earnings surprise of 126.4%, on average.
Qualys delivered a trailing four-quarter positive earnings surprise of 14.7%, on average.
Motorola delivered a trailing four-quarter positive earnings surprise of 11.1%, on average.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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ADTRAN Solution to Power OptiComm's Network in Australia
ADTRAN, Inc. (ADTN - Free Report) has collaborated with OptiComm to deploy industry-leading Ten Gigabit per Second Passive Optical Network (XGS-PON) technology for an improved broadband connectivity in Australia. The solution will enable the Australia-based company to upgrade first-generation GPON technologies. The partnership comes as a boon to service providers, especially at a time when customers are getting increasingly dependent on virtual connectivity. Also, it will augment network flexibility and deliver high-quality Internet with the help of ADTRAN’s high-end network implementation services.
With an industry-rich experience of nearly 14 years, OptiComm is a leading telecom service provider that offers best-in-class network solutions. The company is Australia’s largest privately-owned provider of Fiber-to-the-Premises network. It is considered as the default fixed line network provider within OptiComm connected estates. It has been a wholesale network operator since 2007 and is responsible for maintaining last mile telco networks and fixed line access for robust connectivity. Markedly, the alliance will help OptiComm to achieve Internet speeds of up to 10Gbps.
ADTRAN’s XGS-PON is a fixed wavelength passive optical network technology that has paved the path for the roll-out of new-age fiber networks to address the accretive broadband requirements. This technology is believed to be the most effective platform for the delivery of symmetric multi-gigabit services. It manages network traffic through priority scheduling and offers high-bandwidth backhaul services in a cost-effective manner. Currently, the Australian company is in its final phase of developing the XGS-PON technology and intends to deploy the same by 2020 to residential and commercial customers. The network modernization initiative is expected to revamp the teleworking landscape with a future-proof network infrastructure.
It is worth mentioning that ADTRAN’s 10G fiber access technology is well positioned to optimize its customer, geographic and product diversity momentum as service providers seek to improve speed and augment network capabilities. Moving forward, the Huntsville, AL-based company is poised to benefit from growing customer engagements across its portfolio of software-defined access, 10G solutions and G.fast products. The company’s network implementation services provide speed and scale to build fiber and fixed wireless networks. This, in turn, enables service providers to reach more customers and expand their competitive edge. Its global strategy of diversification across geographies and markets bodes well.
ADTRAN’s shares have lost 8.4% against the industry’s growth of 54.3% in the past year.
ADTRAN currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader industry are Cambium Networks Corporation (CMBM - Free Report) , Qualys, Inc. (QLYS - Free Report) and Motorola Solutions, Inc. (MSI - Free Report) . While Cambium sports a Zacks Rank #1 (Strong Buy), Qualys and Motorola carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cambium delivered a trailing four-quarter positive earnings surprise of 126.4%, on average.
Qualys delivered a trailing four-quarter positive earnings surprise of 14.7%, on average.
Motorola delivered a trailing four-quarter positive earnings surprise of 11.1%, on average.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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