ADTRAN, Inc. (ADTN - Free Report) recently announced that select utility service providers like Sequachee Valley Electric Cooperative, Meriwether Lewis Electric Cooperative, North Alabama Electric Cooperative and Tombigbee Electric Cooperative have selected its access solutions to deliver Gigabit broadband to their communities.
ADTRAN offers an open Gigabit broadband access portfolio to help service providers, cable operators, municipalities and rural carriers deploy ultra-fast broadband services that are likely to transform the communication modes of several communities across the rural United States.
The company’s solutions are designed to maximize the existing network while enabling migration to Gigabit and new software-based deployment models. Gigabit service allows rural communities to participate in today’s globally-connected marketplace, thereby fostering economic growth, access to better educational and healthcare services, and several other facilities.
ADTRAN’s Total Access 5000 Series Multi-Service Access Nodes bridge the gap between existing and the next-generation networks. It supports both legacy and emerging service interfaces over copper and fiber. Using the company’s Total Access 5000 Gigabit services architecture, the cooperatives are establishing multi-gigabit fiber access solutions that provide the reliability and flexibility demanded of a modern telecommunications network.
ADTRAN is accelerating the industry’s transition to open, programmable, scalable networks by leveraging the ADTRAN 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’s products and services provide solutions supporting fiber- and copper-based infrastructures and a growing number of wireless and coax-based solutions, lowering the overall cost to deploy advanced services across a wide range of applications.
Over the past three months, shares of ADTRAN have outperformed the industry with an average return of 19% compared with 5% growth for the latter.
ADTRAN currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader industry include AT&T Inc. (T - Free Report) , United States Cellular Corporation (USM - Free Report) and Windstream Holdings, Inc. (WIN - Free Report) . While AT&T sports a Zacks Rank #1 (Strong Buy), United States Cellular and Windstream carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
AT&T has a long-term earnings growth expectation of 3.6%. It surpassed earnings estimates twice in the trailing four quarters with an average positive surprise of 5.9%.
United States Cellular has a long-term earnings growth expectation of 1%. It surpassed earnings estimates thrice in the trailing four quarters with an average positive surprise of 303.6%.
Windstream surpassed earnings estimates twice in the trailing four quarters with an average positive surprise of 23.5%.
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