Adtran

Last updated
Adtran, Inc.
Company type Public
Nasdaq:  ADTN
FWB:  QH9
S&P 600 component
SDAX component
ISIN US00486H1059
Industry
  • Telecommunications
  • Fiber Networking
  • Voice and Data Equipment
Founded1985;39 years ago (1985) [1]
Headquarters Flag of the United States.svg Huntsville, Alabama, [2] US
Key people
Tom Stanton (CEO)
RevenueIncrease2.svg US$563.0 Million (FY 2021) [3]
Decrease2.svg US$-14.7 Million (FY 2021) [3]
Decrease2.svg US$-8.9 Million (FY 2021) [3]
Total assets Increase2.svg US$569.0 Million (FY 2021) [3]
Total equity Decrease2.svg US$357.1 Million (FY 2021) [3]
Number of employees
1405 [4]
Parent ADTRAN Holding
Website www.adtran.com

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

Contents

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.[ citation needed ]

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. [5] It has international offices located in: [17]

Certifications

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

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References

  1. ↑ "ADTRAN, Inc. (ADTN) Company Profile & Facts - Yahoo Finance".
  2. ↑ About Us; TBE website; retrieved April 25, 2007
  3. 1 2 3 4 5 "ADTRAN, Inc. (ADTN) 2021 Annual Report Form (10-K)".
  4. ↑ "Adtran Social".
  5. 1 2 "2021 Adtran 10-K" (PDF). 10-K. 2021. Retrieved October 21, 2022.
  6. ↑ "Mark C. Smith". The Huntsville Times . March 29, 2007. Retrieved 2007-06-21.
  7. ↑ "ADTRAN Co-Founder, Chairman Passes Away Archived November 19, 2007, at the Wayback Machine "
  8. ↑ "About Adtran". www.adtran.com. Retrieved October 21, 2022.
  9. ↑ "ADTRAN Acquires Bluesocket – Leading Innovator in Virtual Wireless LAN Solutions". www.businesswire.com. August 9, 2011.
  10. ↑ Maistre, Ray (December 12, 2011). "Adtran to Buy NSN's Broadband Unit". Light Reading. Retrieved 2018-03-30.
  11. ↑ Wauters, Robin (December 12, 2011). "ADTRAN Buys Nokia Siemens Networks' Fixed Line Broadband Access Business (400 People)". TechCrunch. Retrieved 2018-03-30.
  12. ↑ "ADTRAN to acquire Nokia Siemens Networks fixed line Broadband Access business". Connect-World. December 12, 2011.
  13. ↑ "ADTRAN, Inc. Reports Record Results for the Second Quarter 2017 and Declares Quarterly Cash Dividend". investors.adtran.com.
  14. ↑ "StackPath". www.lightwaveonline.com.
  15. ↑ "ADTRAN Holdings Announces Closing of Business Combination with ADVA". investors.adtran.com.
  16. ↑ "Cambridge Communication SystemsCambridge Communication Systems". Craft.co. Retrieved 2 January 2023.
  17. ↑ "Adtran 2021 Annual Report" (PDF). adtran.com/investor relations. Retrieved October 21, 2022.
  18. ↑ "2021 10-K" (PDF). Adtran.com Investor Relations. October 21, 2022. Retrieved October 21, 2022.
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