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ADTN Boosts Fiber Connectivity in Rural North England: Stock to Gain?
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ADTRAN, Inc. (ADTN - Free Report) recently announced that the U.K.-based telecommunication company Quickline has selected ADTN’s advanced fiber access technology to expand network connectivity across rural and underserved regions in Yorkshire and Lincolnshire.
Installing fiber broadband infrastructure in rural areas is challenging and infeasible owing to a scattered population, high investment requirements, small market size and limited resources. However, ADTN’s SDX 6320 and 6330 Series of software-defined optical line terminals address this issue effectively. The compact, power-efficient solution allows operators to install, operate and scale up their network in a cost-efficient manner.
Modern digital society is more and more inclining towards high bandwidth intensive applications. Service providers need multi gigabit ethernet services while supporting mounting capex and opex costs to support this demand. ADTN’s next generation of multigigabit XGS-PON optical network terminal SDX631q matches these requirements. The solution offers multigigabit 2.5GbE services, delivering reliable and secure connectivity at homes and supporting high bandwidth-intensive use cases.
ADTRAN’s open and flexible solution suite seamlessly integrates with Quicklines’ existing network infrastructure. ADTN’s Mosaic CP empowers Quickline to efficiently control and manage its network operation and streamline and improve service delivery. Access to broadband connectivity will support a wide range of services, from e-learning, remote work and telemedicine to high-definition streaming and facilitate the digital transformation of local businesses.
Will This Partnership Drive ADTN’s Share Performance?
There is a growing trend worldwide of expanding network connectivity to remote and underserved areas to support digital services. ADTRAN’s XGS PON technology is well-equipped to deliver affordable and premium gigabit connectivity to hard-to-reach locations. This bodes well for long-term growth prospects.
ADTN’s Stock Price Performance
The stock has lost 38.4% over the past year against the industry’s growth of 42.9%.
In the last reported quarter, it delivered an earnings surprise of 8.25%. It is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Ubiquiti Inc. (UI - Free Report) carries a Zacks Rank #2 (Buy) at present. The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) carries a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.
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ADTN Boosts Fiber Connectivity in Rural North England: Stock to Gain?
ADTRAN, Inc. (ADTN - Free Report) recently announced that the U.K.-based telecommunication company Quickline has selected ADTN’s advanced fiber access technology to expand network connectivity across rural and underserved regions in Yorkshire and Lincolnshire.
Installing fiber broadband infrastructure in rural areas is challenging and infeasible owing to a scattered population, high investment requirements, small market size and limited resources. However, ADTN’s SDX 6320 and 6330 Series of software-defined optical line terminals address this issue effectively. The compact, power-efficient solution allows operators to install, operate and scale up their network in a cost-efficient manner.
Modern digital society is more and more inclining towards high bandwidth intensive applications. Service providers need multi gigabit ethernet services while supporting mounting capex and opex costs to support this demand. ADTN’s next generation of multigigabit XGS-PON optical network terminal SDX631q matches these requirements. The solution offers multigigabit 2.5GbE services, delivering reliable and secure connectivity at homes and supporting high bandwidth-intensive use cases.
ADTRAN’s open and flexible solution suite seamlessly integrates with Quicklines’ existing network infrastructure. ADTN’s Mosaic CP empowers Quickline to efficiently control and manage its network operation and streamline and improve service delivery. Access to broadband connectivity will support a wide range of services, from e-learning, remote work and telemedicine to high-definition streaming and facilitate the digital transformation of local businesses.
Will This Partnership Drive ADTN’s Share Performance?
There is a growing trend worldwide of expanding network connectivity to remote and underserved areas to support digital services. ADTRAN’s XGS PON technology is well-equipped to deliver affordable and premium gigabit connectivity to hard-to-reach locations. This bodes well for long-term growth prospects.
ADTN’s Stock Price Performance
The stock has lost 38.4% over the past year against the industry’s growth of 42.9%.
Image Source: Zacks Investment Research
Zacks Rank & Stocks to Consider
ADTRAN currently carries a Zacks Rank #4 (Sell).
Arista Networks, Inc. (ANET - Free Report) sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the last reported quarter, it delivered an earnings surprise of 8.25%. It is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Ubiquiti Inc. (UI - Free Report) carries a Zacks Rank #2 (Buy) at present. The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) carries a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.