Adtran, Inc.
TypePublic
Nasdaq: ADTN
FWB: QH9
S&P 600 component
SDAX component
ISINUS00486H1059
IndustryTelecommunications, Fiber Networking, Voice and Data Equipment.
Founded1985 (1985)[1]
Headquarters Huntsville, Alabama,[2] US
Key people
Tom Stanton (CEO)
RevenueIncrease US$563.0 Million (FY 2021)[3]
Decrease US$-14.7 Million (FY 2021)[3]
Decrease US$-8.9 Million (FY 2021)[3]
Total assetsIncrease US$569.0 Million (FY 2021)[3]
Total equityDecrease US$357.1 Million (FY 2021)[3]
Number of employees
1405 [4]
ParentADTRAN Holding
Websitewww.adtran.com

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

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.

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]

  • Melbourne, Australia
  • Berlin and Greifswald, Germany
  • Hyderabad, India
  • Tel Aviv, Israel
  • Milan, Italy
  • Riyadh, Saudi Arabia
  • Bratislava, Slovakia
  • Tunis, Tunisia
  • Basingstoke, Hampshire, United Kingdom
  • Adastral Park, Ipswich, United Kingdom
  • Warsaw, Poland
  • Munich, Bavaria, Germany

Certifications

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

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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