& cplSiteName &

Adtran Could See a $120M Stimulus

Phil Harvey

2:30 PM -- JP.MorganChase analyst Ehud Gelblum, in a recent note to clients, sized up the possible impact of the Recovery Act funding on a handful of vendors.

For Adtran, Gelblum wrote:

... we estimate ADTRAN could capture over $40M/year or $120M+ over the three years of the plans given that we calculate total North American wireline capex grows roughly 7% while ADTRAN should be more exposed than other companies with its TA 5000 multi-service access platform, the TA 1100 outside plant DSLAM and an additional broadband backhaul opportunity with the OPTI 6100 optical access MUX.

A consensus of analysts surveyed by Thomson Reuters has Adtran hitting $477 million in revenues this year. Gelblum estimates Adtran will come closer to $500 million, which would put it nearly flat compared to its year-ago number.

— Phil Harvey, Editor-in-Chief, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from The Philter
Ciena's latest acquisition is another piece of a larger back office puzzle for carriers, but the vendor said it's not aiming to become the new OSS stack.
States still have the option of enacting their own net neutrality regulations following today's DC Circuit Court of Appeals ruling upholding the FCC rollback of net neutrality rules.
Ovum Chief Analyst Ed Barton talks to Light Reading's Ray Le Maistre about the services and opportunities 5G unlocks for consumers – and what new capabilities are just around the corner.
The vendor's new XR Optics technology could cut carrier opex and capex in service providers' metro networks. But can the company get everyone else to buy into coherent optical sub-carrier aggregation?
As the editors recap Light Reading's event series on network functions virtualization (NFV) and software-defined networking (SDN), technologies like 5G and edge computing arrive just in time to hurry the industry along its path to more modern networks and add plenty of drama.
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events