Company records its fourth consecutive quarter of record revenues
October 12, 2010
RESEARCH TRIANGLE PARK, N.C. -- Hatteras Networks, the global leader in multi-service Ethernet solutions for enterprise access services and next- generation mobile backhaul, announced today that it has achieved its fourth sequential quarter of record-breaking revenue growth, and profitability. Hatteras’ aggressive growth is sparked by extensive customer expansion, product advancements and an uptake in customers’ mobile backhaul as well as wholesale and retail service deployments.
During the past year, Hatteras increased its market-leading position by growing its global customer base by greater than 30%, including the addition of more Tier 1 telecommunications service providers. Hatteras’ market leadership includes reaching carriers throughout Europe, Asia, Australia, and the Americas. A number of existing very large carrier customers extended their use of Hatteras solutions to include wholesale deployments, dramatically expanding their geographical reach and opening a new revenue stream for Hatteras. Furthermore, these same customers have often extended their deployments to include the entire breadth of Hatteras multi-service Ethernet solutions. During the same period Hatteras has grown their extensive partner network, which now includes Alcatel Lucent, ADVA Optical Networking, Calix, and Occam Networks.
Hatteras Networks Inc.
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