ADTN

TPG Reaches New Speeds with Adtran Gfast Fiber Extension Portfolio

Retrieved on: 
Wednesday, August 10, 2022
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Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that TPG Telecom Group (TPG) is leveraging the Adtran second generation Gigabit Gfast fiber extension portfolio to upgrade existing broadband services to Gigabit speeds and attract new subscribers.

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that TPG Telecom Group (TPG) is leveraging the Adtran second generation Gigabit Gfast fiber extension portfolio to upgrade existing broadband services to Gigabit speeds and attract new subscribers.
  • Adtran is enabling TPG to rapidly roll out Gigabit broadband services to more than 230,000 premises and over 2,000 buildings across Eastern Australia.
  • The Adtran second-generation Gfast fiber extension solution makes it easier to connect hard-to-reach urban and rural locations with Gigabit services by using existing in-building copper or coax wiring to access customers.
  • For TPG, our Gfast portfolio provides the capability to leverage its existing network to deliver ultra-broadband and Gigabit broadband speeds, said Anthony Camilleri, Chief Technology Officer, APAC at Adtran.

DGAP-News: Adtran Holdings, Inc. Reports Earnings for the Second Quarter of 2022 and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, August 4, 2022
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HUNTSVILLE, Ala. (August 3, 2022) ADTRAN Holdings, Inc., (NASDAQ: ADTN) (ADTRAN or the Company), today announced financial results for the second quarter of 2022.

Key Points: 
  • HUNTSVILLE, Ala. (August 3, 2022) ADTRAN Holdings, Inc., (NASDAQ: ADTN) (ADTRAN or the Company), today announced financial results for the second quarter of 2022.
  • Net income for the second quarter of 2022 was $2.1 million and earnings per share was $0.04.
  • The Company also announced that its Board of Directors declared a cash dividend for the second quarter of 2022.
  • ADTRAN Holdings, Inc. solely owns ADTRAN, Inc. (Adtran) and is the majority shareholder of ADVA Optical Networking SE (ADVA).

ADTRAN Holdings, Inc. to Release Second Quarter 2022 Earnings on August 3, 2022

Retrieved on: 
Wednesday, July 20, 2022
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ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the second quarter 2022 after market close on Wednesday, August 3, 2022.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the second quarter 2022 after market close on Wednesday, August 3, 2022.
  • The Company will conduct a conference call on Thursday, August 4, 2022, to discuss the results for the quarter.
  • Adtran will webcast this conference.
  • To listen, simply visit Adtrans Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event Adtran Releases 2nd Quarter 2022 Financial Results and Earnings Call, and click on the Webcast link.

ADTRAN Holdings Announces Closing of Business Combination with ADVA

Retrieved on: 
Friday, July 15, 2022
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ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced the closing of its business combination with ADVA Optical Networking SE (FSE: ADV) (ADVA).

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced the closing of its business combination with ADVA Optical Networking SE (FSE: ADV) (ADVA).
  • ADTRAN Holdings is now the parent company of ADTRAN, Inc. (ADTRAN) through the merger of ADTRAN with and into a wholly-owned subsidiary of ADTRAN Holdings.
  • Additionally, tendered ADVA shares were exchanged for shares of ADTRAN Holdings today, making ADTRAN Holdings the majority shareholder of ADVA.
  • All forward-looking statements included in this document are based upon information available to ADTRAN, ADVA and ADTRAN Holdings on the date hereof, and each of ADTRAN, ADVA and ADTRAN Holdings disclaims and does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

FDI Approvals Completed for ADTRAN/ADVA Business Combination

Retrieved on: 
Wednesday, July 6, 2022
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The proposed ADTRAN/ADVA business combination was announced in August 2021.

Key Points: 
  • The proposed ADTRAN/ADVA business combination was announced in August 2021.
  • Regulatory approvals were the final offer conditions to complete before closing and those requirements have now been fully met with all approvals secured.
  • This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in ADVA.
  • These forward-looking statements include, but are not limited to, statements regarding benefits of the proposed business combination, integration plans and expected synergies, and anticipated future growth, financial and operating performance and results.

Adtran, Inc. to Release First Quarter 2022 Earnings on May 4, 2022

Retrieved on: 
Thursday, April 14, 2022
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ADTRAN, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the first quarter 2022 after market close on Wednesday, May 4, 2022.

Key Points: 
  • ADTRAN, Inc. (NASDAQ: ADTN) announced today that the Company will release its financial results for the first quarter 2022 after market close on Wednesday, May 4, 2022.
  • The Company will conduct a conference call on Thursday, May 5, 2022 to discuss the results for the quarter.
  • Adtran will webcast this conference.
  • To listen, simply visit Adtrans Investor Relations site at www.adtran.com/investor approximately 10 minutes prior to the start of the call, click on the event Adtran Releases 1st Quarter 2022 Financial Results and Earnings Call, and click on the Webcast link.

ADTRAN Stockholders Overwhelmingly Approve Business Combination with ADVA Optical Networking SE

Retrieved on: 
Thursday, January 6, 2022
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ADTRAN, Inc., (NASDAQ: ADTN) today announced that its stockholders have approved the business combination with ADVA Optical Networking SE by an overwhelming majority.

Key Points: 
  • ADTRAN, Inc., (NASDAQ: ADTN) today announced that its stockholders have approved the business combination with ADVA Optical Networking SE by an overwhelming majority.
  • In a Special Meeting of Stockholders held earlier today, a quorum was achieved with 85% of ADTRANs outstanding shares represented.
  • The transaction has already been approved unanimously by the ADTRAN Board of Directors, approved by the ADVA Management and Supervisory Boards, who also have recommended to ADVA shareholders to accept the offer.
  • ADTRAN and certain of its directors and executive officers and employees may be considered participants in the solicitation of proxies from the shareholders of ADTRAN in respect of the business combination.

ADTRAN Announces Quorum to Approve Business Combination with ADVA Optical Networking SE

Retrieved on: 
Tuesday, January 4, 2022
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ADTRAN, Inc. (NASDAQ: ADTN) today announced that it has achieved a quorum for the Special Meeting of Stockholders to be held at 10:30 a.m. Central Standard Time on Thursday, January 6, 2022, in connection with its proposed business combination with ADVA Optical Networking SE.

Key Points: 
  • ADTRAN, Inc. (NASDAQ: ADTN) today announced that it has achieved a quorum for the Special Meeting of Stockholders to be held at 10:30 a.m. Central Standard Time on Thursday, January 6, 2022, in connection with its proposed business combination with ADVA Optical Networking SE.
  • The proxy statement and other documents related to the business combination can be found online at acorn-offer.com.
  • ADTRAN and ADVA intend to combine the two companies and create a leading global, scaled provider of end-to-end fiber networking solutions for communications service provider, enterprise, and government customers.
  • ADTRAN and certain of its directors and executive officers and employees may be considered participants in the solicitation of proxies from the shareholders of ADTRAN in respect of the business combination.

Lifshitz Law Firm, P.C. Announces Investigation of ADTN, CCMP, GFED, and IHC

Retrieved on: 
Monday, December 20, 2021
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announces investigation into possible breach of fiduciary duties in connection with the merger of ADTN and ADVA.

Key Points: 
  • announces investigation into possible breach of fiduciary duties in connection with the merger of ADTN and ADVA.
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • announces investigation into possible breach of fiduciary duties in connection with the sale of IHC to Geneve Holdings, Inc. for $57.00 in cash per share of IHC owned.
  • The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ADTN, PTRS, GFED, STXB; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Wednesday, December 15, 2021
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If you are an ADTRAN shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an ADTRAN shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.