Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

ADTRAN, Inc. (ADTN) Leaps Over The Competition With First Open vCPE

ADTRAN, Inc. (NASDAQ:ADTN) is celebrating a milestone after it recently demonstrated the first open and multi-vendor vCPE (virtual Customer Premise Equipment). The technology targets adoption in the telecommunications industry as an open software-defined access framework.

According to ADTRAN, its vCPE is a significant leap forward for telecom carriers and it hopes the product will generate significant buyer interest.

Renaissance Technologies is currently the hedge fund with the largest position in ADTRAN at 1.16 million shares.

Carrier class test

ADTRAN, Inc. (NASDAQ:ADTN) said that the European Advanced Networking Test Center (EANTC) provided a carrier class test bed for its vCPE. The testing saw participation of 12 vendors, who achieved significant success in infrastructure interoperability using the technology. According to ADTRAN, vendors were able to create advanced combinations of vCPE that enabled them to achieve deep packet inspection filters, virtualized firewalls and a host of other network add-ons.

provider, network, datacenter, parallel, net, hardware, business, server, new, internet, tech, hub, broadband, cable, data, cords, port, socket, digital, adapter, rack,

asharkyu/Shutterstock.com

The test was mainly focused on bringing out the interoperability of vCPE functions. As such, some of the configurations completed by the vCPE included point-to-point connectivity that involved two sites running the same vCPE functions for IPv4 connections.

The other successfully completed test was static bandwidth provisioning. The goal of this test was to show how virtual infrastructure is supposed to handle shared resources. Another test focused on managing of bandwidth on various demand plans.

Global interconnectivity

ADTRAN, Inc. (NASDAQ:ADTN) is hoping to provide the standard open network tools that will enable carriers to successfully navigate today’s challenges to achieve true global interconnectivity. With the industry’s first vCPE, ADTRAN’s confidence about providing network solutions for the future has been bolstered.

Liquidity concerns

ADTRAN doesn’t appear to be worried about its liquidity position as a reason it might have a challenge attaining its goals with vCPE. The company’s short-term liquidity improved to $120.9 million at the end of 1Q2016 compared to $118.9 million a year earlier.

Although ADTRAN’s sales pulled back 0.4% to $142.2 million in the latest quarter, continued cost curtailment saw net income increase to $5 million in the latest quarter compared to $3.3 million a year ago.

Follow Adtran Inc (NASDAQ:ADTN)
Trade (NASDAQ:ADTN) Now!

Note: This article is written by Andy Parker and originally published at Market Exclusive.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!