BT Adds U.S. Fiber Supplier to Limit Its Reliance on Huawei Gear [Yahoo! Finance News]
ADTRAN Holdings, Inc. (ADTN)
Last adtran holdings, inc. earnings: 2/5 08:05 pm
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portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
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Source: Yahoo! Finance News
) -- Britain’s biggest landline network has brought on a new supplier to help cut its reliance on China’s Huawei nologies Co. and ramp up construction of a nationwide fiber-optic system.BT Group Plc’s infrastructure unit Openreach signed a long-term contract to bring in U.S. firm Adtran Inc. alongside Huawei and Finland’s Nokia Oyj as a strategic partner. Adding an American component maker will help London-based BT limit the use of China’s Huawei technology in its fiber-optic network and meet national security rules. The parties didn’t disclose financial terms.In January, Britain capped the amount of data that can be carried over Huawei’s full-fiber and 5G equipment at 35%, and gave networks three years to comply. The move dealt to a blow to the Shenzhen-based vendor, but stopped short of U.S. demands for an outright ban.Huawei makes up 44% of the U.K.’s full-fiber market, according to the government. BT said overhauling systems to obey the rules may cost it 500 million pounds $611 mi
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ADTN
News
- ADTRAN to close Greifswald facility within three months [Seeking Alpha]Seeking Alpha
- ADTRAN Holdings, Inc. (NASDAQ: ADTN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $8.00 price target on the stock.MarketBeat
- ADTRAN Holdings, Inc. to Release First Quarter 2024 Earnings on May 6, 2024Business Wire
- ADTN INVESTOR NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - ADTNPR Newswire
- ROSEN, LEADING TRIAL ATTORNEYS, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – ADTNGlobeNewswire
ADTN
Earnings
- 2/26/24 - Miss
ADTN
Sec Filings
- 4/17/24 - Form 8-K
- 4/4/24 - Form DEFA14A
- 3/27/24 - Form ARS
- ADTN's page on the SEC website