To listen, simply visit the Investor Relations site at http://www.adtran.com or http://www.streetevents.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. Reconciliation of Net Income (Loss) and Earnings (Loss) per Common Share – Basic and Diluted to Non-GAAP, Net Income (Loss) and Non-GAAP Earnings (Loss) per Common Share – Basic and Diluted, Tax effect of adjustments to net income (loss), Earnings (loss) per common share - diluted, Non-GAAP earnings (loss) per common share - basic, Non-GAAP earnings (loss) per common share - diluted. The combination of ADTRAN and SmartRG will enable broadband providers to improve subscriber experience from the access network into any home or business. The Company’s most targeted sectors include communications (50%) and business services (17%). sales@smartrg.com The company’s executive team and employees will remain in place to ensure a seamless transition and accelerated market share growth, while leveraging ADTRAN’s global reach and resources. IV/M.580 – ABB/Daimler-Benz, p.1 (sections 2-3), pp.38-39, Schweizerische Lokomotiv- und Maschinenfabrik AG, DBAG Class 145 family, Adtranz Octeon platform, "ADTRANZ RAILWAY CONFERENCE '98' IN OSLO – UNIVERSAL RAIL INNOVATION", "Adtranz: restructuring based on seven product lines", "DaimlerChrysler buys ABB's share in Adtranz", "DaimlerChrysler AG, Annual Report to Securities and Exchange Commission, Washington, D.C.", "Greenbrier to Acquire Adtranz Freight Wagon Division in Siegen, Germany", "GREENBRIER COMPLETES ACQUISITION OF ADTRANZ FREIGHT WAGON DIVISION", "Commission clears takeover of ADtranz by Bombardier, subject to commitments", "Bombardier's Acquisition of Adtranz Now Completed", "Bombardier Reaches a Settlement Agreement With DaimlerChrysler", "ADtranz — Neue Corporate Identity und Namensentwicklung für ein führendes Bahntechnik-Unternehmen", "Commission Decision of 18 October 1995 on the compatibility of a concentration with the common market and with the operation of the EEA Agreement in a proceeding pursuant to Council Regulation (EEC) No 4064/89 (Case No IV/M.580 - ABB/Daimler-Benz)", Bombardier Aerospace and Embraer S.A. government subsidy controversy, List of Bombardier recreational and snow vehicles, List of Bombardier Transportation products, https://en.wikipedia.org/w/index.php?title=Adtranz&oldid=975151584, Articles with dead external links from February 2019, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, Rail vehicles, railway electrification and signalling. Rhonda Lambert, 256-963-7450 An online replay of the Company’s conference call, as well as the text of the Company's conference call, will be available on the Investor Relations site approximately 24 hours following the call and will remain available for at least 12 months. ADTRAN will webcast this conference call. Commission Decision of 18 October 1995 .. Case No. [24] The takeover came into legal effect on 1 May 2001 with a final price of $725million and ADtranz was folded into Bombardier. residential gateways, forecast broadband operators migrate, manage and monetize the increasingly For the quarter, revenue was $128.7 million. SmartRG Inc. offers the best whole-home Wi-Fi service delivery platform [10] The proposed merger was suspended pending a report on any potential anti-competitive effects of the merger, on 18 October 1995 the merger was allowed, provided that both companies divest themselves of any shares in Kiepe (traction components company). var addy_text55ecbb8eb2a9e19f8f82e479bbfbd6da = 'sales' + '@' + 'eoptolink' + '.' + 'com';document.getElementById('cloak55ecbb8eb2a9e19f8f82e479bbfbd6da').innerHTML += ''+addy_text55ecbb8eb2a9e19f8f82e479bbfbd6da+'<\/a>'; This email address is being protected from spambots. everywhere and everything—the internet the way it should be. Copyright © 2018 Eoptolink Technology Inc., Ltd. All rights reserved. The price would be subject to the acquired company entering profitability in the following year – if not the sale price would be reduced. Together, ADTRAN Mosaic and Smart OS provide full end-to-end management and orchestration solutions from cloud edge to subscriber edge. The acquisition significantly increased the size of Bombardier's rail industry holdings making Bombardier the largest rail equipment manufacturer in the world at the time. Copyright © 2020 Pericles Ventures Pvt. proprietary options to SmartOS—its open-source-based, cloud-enabled Net income for the second quarter of 2020 was $0.8 million and earnings per share, assuming dilution, was $0.02 per share. ADTRAN has acquired in 5 different US states, and 2 countries. The company’s executive team and employees will against this need will enable ADTRAN and SmartRG customers to lower network into any home or business. Above the text ADtranz, the company logo included a green dot, symbolising a signal set on green, as well as the environmental friendliness of railways. The HUNTSVILLE, Ala. — (December 6, 2018)—ADTRAN, Inc., (NASDAQ:ADTN), the leading provider of next-generation open networking solutions, announced its acquisition today of SmartRG Inc—a pacesetter and accomplished innovator of carrier-class, open-source connected home platforms and cloud services for broadband service providers. On 8 May 1995 ABB and Daimler-Benz proposed a merger of their rail industry related activities into a single autonomous 50:50 joint venture; the combined group would be the largest rail-technology company in the world. Summary. ADTRAN, Inc. (NASDAQ: ADTN) (“ADTRAN” or the “Company”) announced today preliminary estimates of certain financial results for the third quarter ended September 30, 2019. will come from the ability to optimize the subscriber experience,” Based in Vancouver, Washington, SmartRG brings long-standing industry leadership and expertise in open-source software development, as well as a comprehensive portfolio of cloud-management, analytics, Wi-Fi-enabled residential gateways and its SmartOS software platform. (7) $0.1 million is included in total cost of sales, $0.7 million is included in selling, general and administrative expenses and $0.6 million is included in research and development expenses on the consolidated statements of income. The Company also announced that its Board of Directors declared a cash dividend for the second quarter of 2020. (1) $0.6 million is included in selling, general and administrative expenses and $0.5 million is included in research and development expenses on the condensed consolidated statements of income. (4) Includes non-cash change in fair value of equity investments held in the ADTRAN, Inc. ADTRAN, Inc., the leading provider of next-generation open networking solutions, announced its acquisition of SmartRG Inc. A pacesetter and accomplished innovator of carrier-class, open-source connected home platforms and cloud services for broadband service providers. said. ADTRAN, Inc. (NASDAQ:ADTN) reported results for the first quarter 2019. [7] In preparation for a sale from DaimlerChrysler buyers for non-core rolling stock manufacturing businesses were sought. party devices to give operators greater flexibility. This acquisition emphasizes ADTRAN’s commitment to helping broadband providers lower operating expenses and connect everyone, everywhere and everything—the internet the way it should be. Adjustments to reconcile net income (loss) to net cash provided by operating activities: Amortization of net premium on available-for-sale investments, Net loss on disposal of property, plant and equipment. [11] [12] In 2012 ADTRAN’s closing of acquisition of the Nokia Siemens Networks Broadband division … [21] No buyer was found for the railway signalling division. [2] Polish manufacturer Pafawag was acquired in 1997 and the facility modernised,[4] controlling interests in MÁV Dunakeszi,[note 2] Hungary and Schindler Waggon Switzerland were also acquired by the end of 1997. [31] It was capitalised by the companies with a capital D as ADtranz, following the standard English text formatting and capitalisation rules it is spelled with a small d as Adtranz. (11) $0.2 million is included in total cost of sales, $2.0 million is included in selling, general and administrative expenses and $1.2 million is included in research and development expenses on the consolidated statements of income. ADTRAN, Inc. (NASDAQ:ADTN) announced the completion of its acquisition of the Nokia Siemens Networks Fixed Line Broadband Access Business. (6) $0.1 million is included in total cost of sales, $0.7 million is included in selling, general and administrative expenses and $0.7 million is included in research and development expenses on the consolidated statements of income. Today, technology has become an open source, which can be learned and applied by any geek or group of professionals to address problems related to any field…. An online replay of the conference call will be available for seven days at http://www.streetevents.com. The quarterly cash dividend is $0.09 per common share, to be paid to the Company’s stockholders of record as of the close of business on August 20, 2020.

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