Home › Unprecedented investment cycle in fibre sees Adtran merge with ADVA
 

Keywords :   


Unprecedented investment cycle in fibre sees Adtran merge with ADVA

2021-08-31 02:00:00| Total Telecom industry news

On Monday, US-based fibre specialist Adtran announced that it will acquire German firm ADVA for €789 million (around $934 million). The companies expect the resulting entity to have a revenue of $1.2 billion, with the move reportedly creating synergies worth $52 million in the next two years.  …read more on TotalTele.com »

Tags: investment cycle sees merge

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Trump threatens tariffs on countries selling oil to Cuba
30.01Venezuelan MPs approve bill to open up oil sector to private firms
30.01Visit the North Sea oil field used to store greenhouse gas
30.01Why the US dollar hit a four-year low and could fall further
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
More »