ADTRAN, Inc. ADTN has announced the launch of its new cloud-managed whole home mesh Wi-Fi solution, which is aimed at providing a ubiquitous coverage, automated Wi-Fi performance enhancements and improved security.
The new solution is part of the comprehensive Mosaic Subscriber Experience Suite. Together these create a market-leading, user-driven service model, which enables a simple, intuitive broadband experience, better in-home network visibility and performance optimization.
Wi-Fi is the primary means by which customers judge the quality of their broadband subscription and service provider. Therefore, solving residential Wi-Fi issues has become a priority for service providers selling higher bandwidth subscriptions. Customers expect their Wi-Fi to work well everywhere. Thus, deployment of whole-home mesh networking with dynamic steering is a perfect way to ensure a seamless Wi-Fi experience.
The company has brought its proven enterprise-class technology to resolve new challenges in the home around coverage, interference and capacity. With the improved offering, customers will witness a fair improvement in Wi-Fi performance. The ability to self-diagnose to proactively resolve issues and self-optimize the home network can be powerful tools to reduce both churn and operating expenses.
The ADTRAN SDX 810-RG and 810-AP enhances its market leading SD-Access portfolio, enabling Enterprise-Class Wi-Fi functionality in homes. These support zero-touch deployment, allowing self-installation. Also, these provide machine learning to maximize performance and adapt to interference along with leveraging Mosaic Suite tools to automatically provide security updates and parental controls. The Air Time Fairness feature ensures a fast lane for newer devices while Dynamic Steering matches consumer with best available signal.
This apart, ADTRAN's ProCloud Wi-Fi service, which has been developed on the company's virtual Wireless LAN, is opening up new opportunities as Valley Business Solutions is utilizing its technology on a much wider scale. The company has also registered significant growth in its professional service activities that deploy the Total Access System components in telecommunication companies.
However, over the past three months, ADTRAN's shares have underperformed the industry
with an average loss of 6.7% against growth of 3.3% for the latter.
ADTRAN carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader industry are CommScope Holding Company, Inc. COMM
, Analog Devices, Inc. ADI
and Microchip Technology Incorporated MCHP
, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here
CommScope has an expected long-term earnings growth rate of 7.6%.
Analog Devices has an expected long-term earnings growth rate of 12%. It exceeded earnings estimates in each of the trailing four quarters with an average of 11.7%.
Microchip Technology has an expected long-term earnings growth rate of 14.6%. It surpassed earnings estimates in each of the trailing four quarters, the average being 5.3%. Breaking News: Cryptocurrencies Now Bigger than Visa
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ADTRAN, Inc. (ADTN): Free Stock Analysis Report CommScope Holding Company, Inc. (COMM): Free Stock Analysis Report Microchip Technology Incorporated (MCHP): Free Stock Analysis Report Analog Devices, Inc. (ADI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research