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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 »

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