Does this have anything to do with the weakness?
HUNTSVILLE, Ala.--(BUSINESS WIRE)--June 23, 1997--ADTRAN, Inc. (NASDAQ:
ADTN) announced today that U S WEST has awarded substantial digital channel
unit business to ADTRAN. ADTRAN offers a broad line of digital channel units,
transforming the existing network of copper wires into high-speed digital
networks.
Under the agreement, ADTRAN will provide products supporting U S WEST's
demands for digital channel units. ADTRAN's digital channel units bring new
life to the copper networks by enabling economic, efficient deployment of
digital services. ADTRAN designs, develops and manufactures a broad line of
channel units, range extension devices and network termination devices for
digital service providers.
ADTRAN's products will be used by U S WEST to deploy Switched 56, DDS and
ISDN services to customers needing high-speed connectivity for applications
such as Frame Relay networking, remote to corporate office data transfer,
Internet access and other wide area networking activities.
"ADTRAN is pleased to offer U S WEST a means of meeting customers'
networking needs. We understand these efforts to provide high-speed data
transfer services and are pleased to offer our products to meet these needs,"
ADTRAN Vice President of Telco Marketing Tom Stanton said.
ADTRAN was established in 1985 to design, develop and manufacture advanced
transmission products for high-speed digital communications. ADTRAN is a
primary provider of DDS, ISDN and HDSL digital loop products to Regional Bell
Operating Companies and many well known OEMs. The broad selection of customer
premises products offered by ADTRAN includes a complete line of DSU/CSUs, a
variety of ISDN extension and network terminating products and flexible T1
multiplexers. For more information regarding ADTRAN and its products, call
1-800-326-3700, fax (205) 971-8116, or E-Mail: info@adtran.com. ADTRAN can be
found on the Internet at www.adtran.com.
U S WEST is in the connections business, helping customers share
information, communications and entertainment services in local markets
worldwide. One of the company's major groups, U S WEST Communications,
provides telecommunications services to more than 25 million customers in 14
western and midwestern states. The other main group, U S WEST Media Group, is
involved in domestic and international cable and wireless networks, directory
publishing and information services.
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