Technology Deployments and Upgrades, Board Appointments, and Notes Offering - Analyst Notes on Arris, CIENA, Harris, ADTRAN and CommScope
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NEW YORK, May 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Arris Group, Inc. (NASDAQ: ARRS), CIENA Corp. (NYSE: CIEN), Harris Corp. (NYSE: HRS), ADTRAN, Inc. (NASDAQ: ADTN) and CommScope Holding Company, Inc. (NASDAQ: COMM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2838-100free.
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Arris Group, Inc. Analyst Notes
On May 15, 2014, Arris Group, Inc. (Arris) announced that it has appointed Dr. Jeong Kim to the Company's Board of Directors. According to the Company, Dr. Kim currently serves on the Board of Schneider Electric, S.A. and Nuclear Threat Initiative (NTI) while he is also former President of Bell Labs and Chief Strategy Officer of Alcatel-Lucent. "Dr. Kim brings to the Board his outstanding experience and leadership in the telecommunications industry from an engineering and strategy point of view as well as keen acumen from a business and operations prospective," said Robert J. Stanzione, ARRIS Chairman and CEO. "Dr., Kim's membership adds uniquely to the skill sets of our Board that will help guide ARRIS through these transformative times in the information industry. We welcome his addition with pride." The full analyst notes on Arris are available to download free of charge at:
http://www.analystsreview.com/2838-ARRS-23May2014.pdf
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CIENA Corp. Analyst Notes
On May 19, 2014, CIENA Corp. (Ciena) announced that NORDUnet - an international collaboration between the Nordic national computer networks for research and education - is transforming its network to offer flexible, high-capacity and resilient network connections to the Nordic National Research and Education Networks (NREN) community. The Company stated that NORDUnet is deploying converged packet optical platforms and software from Ciena for programmable 100G Optical Transport Network (OTN) switching. According to Ciena, this transformation will enable NORDUnet to support demanding applications and high-bandwidth projects; such as bandwidth-on-demand, big data research, analytics, and high-definition educational content. Lars Lange Bjørn, Manager Network Planning and Engineering at NORDUnet, said, "Research and education institutions have exceptionally demanding network needs. With Ciena's platforms we can deliver the best possible service experience to our end-customers with the flexibility and agility to quickly react to changing network requirements and to support cross-border collaborations." The full analyst notes on CIENA are available to download free of charge at:
http://www.analystsreview.com/2838-CIEN-23May2014.pdf
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Harris Corp. Analyst Notes
On May 7, 2014, Harris Corp. (Harris) announced that it has successfully completed the first of four antenna-feed upgrades that will provide performance improvements essential to process the new frequencies and increased volume of meteorological data, which will come from the National Oceanic and Atmospheric Administration's (NOAA) Geostationary Operational Environmental Satellite - R Series (GOES-R). Harris stated that the four 9.1-meter antennas undergoing the upgrade are located at NOAA's Satellite and Operations Facility in Suitland, Maryland. The Company informed that the first upgraded antenna has already been brought on line with the current GOES satellite system. "We have worked closely with NOAA and our industry partners to bring the new antenna online nearly two years prior to launch," said Romy Olaisen, Vice President, Civil Programs, Harris Government Communications Systems. The full analyst notes on Harris are available to download free of charge at:
http://www.analystsreview.com/2838-HRS-23May2014.pdf
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ADTRAN, Inc. Analyst Notes
On May 16, 2014, ADTRAN, Inc. (ADTRAN) announced the appointment of Kathryn Walker as a Director with term until the 2015 annual meeting of stockholders. The Company informed that Ms. Walker has more than 30 years of experience in the communications industry and since 2009 she has served as a Managing Director for OpenAir Equity Partners. ADTRAN Chairman and CEO Tom Stanton said, "We are pleased to have an individual of Ms. Walker's stature join our board of directors. Her broad experience in the communications industry will be of great value. As a proven leader, she is well qualified to serve on our board of directors." The full analyst notes on ADTRAN are available to download free of charge at:
http://www.analystsreview.com/2838-ADTN-23May2014.pdf
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CommScope Holding Company, Inc. Analyst Notes
On May 15, 2014, CommScope Holding Company, Inc. (CommScope) announced that its wholly owned subsidiary, CommScope, Inc., intends to offer $1.1 billion in aggregate principal amount of senior unsecured notes comprising of two tranches of $550 million each, subject to market conditions, to qualified institutional buyers. The Company stated that it intends to use the net proceeds from this offering, along with cash on hand, to redeem the $1.1 billion outstanding aggregate principal amount of its 8.25% senior notes due 2019. The full analyst notes on CommScope are available to download free of charge at:
http://www.analystsreview.com/2838-COMM-23May2014.pdf
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