SOURCE: Paragon Financial Limited

Paragon Financial Limited

January 24, 2012 08:20 ET

FiberTower and ADTRAN Look to Benefit From Booming Backhaul Market

The Paragon Report Provides Equity Research on FiberTower & ADTRAN

NEW YORK, NY--(Marketwire - Jan 24, 2012) - Business in the backhaul space has been growing rapidly in recent years. Demand for mobile data has been a key driver for backhaul providers who are assisting carriers in solving their capacity crunch. According to an article from Wireless Week, the U.S. is a hot market for the fiber- and copper-based backhaul solutions because domestic operators tend to favor fixed-line backhaul over microwave solutions. The Paragon Report examines the outlook for companies in the Communications Equipment & Services industry and provides investment research on FiberTower Corporation (NASDAQ: FTWR) and ADTRAN, Inc. (NASDAQ: ADTN). Access to the full company reports can be found at:

FiberTower Corporation provides facilities-based backhaul services to wireless carriers in the United States. Backhaul is the transport of voice, video, and data traffic from a wireless carrier's mobile base station, or cell site, to its mobile switching center or other exchange point where the traffic is then switched onto a wire line telecommunications network.

The company told creditors last month that it was losing about $180,000 in revenue per month. The company has been losing business from key client Clearwire, and also defaulted on a loan last month after missing an interest payment in November.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Communications Equipment & Services industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

ADTRAN, Inc. designs, manufactures, markets and services network access solutions for communications networks. The company offers a full line of economical mobile backhaul solutions that manage both TDM leased line growth and enable the evolution to IP/Ethernet backhaul.

Last week the company announced that fourth quarter sales increased to $175,286,000 compared to $165,329,000 for the fourth quarter of 2010. ADTRAN also announced that its Board of Directors declared a cash dividend for the fourth quarter of 2011. The quarterly cash dividend is $0.09 per common share to be paid to holders of record at the close of business on February 2, 2012.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at