ADDvantage Technologies' Service Subsidiary Executes Agreements With Leading Optical Communications OEMs
Portfolio Pulse from Happy Mohamed
ADDvantage Technologies Group, Inc. (NASDAQ:AEY) announced that its subsidiary, Fulton Technologies, has signed multi-year agreements with some of the largest optical communications OEMs in the US. Under these agreements, Fulton's Broadband division is authorized to provide fiber design, engineering, and construction services throughout the US. This comes after the recent expansion of Broadband services by Fulton and is expected to improve legacy deployment methods.
October 13, 2023 | 1:02 pm
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ADDvantage Technologies' new agreements could lead to increased revenues and growth for the company, as it expands its broadband services across the US.
The new agreements signed by ADDvantage Technologies' subsidiary, Fulton Technologies, with major optical communications OEMs in the US, could lead to increased revenues and growth for the company. This is due to the expansion of broadband services across the US, which is likely to increase demand for the company's services.
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