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Home > Company Index > Telecommunications > Switching & Transmission Equipment > ADC Telecommunications, Inc.

ADC Telecommunications, Inc.
Nasdaq: ADCT
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 NEWS FROM THE WIRES
HEADLINE STOCKS-U.S. stocks to watch on Aug 24
Aug 24 2001 04:07 AM PDT

After The Bell-Cisco boosts techs on positive outlook
Aug 23 2001 02:33 PM PDT

ADC Telecom reports third-quarter loss
Aug 23 2001 01:18 PM PDT

Princeton Optronics raises $25 mln in new round
Aug 19 2001 03:11 PM PDT

Argentine stocks dragged down by falling bonds
Aug 01 2001 10:03 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Layoffs, Losses and Closures Continue in Telecom Sector
Aug 02 2001 12:00 PM PDT

ADC Telecom to Cut 2,500 More Jobs
Aug 01 2001 07:24 AM PDT

Reversal of Fortune
Jul 26 2001 02:27 PM PDT

Revising Downward
May 25 2001 08:09 AM PDT

Labor Pains
May 08 2001 09:21 AM PDT

 PROFILE
ADC Telecommunications' transmission overhauls don't leave grease stains on the driveway. The company makes systems that crank up the rate at which data is transmitted. ADC generates more than half its sales from broadband connectivity equipment. Its products (fiber optics, wireless network repeaters, multiplexers, integrated access devices, and amplifiers) are used deep within networks as well as in infrastructure equipment installed between central offices and customers. The company also provides network management software and related services. ADC caters to the local and long distance telephone (55% of sales), wireless, and cable TV industries. It is expanding its technological prowess through acquisitions.

 COMPETITION
Cisco Systems, Inc. (CSCO)
Lucent Technologies Inc. (LU)
Nortel Networks Corporation (NT)

 DEALS
Deal: ADC Telecom Buys Broadband Access Systems
Date Announced: 09.20.00
Value of transaction (US $Mil): 2250
Description: Fiber-optic networking company buys connectivity software company.

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 TRACKERS
Jan. 05, 2001 - LAYOFF TRACKER
400 laid off
Description: Laying off approximately 18% of the staff in its systems-integration department in an effort to boost profitability. Cuts represent less than 2% of the company's overall 22,400-person workforce.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 3,287.90
1-Yr. Sales Growth: 70.6%
Employees: 22,450
Revenue per employee: $146,454.34

 KEY PEOPLE
• Richard R. Roscitt
    CEO
• Robert E. Switz
    CFO

 CONTACT INFO
12501 Whitewater Dr.
Minnetonka, MN 55343
US
Phone: 952-938-8080
Fax: 952-946-3292
Online: Web Site

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