Still waiting for broadband stimulus, prospects not as bright as once hoped

Broadband stimulus project revenues probably will not show up in Adtran's sales figures until 2010, Thomas R. Stanton, Adtran CEO, said though earlier in the year the firm had been hopeful some revenues would be seen in the 2009 calendar year. Also, the magnitude of spending by recipients for firms such as Adtran is no longer as clear as once was believed.

According to company officials, there still remains a possibility that some lead spending could occur as early as December, and Adtran expects actual impact sometime in the first quarter 2010...