Will ADDvantage Technologies Group, Inc. (AEY) Repeat its CATV Success in Telco?
ADDvantage Technologies Group, Inc. (NASDAQ:AEY) has earned a reputation as a one-stop-shop in the cable TV (CATV) industry. The company, based in Broken Arrow, Oklahoma, has made a name for itself selling and servicing new, surplus and refurbished cable television equipment to CATV operators. Many of its customers are multiple system operators (MSOs) of CATV franchises and other large outfits that sell to these customers. And although mainly concentrated in the domestic market, the company has customers in Canada, Central America, South America and throughout the world. However, current trends in CATV are like the fare to be seen on…