ADC Telecommunications Inc. (ADCT) said its FiberGuide Optical Raceway system and OMX600 Optical Distribution Frame have been accepted by the USDA Rural Development Telecommunications program. This allows ADC's products to be used in the expansion of broadband services to underserved and rural communities.
ADC now offers hundreds of Rural Utilities Service listed products to carriers serving rural areas in the United States and seeking funding from the American Recovery and Reinvestment Act of 2009.
The company noted that acceptance by the USDA Rural Development Telecommunications Program of its solutions enables service providers seeking funding from the Rural Utilities Service to propose the use of these products in applications they submit for the agency's loans and grants.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.