FCC Exempts Some Netgear, Adtran Routers from Covered List

The Federal Communications Commission exempts Netgear’s Nighthawk consumer, mesh, mobile and standalone routers from its covered list, according to a statement from the agency.

• The FCC also exempts Adtran service delivery gateway class routers from its list
• Netgear’s Orbi consumer mesh, mobile and standalone routers are also exempted, according to the FCC
• Netgear shares rose as much as 3.3% and Adtran shares extended gains to a session high, up 3.2%, after the FCC announced the exemptions
• NOTE: FCC Bans Wireless Router Imports, Citing Security Concerns

To contact the reporter on this story:
Andrea Salcedo in Washington at asalcedo31@bloomberg.net

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