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Global optical network market down 2% in Q1 - study

Monday 2 June 2014 | 09:37 CET | News
Revenues for the global optical networking (ON) equipment market came in at USD 3.1 billion in the first quarter of 2014, down 14 percent from the previous quarter and 2 percent year-on-year, according to the latest figures released by Ovum. Spending increases in North America were not enough to offset double-digit quarterly declines in every other region, said the research firm, which added that the latest quarterly revenues were the lowest in over 7 years. However, in spite of the regional fluctuations in spending, Ovum predicted that improved conditions should enable 4.6 percent growth for

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Categories: Fixed
Companies: Alcatel-Lucent USA/FR / Ciena / Cisco / Coriant / Fujitsu / Huawei China / Infinera / Ovum / ZTE Belgium
Countries: World
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