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Global spend on ON equipment falls to USD 3.8 bln- study

Thursday 30 August 2012 | 15:18 CET | News
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Global spending on optical networking (ON) equipment declined in the second quarter from the year before, with the respective 6 percent and 19 percent growth in Asia-Pacific and South & Central America (SCA) not able to offset falls elsewhere, data from Ovum revealed. Spending in the quarter fell 8 percent to USD 3.8 billion, the second year-on-year drop in a row. The decline was driven by spending softness in North America and EMEA, each down 19 percent to USD 876 million and USD 950 million respectively. Ciena, FiberHome, and ZTE were the only top vendors to grow revenues both year over

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Categories: General
Companies: Alcatel-Lucent USA/FR / Ciena / Fujitsu / Nokia / Nokia Siemens Networks / Nokia Siemens Networks / Ovum / Siemens / ZTE Belgium
Countries: World
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