Global optical networking equipment spending declined 8 percent year-over-year in...
Global optical networking equipment spending declined 8 percent year-over-year in Q2, staking any hope of year-over-year growth for 2012 on “a very big bang” in Q4, Ovum said Thursday. The global figures remain disappointing, in Ovum’s view, despite 6 percent…
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growth in Asia-Pacific and 19 percent growth in South and Central America. “Despite good prospects in Asia-Pacific and SCA, this was not sufficient throughout the first half of the year to push the global market to growth,” said Dana Cooperson, Ovum vice president-practice leader for network infrastructure, in a news release. “Prospects in the eurozone have not yet improved and are unlikely to turn around quickly. Prospects for North American tier-2 carriers are improving, but any growth in spending may not make up the gap for vendors that depend on spending by the largest carriers” (http://xrl.us/bnnrxj).