Zolt, here is something for you to chew on. REAL INFORMATION. Cisco made a big deal with it's recent $100 million optics win with a start up ISP. Long way to go to catch up to NT at that rate I would say! By the implication for Optics network goes beyond backbone.....edge routers/switches market share will be affected by what happens in the optics arena. CSCO is exposed on both fronts. You better hope the risk is built into their share price.
3/13/00 - Dell'Oro Group Ranks Nortel Networks No. 1 Globally in Optical Internet Solutions D-WDM and SONET/SDH Market Share
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BRAMPTON, ON, Mar 13, 2000 /PRNewswire via COMTEX/ -- Nortel Networks' (NYSE/TSE: NT) market leadership in delivering optical network solutions is confirmed once again by the latest figures released by the Dell'Oro Group, an independent research and consulting firm. Dell'Oro's market data for 1999 for the US$15.3 billion Dense-Wavelength Division Multiplexing (D-WDM) and SONET/SDH Optical Internet solutions market show that Nortel Networks continues to make significant gains in both key segments of the Optical Internet.
For 1999, Nortel Networks took the number one position with a global market share of 30 percent for D-WDM and SONET/SDH Optical Internet solutions. According to Dell'Oro, Nortel Networks captured 33.3 percent of the 1999 US$3.8 billion D-WDM market and demonstrated explosive momentum in the fourth quarter with 39 percent market share.
In the SONET/SDH market, Nortel Networks was again number one with 29 percent of the US$11.5 billion market.
"We gained market share in 1999 as more and more service providers around the world recognized that our Optical Internet solutions are simply unbeatable in terms of speed, capacity, performance, reliability and economics," said Don Smith, president, Optical Internet, Nortel Networks. "We have the vision and the execution to build on those gains this year and achieve our target of once again growing faster than the market."
Nortel Networks is setting the pace for the industry with market-leading optical systems and component technology, the delivery of a powerful next-generation portfolio, and complete customer fulfillment from service and network planning through to deployment, management, and support on a global basis.
More than 12 million lambda miles of Nortel Networks' D-WDM systems have been installed across the globe, which is the equivalent of 25 round trips to the moon. To date, Nortel Networks is building 34 out of the 40 national and pan-European optical networks announced over the past two years.
Nortel Networks is a global leader in telephony, data, eBusiness, and wireless solutions for the Internet. The Company had 1999 U.S. GAAP revenues of US$21.3 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet through Unified Networks that promise a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; unanticipated impact of Year 2000 issues; and the impact of consolidations in the telecommunications industry. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Nortel Networks Corporation
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