Hi tg - while NT has indeed spent a lot of resources in Optical, I think she has a deep bench to ensure that she is not a one trick pony <g>. I do believe though it is the right emphasis. Even though wireless will likely to be big, especially in places unencumbered by wireline technologies, the backbone is the core of the net. Superior technologies with lower cost translates to a greater reach of the buildout.
More important, recent action has proved that NT is not sitting on her laurel of 75% of N American backbone or 32 out of 40 networks in Europe [I reckon these are old stats!] There is an idiom, if one is not moving forward, one is regressing. Unfortunately, temporarily, LU, still a great company, has demonstrated the effects. In that respect, I think investors' exuberance in NT is warranted
best, Bosco |
