Cisco, Nortel optical router sales slip
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(Figures in U.S. dollars) OTTAWA, May 16 (Reuters) - Communication equipment giants Cisco Systems Inc. and Nortel Networks Corp. suffered sliding sales for optical network routers in the first quarter, while new entrants Juniper Networks and Unisphere Networks made gains, according to research released on Wednesday. The report from telecoms market researcher Dell'Oro group showed that sales of OC-3 to OC-12 routers, which can transmit data up to speeds of between 1 and 9 gigabits per second, fell 41 percent to $544 million in the first quarter over the fourth quarter amid a widespread downturn in demand. Cisco, the world's largest maker of data networking equipment, held its lead spot with sales of $440 million, but those revenues dropped 48 percent from $853 in the fourth quarter. Cisco may be repositioning its products for the OC-48 market, said Dell'Oro. Nortel, the world's No. 1 vendor of telecommunications equipment, was ranked fourth with sales of $25.2 million, down 36 percent from fourth-quarter revenues of $39 million. Juniper Networks, in second place, posted the most impressive gains. Its router sales surged 194 percent to $47 million from $16 million. Unisphere Networks, ranked third, saw its sales increase 61 percent to $30 million from $19 million. Unisphere is the network router business of Siemens AG, the German electronics and engineering giant. ($1=$1.54 Canadian) REUTERS Rtr 19:56 05-16-01 |