"Tellium Posts More Than 50 Percent Market Share Gain in Optical Core Switching Market
"RHK Study says Tellium's Market Share to Grow Faster Than Others
"OCEANPORT, N.J., Nov 27, 2001 /PRNewswire via COMTEX/ -- According to a new study released today by RHK, a leading market research firm with headquarters in San Francisco, Tellium (Nasdaq: TELM chart, msgs) will increase its market share of the global optical core switching (OCS) market in 2001 by more than 50 percent from a year ago.
"According to the study, Ciena will maintain its leadership in the estimated $465 million worldwide optical core switching equipment market, with a market share of 46 percent, dropping from 60 percent a year ago. Tellium is second in market share, and will own 29 percent of the market, an increase of 10 points of market share, or 53 percent growth compared to its 19 percent share a year ago. Tellium was the only company in the study to see double- digit market growth with nearly a ten-fold increase in projected annual revenues.
[SNIP - more - go to SI:NEWS]
I wondered about the extension of the lockup period. Of course, the extension could have had nothing to do with this news.
Regards,
Harry J. |
