<<ADTN is growing at a greater rate than PAIR, at PAIR's expense>>
Yes, but this is in the commodity T1/E1 market. This is not PAIR's preoccupation as the InterOp show in Atlanta this week will clearly demonstrate. Also, the following needs to be factored in: The Competition does not have international penetration (growing at 40% per year for PAIR, with secured contracts with China Telecom, The Baby Bras in Brazil, Carribean Teleco, etc.), ADSL products READY TO GO, and most importantly, plan to end reliance on T1/E1.
The Competition may be eating PAIR's lunch, but it's the crumbs they are getting and not the main meal. Long term, PAIR will beat these guys hands down. |
