Cisco and Juniper continue to remain the dominant core router service players, a position that was further cemented by the introduction of new products in the recent financial quarter, according to a new Dell'Oro report.
Juniper Networks has appointed Shaygan Kheradpir as its new CEO, replacing Kevin Johnson, who announced he was retiring in July.
Juniper Networks reported that third quarter 2013 earnings rose 6 percent to $1.2 billion due to an uptick in service provider router sales, but the networking industry's movement to software-based systems is driving the vendor to slash 3 percent of its workforce.
Nokia Solutions and Networks and Juniper Networks are trying to position themselves as top dogs in both cellular and IP networking, leading them to expand their long-time partnership agreement to include secure IP connectivity for LTE and LTE Advanced networks.
Juniper Networks said it has shipping a commercial software-defined networking controller called Contrail and an open-source version of the source code library called OpenContrail in an effort to foster widespread SDN adoption. Further, the new launches have already attracted attention from wireless players.
As wireless operators and their wholesale service partners continue to upgrade their wireless backhaul networks to support 4G LTE speeds and applications, it is providing a revenue benefit to the top edge router and switch vendors, according to Dell'Oro Group's Q2 2013 report. During the quarter, the Service Provider Edge Router and Switch market, particularly in the United States and China, grew 8 percent year-over-year.
Juniper Networks' decision to kill off its MobileNext mobile packet core line reflects marketplace struggles as well as the company's desire to use software-defined network and network functions virtualization to satisfy customers' future requirements.
Juniper Networks shares fell 5.6 percent on Friday to $20.92 after the vendor revealed that it is under investigation for possibly violating U.S. Foreign Corrupt Practices Act.
Juniper Networks CEO Kevin Johnson announced he is retiring after five years heading up the telecom networking company. Johnson, age 52, told Bloomberg that he is retiring to focus on "personal priorities" and will remain in the job until his replacement is found.
Juniper Networks has added another win to its European service provider customer column with a contract to provide Telefonica Spain its MX Series edge routers for its "Next Generation Access Center" initiative.