Global optical networking hits $4.4 billion

U.K. research house Ovum said the global optical networking market reached $4.4 billion in the fourth quarter of 2007, which was its highest level since 2001. Alcatel-Lucent and Huawei Technologies were among the vendors that scored high revenues from optical gear during the quarter. Even sales of SONET/SDH gear hit new post-bubble highs, accounting for $1.9 billion of the total, which some might see as a big surprise in this age of Ethernet.

For more:
- check out this story from Computerworld Australia

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.

Suggested Articles

Flume has launched with the goal of providing fast, affordable internet connections to at least 600,000 low-income residents in New York City.

Comcast announced that its Comcast RISE program is providing more than 700 Black-owned businesses support including technology upgrades.

IBM is planning to cull about 10,000 jobs in Europe in order to lower costs ahead of its split into two businesses.