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.

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- check out this story from Computerworld Australia