Juniper Networks (NYSE: JNPR) 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.
With a focus on providing fiber-based wireline services to residential and business customers in Spain, Telefonica said the new broadband offering is "a key element of its Internet access service."
Telefonica has been pursuing a Fiber to the Premises (FTTP) strategy, leveraging its own internal infrastructure and striking partnerships with rivals Vodafone and Orange. Earlier this month, the telco signed an agreement with the two telcos to share vertical fiber network infrastructure in buildings they serve throughout Spain.
Winning this latest deal at Telefonica is important for Juniper. While the company won't announce Q2 earnings until July 23, Kevin Johnson, CEO of Juniper Networks, said during the Q1 earnings call that Juniper is "seeing signs of modest improvement in demand in service providers in Europe."
The vendor forecast that in Q2 it will see ongoing U.S. service provider capex spending and "moderately improved demand trends in EMEA."
For more:
- see the release
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