NetworkWorld has an intriguing story focused on what’s in store for telecom equipment suppliers.
Are there going to be winners and losers over the next few months as carriers and corporate customers deal with more pressure on IT budgets?
Will an economic slowdown allow Cisco to take advantage of rivals’ struggles to gain an even bigger competitive foothold?
Who’s going to win? Who’s going to lose?
What do you think?
Update: Ericcson is expected to post a 40% decline in third-quarter operating profits compared with a year earlier, according to the Times Online. Apparently, Ericsson is hurting because the “lucrative network replacement and upgrade work drying up in Europe as telecoms companies tighten their belts”.
Meanwhile, Cisco laid off 129 employees earlier this week as part of a move to close its broadband telephony services unit.
Nortel is going to lose, they have a lot of debt and each Q they become more cash starved. The winners will be the companies with cash, they will not be forced or compled to take deals that are not good for the bottom line.
Sure would like to hear Mike Z's way forard in easy to understand language. Not that CEO speak, just facts, this, then this, result will be this then that on a time table of …. But I guess that is asking too much from someone like Mike Z.
joremero
ALU isn't doing very well either. It's stock got closer to NT's..
Clint
Can't compare the two. ALU haven't split theres a thousand times like NT so actually they are in better shape. I would like to know how much debt ALU has and what their annual sales are and what they have as cash in hand. For NT annual sales 8 to 10 billion…2.5 to 3 billion in cash…..4.5 billion in debt. What are the same figures for ALU? Anybody know?
notafan
some figures for ALU:
revenue for 2007: 17.8B cash (as of june 30, 2008): 3.2B debt (as of june 30, 2008): 4.8B
what is noticeable is that they posted a loss of 4B in 2007. don't think they're doing much better
notafan
some figures for ALU:
revenue for 2007: 17.8B cash (as of june 30, 2008): 3.2B debt (as of june 30, 2008): 4.8B
what is noticeable is that they posted a loss of 4B in 2007. don't think they're doing much better
What’s the Outlook For Equipment Suppliers?
NetworkWorld has an intriguing story focused on what’s in store for telecom equipment suppliers.
Are there going to be winners and losers over the next few months as carriers and corporate customers deal with more pressure on IT budgets?
Will an economic slowdown allow Cisco to take advantage of rivals’ struggles to gain an even bigger competitive foothold?
Who’s going to win? Who’s going to lose?
What do you think?
Update: Ericcson is expected to post a 40% decline in third-quarter operating profits compared with a year earlier, according to the Times Online. Apparently, Ericsson is hurting because the “lucrative network replacement and upgrade work drying up in Europe as telecoms companies tighten their belts”.
Meanwhile, Cisco laid off 129 employees earlier this week as part of a move to close its broadband telephony services unit.
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