Infrastructure revenues for Q3 rise, firm finds

The top OEMs saw their wireless infrastructure revenues grow 3.7 percent in the third quarter, growing to $12.2 billion, compared to the year-ago period, according to the research firm EJL Wireless.

The infrastructure market saw a sequential decline because of the drop off related to the Beijing Olympics, but the sector continued to grow, the firm said. The report looked at the figures from a number of companies, including Alcatel-Lucent, Ericsson, Motorola, Nokia Siemens Networks, Nortel Networks and ZTE.

"Given the undeniable decline in cap ex spending by mobile operators due to the global financial crisis, we believe that weakness could continue into Q4 and that overall revenues in USD may be flat to down 1-2 percent for 2008 compared with our prior outlook of 5-7 percent growth," said Earl Lum, the president of EJL.

The news from the infrastructure market has not been universally positive. Nokia Siemens said it would continue to trim jobs as it restructures, Nortel posted a huge lost and said it was cutting 1,300 jobs. Although Alcatel-Lucent improved its financial position in the quarter, it still posted a net loss. 

For more:
- see this release

Related Articles:
Nokia Siemens continues job cuts
Nortel posts $3.41B loss, will cut 1,300 jobs
Alcatel's losses drop, new Americas chief named

Sponsored by ADI

What if we were always connected? With the help of our advanced wireless technology, even people in the most remote places could always be in touch.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

Suggested Articles

Is there a better mousetrap in terms of macrocell deployment? Facebook Connectivity thinks so.

Nokia said joint research with Telefónica confirms that 5G networks are up to 90% more energy efficient than 4G.

The Senate Commerce Committee voted 14-12 along party lines to move forward on President Trump’s nomination of Nathan Simington to the FCC.