“With three consecutive quarters of good results, Europe is signalling a reversal of the terrible optical spending that we’ve seen in the region over the last five years,” said Andrew Schmitt, Research Director, Carrier Transport Networking, IHS. “This strength is concentrated in Alcatel-Lucent, Ciena and Infinera.”
“When taking into account currency effects, the results are even stronger, adjusted for exchange rate, optical spending in Europe saw a 30% YOY growth rate in the second quarter when measured in euros,” commented Schmitt.