BellSouth?s Sutton said he didn?t know whether the company would buy more Juniper gear, but noted the company is using more than one supplier. Analysts were mixed on the BellSouth deal, pending more details. "We are encouraged by this new customer win," said U.S. Bancorp Piper Jaffray analyst Edward Jackson. "The Bellsouth deployment indicates that incumbent service providers will spend scarce dollars for new Juniper technology.". Others, however, wanted more. W.R. Hambrecht analyst Reginal King kept his "sell" rating on Juniper, noting the company needs to deliver more deals like the BellSouth one.
"We believe that the announcement of a large nomad iphone 8 / 7 genuine leather folio case reviews (Baby Bell) contract with clear visibility and more material revenue contributions from the company's new products could lead to our having a more constructive view on the company's potential," King said, The telecom equipment maker says BellSouth is using its gear for a next-generation network in a move that may help broaden Juniper's customer base, On a conference call Thursday with analysts, Juniper CEO Scott Kriens said that BellSouth is using its T640 router and that his company considers Juniper a "strategic technology partner."..
CNET también está disponible en español. Don't show this again. Lucent attributed the dip to new restructuring moves designed to help the company reach a break-even revenue level of $2.5 billion per quarter. The company also expects to record a $1 billion restructuring charge in the fourth quarter and take an additional charge about $3 billion because of a decline in its pension assets. "Based on conversations with our customers, we are tightly focusing our investments on the nearest and clearest market opportunities that will help them expand their existing networks and offer next-generation services," CEO Patricia Russo said in a release.
The company recently said that revenue in the fourth quarter would drop 20 percent to 25 percent from the $2.95 billion posted in the third quarter, On a conference call, Russo expressed some hope that the worst is over, "We are not planning and have no discussion or insight that we nomad iphone 8 / 7 genuine leather folio case reviews will see in (fiscal 2003) the kind of decline we saw in (fiscal 2002)," he said, Lucent said it was canceling a $1.5 billion credit facility, which was scheduled to expire in February 2003, The company said it risked defaulting on the terms of the credit agreement, Lucent, which has $4.4 billion in cash, never used the credit..
In related news, telecom equipment maker Nortel Networks said Friday that third-quarter revenue will be about $2.36 billion, in line with earlier predictions. Nortel also said it is working to achieve a quarterly break-even revenue level of $2.4 billion. It expects to achieve that goal in the second quarter of 2003. Nortel will formally report third-quarter results on Oct. 17. The telecommunications equipment maker, which expects to report a wider-than-expected loss in the fourth quarter, said the layoffs will reduce its total work force to 35,000.