RHK Report: Cisco #1 in OC48 Long Haul
Additionally, Cisco's market share for the total long-haul Synchronous Optical Networking (SONET) equipment market soared nearly 500 percent from 2.3 percent 1999 to 11.3 percent in 2000, by far the largest market share gain of any supplier in the report. The report projects North American spending on long-haul SONET equipment to increase from $5 billion in 2000 to $7 billion by 2003.
"In 2000, Cisco became the number one player in the OC-48 SONET equipment market," said Brian Van Steen, Analyst, Optical Networking, of RHK Inc." This was the result of the market's demand for Long-Haul SONET transport equipment. Cisco sold the most OC-48 equipment in only its first full year of selling the ONS 15454."