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Optical/IP

Telecom Goes South

1:50 PM -- Here in the West, the telecom world seems to be chugging along quite nicely. Have a look at Ciena's first profitable quarter since 2001.

But look to the emerging markets, and you see a veritable boom. The communications headlines around the world are awe-inspiring in the amount of telecom expansion globally.

  • The Business Standard of India today reports that India's Communications and IT Minister Dayanidhi Maran expects $2 billion in telecom manufacturing investment to flow into the country in the next year.
  • The Regulatory Authority of India says the country added a record 6.79 million mobile users during November, India's Financial Express reports.
  • Brasil Telecom Participações SA (NYSE: BRP) recently announced sequential 11.6% EBITDA growth and 7.2% revenue growth in its third-quarter earnings. Its stock is up 3 percent today, near an all-time high.

  • For another example, check out the stock chart of Russian mobile provider VimpelCom Ltd. (NYSE: VIP), which recently announced 38 percent year-on-year profit growth.
Soon we will have to stop calling them the emerging markets and refer to them as the emerged markets.

— R. Scott Raynovich, Editor in Chief, Light Reading

sfwriter 12/5/2012 | 3:32:25 AM
re: Telecom Goes South re: "But look to the emerging markets, and you see a veritable boom. The communications headlines around the world are awe-inspiring in the amount of telecom expansion globally."

The U.S. has pretty much lost its competitive grip on the telecom market. That ship has sailed to Asia and it doesn't appear to be coming back anytime soon. Even U.S. telecom companies offshore R&D, which means that little innovation in the telecom industry actually happens in the U.S. anymore.
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