NEW YORK, NY--(Marketwire - Mar 12, 2013) - Shares of communications equipment makers have surged in the past week after competitor Ciena Corp. released strong quarterly results. "This was our best profitability since the downturn," said Ciena's CEO, Gary Smith. "I think it shows an inflection point in buying trends." Research Driven Investing examines investing opportunities in the Communications Equipment Industry and provides equity research on Alcatel Lucent SA (
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The growing demand for smartphones has been a key factor for growth within the communications equipment industry. Smith in a recent interview has stated that customers have been attracted to the latest modern networking technology instead of the conventional equipment sales. Recently, market researcher IDC has forecasted smartphones will outsell feature phones for the first time ever in 2013.
"Smartphone prices have fallen globally, the smartphone strata are wider than ever, and the roll-out of data-centric fourth-generation (4G) wireless networks are three factors that have made these 'do-it-all' devices an increasingly attractive option for users," IDC said.
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Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world's foremost research centers, responsible for breakthroughs that have shaped the networking and communications industry. The company's and China Mobile's recently launched lightRadio Metro Radio will help accelerate deployment of 4G TD-LTE technology across China.
Sonus helps the world's leading communications service providers and enterprises embrace the next generation of SIP-based solutions including VoIP, video and Unified Communications through secure, reliable and scalable IP networks. The company reported revenues in the fourth quarter grew to $75.1 million from $57.0 million in the previous quarter. Shares of Sonus have gained roughly 38 percent year-to-date.
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