By Sonya Rabbitte, 15 February 2002 13:15
NEWS Cisco gained ground in the router market last year while rival Juniper lost significant market share as its telco customers reduced their spending. A report out from network equipment researchers Dell'Oro found that Cisco boosted its market share from 65 per cent to 69 per cent between the third and fourth quarters of 2001. Juniper saw its share of the market fall to 27 per cent in the fourth quarter from 32 per cent in the third quarter. Juniper sells mainly to telecommunication service providers, whose spending power has slumped during the downturn. Cisco has continued to sell to corporate customers. The global market for high-end routers shrank 18 per cent in the fourth quarter to $466m, down from $569m in the third quarter and $835m in 2000, said Dell'Oro. Juniper shares fell 16 per cent yesterday on the news and were the third most heavily traded shares on Nasdaq.
In order to post a comment you need to be registered and logged in.
Log in or create your silicon.com account below