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Author:

LongTerm CapGains

Subject:

Earnings

Date:

12/13/18 at 1:42 PM CST

 

 

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Sentiment:

Neutral

Reply to:

MSG`#4842,`12/13/18
By breinejm

 

Re: CIEN earnngs

Very nice earnings, congrats.

Softbank announced today that it will stop buying Huaweii equipment, it will replace 4G equipment and not include it in 5G networks. Stated they did not have too much of it, but that it would be time consuming and expensive to do.  The tide seems to be gathering momentum. BT did so a few days back. Not sue if NTT Docomo uses Huaweii, but given how much it has penetrated Telecoms around the Globe, I would not be surprised if it does and announces similar news.

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