Ovum Sees 'glimmers Of Hope' For Vendors

摘要

Despite a rough fourth quarter for telecom equipment vendors, "glimmers of hope" remain for the challenging year ahead, according to research analysis firm Ovum. Ovum determined that revenue figures pointed to two pieces of good news for the group: Collectively, they have more cash and liquid assets than debt (although Nokia's debt level shot up last year, most vendors reduced their debt), and the gap between that cash-plus-liquid-assets mix and monthly operating expenditures increased slightly, even in that brutal fourth quarter. "Cost-cutting efforts are starting to take effect," Ovum concluded.