Juniper reports revenue decline, new deal with BellSouth
Juniper Networks reported net revenue for the third quarter of $152.0 million, which contrasts to $201.7 million for the year ago quarter. The company experienced an $8.4 million pro forma net loss, or $0.02 per share.
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The company also revealed that BellSouth contributed to its quarterly revenue through the purchase of Juniper’s new T640 series routers. The carrier is using Juniper’s IP MPLS design as part of the deployment that has already taken place, according to Scott Kriens, chairman and CEO of Juniper.
“[There was] a very rigorous and thorough test process on both parties, but it is not our practice to comment on volume,” Kriens said.
But Kriens sees the majority of the company’s future growth coming from edge and services-based opportunities rather than the core.
“In the core customers [are choosing to] ‘sweat their assets,’” Kriens said. “And it’s easier to do in core because they can distribute [traffic] over large infrastructure. It’s harder to do at edge.”
Kriens also noted that the company is anxiously awaiting more 271 relief, as it represents sales opportunities for Juniper when the Bell’s purchase IP and next-generation networking equipment.
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© 2012 Penton Media Inc.
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