NETWORK WORLD NEWSLETTER: OPTICAL NETWORKING
08/18/04

Dear [EMAIL PROTECTED],

In this issue:

* DSLAM shipments down again, to remain in slump for at least a 
��year
* Links related to Optical Networking
* Featured reader resource
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Today's focus:  Dell'Oro: DSLAM correction pending

By Jim Duffy

The DSL access multiplexer market is undergoing a correction. 
According to Dell'Oro Group, DSLAM port shipments are down for 
the second quarter in a row. DSL port shipment volume will 
approximate 12.1 million in the second quarter, down from a peak 
of 14.5 million in the fourth quarter of 2003. 

The firm expects port shipments in the third quarter to drop to 
11.5 million, rise to 12.7 million in the fourth quarter, and 
then remain relatively flat until the third quarter of 2005.

Meanwhile, subscriber adds haven't kept pace with port 
shipments. Worldwide, there were 7.5 million DSL subscriber adds 
in the second quarter, down from 8.2 million in the first 
quarter.

Dell'Oro expects 7.7 million and 8.7 million subscribers adds 
per quarter over the next six quarters.

"There was a big run-up over the past three quarters" in port 
shipments, says Tam Dell'Oro, founder of the market research 
firm that bears her name.

DSL port shipments exceeded net adds by 80% on a worldwide basis 
during the past three quarters. This compares to an average of 
35% during 2002, and 70% in 2003, which saw a significant run-up 
in port shipments in the second half.

"There seems to be a disconnect," Dell'Oro says, referring to 
the overbuild over the past three quarters.

Why did it happen? Dell'Oro thinks some irrational exuberance 
set in after telecom's three-year nuclear winter. "I think 
everybody was excited that things were doing well after the 
tough times," Dell'Oro says.

Though she expects the correction to be temporary - lasting 
another quarter or two as the extra capacity level drops - 
Dell'Oro says the market could go one of two ways once ADSL 
build-outs are complete: it could either surge again as video 
services necessitate upgrades to take ADSL beyond 1M bit/sec; or 
it could mature very quickly as operators look to get 20 years 
of carrier-class reliability from their ADSL equipment 
investments.

"Video services would likely prompt operators to upgrade their 
networks," Dell'Oro says. "But I'll bet anything that there will 
be no massive capital investment until the senior staff (at 
these operators) are convinced of a return on investment."

Dell'Oro's second quarter findings do not indicate any 
significant shifts in market share among the key vendors, which 
include Alcatel, Huawei, Siemens, Lucent, UTStarcom and NEC. The 
firm also found that pricing stabilized in the second quarter, 
which kept market revenue from falling faster than port 
shipments.
_______________________________________________________________
To contact: Jim Duffy

Jim Duffy is managing editor of Network World's service provider 
equipment coverage <http://www.nwfusion.com/edge/>. He has 18 
years of high-tech reporting experience, including over 12 years 
at Network World. Previously, he was senior editor at Computer 
Systems News and associate editor/reporter at Electronic News 
and MIS Week. He can be reached at <mailto:[EMAIL PROTECTED]>.
_______________________________________________________________
This newsletter is sponsored by Oracle 
An Economist Intelligence Unit White Paper: From Grid to Great? 

Grid computing is breaking out. Familiar mostly to academics, 
government groups, and scientific researchers, this technology 
that links together the power of diverse computers to create 
powerful, fast and flexible systems is beginning to catch on in 
the corporate world.   Included in this white paper, results and 
interviews from a global survey among Sr Executives, click to 
download now  
http://www.fattail.com/redir/redirect.asp?CID=72606
_______________________________________________________________
ARCHIVE LINKS

Breaking optical-networking news from Network World, The Edge 
and around the 'Net, updated daily: 
http://www.nwfusion.com/topics/optical.html

Archive of the Optical Networking newsletter: 
http://www.nwfusion.com/newsletters/optical/index.html
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FEATURED READER RESOURCE
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Answer the questions and find out what the average salary is for 
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