|By Marketwired .||
|November 29, 2012 03:22 AM EST||
MARTINSRIED, GERMANY and MUNICH, GERMANY -- (Marketwire) -- 11/29/12 --
ADVA Optical Networking SE / ADVA Optical Networking Leads Ethernet Access Device Market for Sixth Year . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
FSP 150 Continues to Out-Perform the Market with Strong Growth in Mobile Backhaul
ADVA Optical Networking today announced that it has increased its share of the global fiber-based Ethernet Access Device (EAD) market to 21%. This growth confirms its position as the leading provider of EADs for both carrier and enterprise customers. The figures are part of the latest report from Infonetics Research and underline ADVA Optical Networking's strong performance, highlighting growing demand for mobile backhaul solutions as a key contributor to its growth. The biannual report expects EAD revenues to reach USD 1.3 billion by 2016.
"The EAD market is one of the most competitive in the industry and one where we continue to dominate," said Stephan Rettenberger, vice president, marketing at ADVA Optical Networking. "For the sixth year, Infonetics Research has listed us as the clear leader in this space. This reflects our continued drive to deliver the products our customers need. We're continually listening, continually evolving and this is reflected in our strong EAD roadmap. Looking into 2013, there's a clear focus on mobile backhaul and driving new revenue potential as we continue to migrate to LTE."
ADVA Optical Networking's FSP 150 family of EADs delivers Ethernet demarcation, extension and aggregation to support the profitable delivery of differentiated, intelligent Ethernet services. Featuring fast failure detection, protection and advanced multi-vendor interoperability the FSP 150 includes Etherjack technology that enables advanced operations, administration and maintenance (OAM) capabilities. The product family also incorporates innovative Syncjack technology, which provides highly accurate timing distribution and assurance in mobile backhaul networks. Syncjack enables seamless migration from 3G to 4G radio access and eliminates the risk of service disruptions and impaired cell hand-offs.
Infonetics expects EAD revenue to reach USD 1.3 billion in 2016, meaning that there's significant opportunity for the key vendors in this space," commented Michael Howard, co-founder and principal analyst for carrier networks at Infonetics Research. "Of all the applications fueling this growth, mobile backhaul presents an enormous opportunity. As a clear leader in the EAD market, ADVA Optical Networking has a leading advantage here. Some of ADVA's latest product announcements indicate the company's vision and intent to drive the market forward."
About ADVA Optical Networking
ADVA Optical Networking is a global provider of intelligent telecommunications infrastructure solutions. With software-automated Optical+Ethernet transmission technology, the Company builds the foundation for high-speed, next-generation networks. The Company's FSP product family adds scalability and intelligence to customers' networks while removing complexity and cost. With a flexible and fast-moving organization, ADVA Optical Networking forges close partnerships with its customers to meet the growing demand for data, storage, voice and video services. Thanks to reliable performance for more than 15 years, the Company has become a trusted partner for more than 250 carriers and 10,000 enterprises across the globe. For more information, please visit us at www.advaoptical.com.
ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany
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