LONDON: Juniper saw the effects of a slower telecom spending environment in the first quarter, a factor that cut into its revenues. Speaking to investors during its first quarter earnings call, Rami Rahim, CEO and director for Juniper Networks, said that service provider revenues were impacted by the timing of deployments related to a number of U.S. and EMEA-based Tier 1 telcos.
“I think it’s fair to say that the telecom operators, U.S., maybe elsewhere around the world as well, are off to a fairly slow start this year in terms of their capex expenditures,” Rahim said during the earnings call, according to a Seeking Alpha transcript.
“There are a number of factors at play here, whether it’s M&A or spectrum or just re-evaluating their overall network architectures and making sure that they’re developing their networks to meet the future demands from a agility, from an operational simplicity standpoint, and from an ability to deliver next-generation capabilities to their end-users.”
