Capex and equipment market update: 2Q08

EXECUTIVE SUMMARY
In a Nutshell
Quarterly results
Mobile spending is hot, fixed is patchy in 2Q08
Strong fixed equipment sales growth continues in 2Q08
Vendor share, rank, and revenue
The bottom line
We remain positive on growth prospects for wireline equipment




List of Tables
Table 1: 2Q08 operator revenues and capex versus 1Q08 and 2Q08 (global)
Table 2: 2Q08 segment revenues versus 1Q08 and 2Q07 (global)
Table 3: Top 15 wireline equipment vendors based on rolling 4Q sales
Table 4: Telecom wireline equipment vendor market-share rank by segment
Table 5: Telecom wireline equipment vendor revenues and share change






List of Figures
Figure 1: Top-tier network operator revenue and capex trends (global)
Figure 2: Telecom equipment market segment revenue trends (wireline)