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Telecom equipment and component makers trade higher after China Mobile (the world's largest...

Telecom equipment and component makers trade higher after China Mobile (the world's largest carrier) forecasts a 49% Y/Y increase in capex in 2013 to a hefty RMB190.2B ($30.6B). Vodafone and France Telecom's plans to build a fiber network in recession-hit Spain might not be hurting either. FNSR +6.6%. ALU +2.9%. JNPR +2%. OCLR +4.8%. CIEN +1.5%. JDSU +1.5%. ALLT +3.3%. ERIC +1.2%.
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Comments (1)
  • jsIRA
    , contributor
    Comments (2684) | Send Message
     
    I see a double at least for OCLR stock price within one year as the company introduced a series of new leading edge products and this will bring it back its previous customers.
    14 Mar 2013, 04:52 PM Reply Like
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