According to Jeffries & Co. Inc. the telecom equipment stocks have shown resurgence due the arrival of Internet giants in the field of telecom via VoIP. lightreading.com reports:
Notter points out that it is the defensive reaction by legacy voice providers to new VOIP offerings, not infrastructure spending by the non-traditional players themselves, that will drive new business for equipment providers in the short term.
Read More: VOIP Players Spur Spending
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