Vitesse continues to grow its operational footprint by opening an office in Shanghai China.
China is estimated to have 639 million broadband connections by 2016.
http://finance.yahoo.com/news/vitesse-grows-foothold-china-120000913.html
Two weeks ago it was stated that "Vitesse had increased its sales presence in India."
and that:
" India is expected to be the second largest
mobilebroadband market by 2016, with 367 million broadband connections."
http://finance.yahoo.com/news/vitesse-increases-sales-presence-india-120000539.html
Posted by christ3opher - 14 years ago | Updated 14 years ago
Could VTSS be kicking butt and taking names? The mind boggles!
Posted by phobos - 14 years ago
Good move! Hopefully this is a "bricks & mortar" office, not one person working out of their home office or a table in a restaurant/Starbucks!!
Posted by Techinvestor - 14 years ago
Notice how the top vendors are Vitesse customers...
Position: Home > magazine > ZTE Technologies > 2010Year > No.1 > articlesGartner's Dataquest Insight: Scorecard for Vendors of LTE Network Infrastructure2010-01-12An LTE market opportunity has emerged during the past two years. Most vendors now have relatively well-defined solutions, which are scheduled to be ready for initial rollout by the end of 2009. LTE technology may reduce carriers’ operating costs for mobile data — compared with third-generation (3G) technology — as data volumes increase and as mass use of the mobile Internet is enabled by compatible devices and fast, low-latency backhaul.
In this document we evaluate the main vendors of LTE network infrastructure. Some focus on the radio capabilities of their LTE offerings, while others have a more comprehensive view including the evolution of an all-IP core. Other factors that distinguish one vendor from another include the scalability, interoperability and modularity of their products, their ability to deliver and deploy networks, their skills in facilitating carriers’ moves to IP networks, and their perceived viability as companies.
Strategic Scorecard for LTE Network Equipment Vendors, 2009
Gartner rated the qualifying mobile infrastructure vendors using seven standard Gartner criteria on a scale from 1 to 5, with 1 being best and 5 worst. The seven criteria include Product or Service, Market Understanding, Offering/Product Strategy, Geographic Strategy, Sales and Marketing Strategy, Market Responsiveness and Track Record, and Overall Viability. In addition, each criterion was given a numerical weight. The vendors were then ranked according to overall score, with each score rounded up to the nearest digit, and the results color-coded for easier comprehension.
Our comparison of LTE vendors based on these seven criteria yielded the results shown in Table 1. There are several types of vendors in the sample group, and not all are strictly comparable from the perspective of LTE offerings. For example, while Ericsson, Huawei, NSN, ZTE, Alcatel-Lucent and Nortel (at least until the NSN transaction goes through) can be considered end-to-end vendors, others, like Starent (focused on EPC core and without a radio offering) and Motorola (with its own radio product but an EPC from Starent), are more specialized. Hence our ratings aim to capture the overall relative value and attractiveness of each vendor’s LTE offering, regardless of the specific parts of the network being focused on.
Overall Evaluation of Global LTE Network Equipment Market Opportunity
Gartner expects that LTE will become the dominant mobile network technology and that most network operators will upgrade to it. But operators are actively evaluating multiple technology options. Some may choose to extend the life of WCDMA networks by deploying HSPA+, a technology that could support up to 80Mbps download rates in its most sophisticated (and costly) configuration, making it comparable to LTE. This could delay the need for LTE until LTE Advanced (LTE-A) or other fourth-generation (4G) technology options are more widely available (around 2012). Evolution from High-Speed Downlink Packet Access (HSDPA) or High-Speed Uplink Packet Access (HSUPA) to HSPA+ could be less disruptive for operators than moving to LTE, and potentially cheaper too.
But both HSPA+ and LTE will require new client devices as well as upgraded transport infrastructure — consumer and business customers will need to be persuaded to upgrade to high-end handsets and new wireless broadband modems.
Gartner believes that most operators will see the marketing benefits of investing in the latest, fastest technologies, such as LTE, rather than taking the incremental step of upgrading to HSPA+.
Key predictions:
¦ LTE will become the dominant 4G technology for CDMA (3GPP2) and GSM/UMTS (3GPP) carriers.
¦ More than 70% of UMTS carriers will take every step on the migratory path, including moving to HSPA+ and then LTE.
¦ No UMTS carriers will change to WiMAX as their dominant mobile technology.
¦ Over 90% of CDMA carriers will adopt LTE.
¦ Most cdma2000 deployments will stop at EV-DO Rev. A.
¦ More than 90% of WiMAX mobile carriers will not leapfrog to LTE; they will consider upgrades to IEEE 802.16m, if possible.
Overview of ZTE LTE Business
ZTE
ZTE receives an overall rating of Strong for its LTE business.
It has a good set of products. Its growth strategy is prudent and sustainable. ZTE is also getting better at marketing itself outside China, although its strategy for infrastructure remains very regional. This regional focus is partly a positive thing, since Asia/Pacific generally offers good growth opportunities for mobile infrastructure vendors.
ZTE positions itself as an alternative partner for operators for LTE infrastructure. It will mainly focus on North America, Western Europe, Japan and China.
ZTE has been involved in LTE-related work for some years. Before 2006, it was involved in R&D work on MIMO and OFDM technology. In 1Q06, it began participating in research toward the 3GPP standard. In 4Q06, it was among the early group of sponsors joining the Next Generation Mobile Networks (NGMN) Alliance. In 1Q07, ZTE began R&D on LTE, and in 1Q08 demonstrated an LTE prototype live in Barcelona. In 4Q08, ZTE exhibited a pre-commercial LTE system in Beijing. ZTE’s plans for 2010 include a commercial LTE application in the first half of the year.
The company’s product set includes the ZTE Unified Radio Sub-System Platform and OneNetwork platform. ZTE has several form factors planned for eNodeBs: distributed, compact, femtocell and picocell.
ZTE receives a Strong rating for overall viability. This is the result of a strong rating for cash flow (cash from operations as a percentage of revenue for the past 12 months was 8.4%), a good rating for profitability (a net margin of 4.0% in the past 12 months), a strong rating for revenue growth (26.7% in the past 12 months), and a good score for the balance sheet metric that measures solvency (the current ratio is 1.41). The company’s strong financial position has allowed it to maintain its R&D spending at 10% of revenue, which should put it in a good position to capitalize on the growth expected from LTE.
The Impact
¦ Although we expect LTE networks to exhibit multivendor scenarios in both core and radio networks, there are too many vendors in this sector at present. We expect further rationalization and fewer vendors as the economic downturn and the trend for reduced capital expenditure continue.
¦ Since all but one of the vendors analyzed have a rating of at least Strong for their products, the choice of vendor may hinge more on their perceived overall strength or risk, rather than on technological superiority.
¦ Only the leading vendors can sustain the level of R&D necessary for LTE technology to succeed while also enjoying the support of an existing installed base for legacy revenue. This leaves the door open to further mergers and acquisitions.
Ericsson’s LTE business merits an overall rating of Very Strong.
¦ The LTE businesses of Huawei, ZTE, NSN, Starent, Alcatel-Lucent, Motorola and Fujitsu each merit an overall rating of Strong.
¦ The LTE business of NEC merits an overall rating of Stable.
¦ The LTE business of Nortel merits an overall rating of Some Risk.
Conclusion
Ericsson comes out on top in our analysis of LTE network infrastructure vendors. Perhaps the most striking feature of our scorecard is the many vendors, including two from China, with overall ratings of Strong. Most of the vendors analyzed are technically skilled, so the key differentiator may rather be the perceived overall risk profile of a vendor, with the smaller ones, and those whose financial results may be a concern, being viewed by operators as riskier propositions when it comes to choosing a long-term partner for LTE.
Posted by GARIF - 14 years ago
That is a very impressive analysis GARIF. I'm curious, how do you think the vicissitudes of the financial markets will effect companies like Ericsson? I realize that this is a technical marketing analysis, but do you or anyone else out there have any idea how shakey world financial markets might effect things? I realize this is a big question, and there may be no definitive answers at this point, but I'm just going to leave the question out there anyway. Thanks.
Posted by phobos - 14 years ago
I keep life simple, The world is sickly in love with its electronic gadgets, no matter the financials the lust will grow even more. Designers, enhancers of toys will continue to do very well, just as Vegas continues to do well as their customers loose homes etc...
If indeed Vitesses LTE is a vital component than all will be well.
Peace
Posted by GARIF - 14 years ago
The way I look at it is:
Society will ALWAYS want to communicate!
The faster that communication is, is all the better.
and
this will most definitely be paid for by those using it.
Video just adds to all of this, immensely.
Gardner makes some very interesting points during the last conference call. ( Imperial Capital ) On the lack of bandwith that runs the data on new devices. Carriers will have to start charging for that bandwith, giving society the ability to use their new devices to communicate quicker and by adding the availability of video.
It will take some time for this to all play out. The reason why Gardner is much more bullish a few years from now, than presently.
This all playing out no matter what the state of finances are.
Posted by christ3opher - 14 years ago | Updated 14 years ago
GARIF: HERE IS WHAT YOU POSTED:
Conclusion
Ericsson comes out on top in our analysis of LTE network infrastructure vendors. Perhaps the most striking feature of our scorecard is the many vendors, including two from China, with overall ratings of Strong. Most of the vendors analyzed are technically skilled, so the key differentiator may rather be the perceived overall risk profile of a vendor, with the smaller ones, and those whose financial results may be a concern, being viewed by operators as riskier propositions when it comes to choosing a long-term partner for LTE.
IN MY MIND, THE LAST SENTENCE EXPLAINS EXACTLY WHY COMPANIES LIKE MINDSPEED ARE GETTING ALL THE GOOD PRESS (SEE LINK BELOW). OBVIOUSLY, INVESTORS IN PARTICULAR ARE STILL SHYING AWAY FROM VTSS BECAUSE OF THEIR DEBT SITUATION, WHICH REMAINS UNRESOLVED. IN SPITE OF CFO'S COMMENT OF "HAVING A LONG RUNWAY", WE ALL KNOW THAT VTSS HAS PROVEN TO BE INCOMPETENT IN THIS REGARD, AND LAST TIME VIRTUALLY GAVE AWAY MOST OF THE COMPANY. WHETHER OR NOT CUSTOMERS ARE SHYING AWAY REMAINS TO BE SEEN. GARDNER AND BOARD IN PARTICULAR ARE TOTALLY INCOMPETENT, AND WALL STREET KNOWS IT. WALL ST IS AFRAID OF GARDNER AND BOARD GIVING AWAY MORE OF THE COMPANY, IN SPITE OF THE FACT THAT THE REFINANCING MARKET IS AS GOOD AS ITS EVER BEEN. THIS IS A COMPANY THAT IS RUN BY INCOMPETENT PEOOPLE, WHO HAVE BEEN ENRICHING THEMSELVES AT THE SHAREHOLDER EXPENSE FOR FAR TOO LONG. MY TAKE IS THAT MINDSPEED IS A MUCH MORE PROFESSIONALLY RUN COMPANY, WITH PRODUCTS AS GOOD OR BETTER. THIS IS REFLECTED IN THE BETTER SHAREPRICE AND PRESS THEY GET.
http://seekingalpha.com/article/887521-mindspeed-set-for-lte-speed?source=yahoo
Posted by sharpinvestments - 14 years ago
Sharp:
I would have to agree with you totally. For whatever expertise VTSS has on the product side it has a demonstrated, and repeatedly demonstrated, lack of even the most rudimentary capability on the business management side, and especially on restructuring debt.
Let me translate these "WE have a long runway" and "we have plenty of options" comments. What it means is, we can't get anything done right now or we would already have it done.
This "we have lots of options" song and dance was exactly, to the word, the same thing management said when the sold 2/3s of the company for $.18 per share at a time when the stock was being traded at above $.30 per share.
But, lets be fair. right now with the stock trading at $.12 per share we have to say management showed great foresight. They must have known then that they were going to drive the stock price into the toilet so they took advantage of the lackeys at Whitebox. Well done!!!
Posted by dlog - 14 years ago | Updated 14 years ago
What amazes me is long-time major shareholders (e.g. Kopp Investment- 10 % of shares), are not proactive to force a management change to have any chance of increasing shareholder value.
We should make CRG's salary 100 % pegged to performance - NO base salary (maybe $ 1)! We win either way- either he leaves or at least we pay him what he's worth (NOTHING).
Posted by Techinvestor - 14 years ago
Sharp, Vitesse just might give competitors some headaches, something about 75% market share...
6, 2012Vitesse Captures Market Leadership in IP Edge, Mobile Backhaul
VeriTime IEEE1588v2 Technology Sets Standard for Network Timing Accuracy
CAMARILLO, Calif. - August 6, 2012 - Vitesse Semiconductor Corporation (NASDAQ: VTSS), a leading provider of advanced IC solutions for Carrier and Enterprise networks, reported accumulating multiple design wins with nine of the market share leaders in the IP Edge microwave/millimeter-wave backhaul networking equipment space. Collectively, these OEM customers account for nearly 60% market share in the microwave backhaul and 75% in the millimeter-wave backhaul segments. The wins leverage Vitesse's technology leadership with VeriTime™, its patent-pending distributed timing technology with the industry's highest accuracy IEEE1588v2 timing for IP Edge networks.
Click to Tweet: #Vitesse customers make up ~60% market share in microwave backhaul & 75% in millimeter-wave backhaul http://bit.ly/MB5fhv
Validated by several major OEMs in real-world tests, VeriTime represents fifth-generation IEEE1588v2 IP. Vitesse's recent presentation of performance results to the ITU-T documented VeriTime's better than 3ns per node accuracy over a nine-node IEEE1588v2 Transparent Clock (TC) network chain and superior long-term phase stability, making it the industry's only solution that fulfills TD-LTE and LTE-Advanced (LTE-A) requirements in real-world tests today.
"Timing accuracy requirements for 4G/LTE-A/TD-LTE are at least six times more stringent than for 3G," said Pat Diamond, timing industry veteran and pioneering member of the IEEE1588-2008 PTP Working Group, of Diamond Consulting. "Clearly, network equipment OEMs recognize this fact. Given the rigorous level of timing accuracy for LTE networks simply to function, solutions like Vitesse's VeriTime enable OEMs to future-proof their equipment for tomorrow's wireless backhaul networks."
"We continually strive to strengthen our product leadership with innovations such as VeriTime to enable the massive bandwidth requirements in IP Edge and Mobile Access networks," added Martin Nuss, chief technology officer at Vitesse. "Vitesse is fortunate to be able to work so closely with the leading wireless backhaul OEMs to bring advanced solutions to market. Today, Vitesse is the only silicon vendor who can enable microwave and millimeter-wave backhaul OEMs to deliver sub-10 nanosecond accurate IEEE1588v2 timing over their wireless links, and our design wins with the market share leaders is a strong vote of confidence for our solutions."
VeriTime Target Market Projected to Grow
Increasing analyst projections by Infonetics and other market analysts forecast a cumulative $39 billion expenditure on mobile backhaul equipment from 2012 to 2016. For small cells, analysts expect that nearly 60-percent of backhaul connections will be wireless by 2016, using such technologies as microwave and millimeter-wave technology. Small cells will play a major role to provide more bandwidth through spatial re-use of the available spectrum.
Additionally, ABI Research forecasts that worldwide mobile data traffic will exceed 107 terabytes annually in 2017. This drives adoption of new mobile access technologies such as LTE and LTE-A, in combination with cost-effective IP/Ethernet-based backhaul, by service providers to meet the colossal bandwidth demand. These emerging access technologies rely on highly stringent packet timing requirements in order to function, making sub-10 nanosecond accurate timing imperative for carriers to deliver mobile ultrabroadband. Service providers are asking to provide such timing through the backhaul network itself, since GPS satellite timing is neither practical nor cost effective in the new mobile access network architecture.
About VeriTime for IP Edge and Wireless Backhaul
Vitesse's Carrier-specific Ethernet IC portfolio is fully standards compliant and interoperable with other synchronization solutions like Boundary Clocks (BC) and software algorithm filtering solutions. Learn more at www.vitesse.com/VeriTime.
Previously announced customers leveraging VeriTime technology include FibroLAN and Bridgewave Communications.
About Vitesse
Vitesse (NASDAQ: VTSS) designs a diverse portfolio of high-performance semiconductor solutions for Carrier and Enterprise networks worldwide. Vitesse products enable the fastest-growing network infrastructure markets including Mobile Access/IP Edge, Cloud Computing and SMB/SME Enterprise
Posted by GARIF - 14 years ago
Still Long and not so strong this turd . . .
“Hope is the feeling that the feeling you have isn't permanent.”
G
My best peforming stock for 2012 (thus far) is . . . .
SWHC
I just wish I had more so I could write the gain of SWHC off against VTSS and put this nightmare in the RVM and be done with it. This stock goes nowhere under current management.
G
Posted by G - 14 years ago
G- You've nailed it regarding our illustrious management- what a track record! Hopefully the posters who do a lot of analysis treat it as an intellectual exercise- it means nothing as long as CRG is CEO.
Posted by Techinvestor - 14 years ago
VTSS' customer Bridgewave Communications supplies backhaul equipment to Alcatel Lucent: http://www.lightreading.com/document.asp?doc_id=225281
Posted by phobos - 14 years ago
VTSS continues its stellar stock performance hitting $2.36 share today on anemic volume in the face of an up market.
I've never seen a company with such lousy shareholder returns over MANY years w/o a management change- pathetic!
Posted by Techinvestor - 14 years ago
You're right. When will the much-touted sales kick-in? When will the nightmare balance sheet be fixed? What is the appeal with a balance sheet like that? When will it be time to finally clean house? When?! There's just no urgency and there never has been. This is why the share price languishes. Management needs to make it rain or get out.
Posted by phobos - 14 years ago
"When will the much -touted sales kick-in?" All that information has been on the companies website!! Gardner has discussed the step by sted process for all to see/hear/READ.
Posted by GARIF - 14 years ago
This management has always touted the "we are going to grow" line. Here are the facts. This is from last years 10K and shows the 5 year trend in total Revenue.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8278638-141894-153419&type=sect&dcn=0001047469-11-009945
2008 shows a small uptick from 2007, 228 million revenue verus 221 of 2007. Since 2008 is has been one unbroken string of down years with the yet to be announce 2012 total year revenue showing yet another down year. In 20 years of following stocks I don't know I have ever seen a management team quite like this. They continue to say we will grow and continue to shrink. Maybe it is the finance people who are providing Gardner and the Board graphs of the trend of revenue and they have inverted the scale so the trend line is going up instead of down. Really the revenue stream is an embarrassment.
I would have to agree with a previous comment asking where is the board of directors?
Posted by dlog - 14 years ago
I'm sorry, but management really does need to make it rain or get out. What about the balance sheet? No urgency what-so-ever, and there never has been. The turn around has taken so long that people forget that VTSS was at one point right up there with the major players in this market. In the words of Jack Welch, "Fix it, sell it, or close it down.", and the time for action is long past. Heading into the 2013 fiscal year, there had better be some signs of growth that doesn't come from cost-cutting or selling IP. It would be nice to see some solid top line growth at least once in ten years! This is a source of chronic frustration that is neither addressed nor has gone away. When? WHEN!?
Posted by phobos - 14 years ago
1/16/13
Vitesse increases market presence in Asia by hiring WPI Group.
"WPI Group, a member of WPG Holdings , one of the world's largest semiconductor distributors, will handle demand creation and fulfillment of Vitesse's complete product line in Asia immediately."
"China is expected to be the largest mobile broadband market by 2016, with an estimated 639 million broadband connections, according to GSMA reports."
"In 2012, Vitesse announced a relationship with WPI to distribute Vitesse products in India. Also has a relationship with WPG Americas to distribute Vitesse products in the Americas."
Posted by christ3opher - 14 years ago | Updated 14 years ago
Posted by 