Arris believes there’s some pent-up demand and that spending will increase among cable operators later this year. “We’ll have Comcast, Charter and GreatLand, each operating separately. There [are] a lot of property swaps that are involved, and there will have to be investments in those networks in order to come up with the standard operating procedures that each of those companies have,” said Arris CEO Bob Stanzione on the vendor’s 4Q earnings call late Wed. For right now though, it’s facing some “short-term headwinds” given the uncertainty surrounding those cable deals and telcos that have been vocal in their intentions to lower capex this year. Arris’ revenue for the Q rose 5% to $1.26bln, with the company projecting revenue in the range of $1.2bln-$1.24bln for the current Q and earnings for 40-45 cents/share. Analysts were expecting 55 cents and $1.24bln for 1Q.

The Daily

Subscribe

Is There a Need for Speed for Remote Learning?

As the FCC rushes to establish the Emergency Connectivity Fund to reimburse schools and libraries for internet , what sort of broadband speed is needed?

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB? VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.