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Tech Rumor of the Day: Juniper, Cisco
Cisco has about 80% of AT&T's routing business with Alcatel-Lucent (ALU) and Juniper each at 10%, according to another Wall Street analyst, who says Juniper often ends up the loser in contract awards. It would make sense if AT&T were culling its supplier list, but Juniper's role as the Cisco straw man probably isn't in jeopardy, says the analyst.
It doesn't help, however, that Juniper may have lost a "routing opportunity at AT&T." The stock was down 5.5% Tuesday. Then again, there will likely be more opportunities to come at AT&T.TheStreet Premium Services
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