Sonus Networks Inc (NASDAQ:SONS)

CAPS Rating: 3 out of 5

The Company is a provider of voice infrastructure solutions for wireline and wireless service providers.


Player Avatar TMFZahrim (21.90) Submitted: 8/4/2010 10:47:38 AM : Outperform Start Price: $2.89 SONS Score: -56.07

2011 is supposed to be a big year for this niche as AT&T rolls out its 4G wireless network, Verizon (NYSE: VZ) expands its own 4G from about 25 test markets to coast-to-coast coverage, and consumers everywhere keep jumping off their copper-scented landlines in favor of Internet calling and wireless phones.In the meantime, Sonus holds over $350 million of cash equivalents in its accounts and virtually no debt, and the company generated $9.5 million of free cash flows in the first half of 2010. This company will be alright until the orders start rolling in again, and its innovative voice traffic solutions might even make it a takeover target for someone like Cisco Systems (Nasdaq: CSCO).

Member Avatar SN3165 (< 20) Submitted: 9/12/2010 1:57:12 PM
Recs: 0


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