Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from Samuel Wilson from JMP Securities. Your line is now open sir.
Samuel Wilson - JMP Securities
I have three questions, one for Tom and two for Atul. Atul, starting with you, on the LTE opportunities, I wonder if you can give us a little perspective of when you looked at Catapult late last year, and when you announced the deal, have the LTE opportunities rolled out thus far as you expected this year? And for the North American carriers, there are several talking about trials before the end of the year. Does that seem like the trap that everybody is still on?
Atul Bhatnagar
When we look at the Catapult last year, to be very frank, we had doubts in our own mind, how fast this market will mature. As 2009 has progressed, the timing for Ixia could not be better. As the deal was going and as we were negotiating, Verizon definitely threw a lot of its weight behind LTE. So I would say compared to last year, we are not only seeing the opportunities they were pursuing last year but in addition, there are new opportunities emerging at almost every geography for two reasons. One is that the 3G network increasingly is looking at increasing bandwidth incrementally, since some cases even though LTE handsets may come later, LTE will bolster existing 3G networks. So there is a infrastructure play. When service providers look at iPhone, AT&T type of combination, and it's really very easy to use iPhone, they know that the future belongs to multimedia interactive applications. And LTE with their speeds and feeds, and the IP proximity in standards is definitely these standards all of them are adopting. So in summary, lot more acceleration, lot more deals compared to last year when you we looked at Catapult.
Samuel Wilson - JMP Securities
Speaking a little bit on sort of that Ethernet side of your business, the data networking side of your business, I just want to get a sense has the pace or cadence among your NEMs for new product introductions, and therefore the purchase of test equipment compared to a couple of years ago, is it slowed down dramatically? Is it roughly the same? I just want to get some stroke, kind of the cadence and pace of our new product developments right now as you see it?
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