Harris 2002 Annual Report

[Microwave]
Communications
Microwave Communications is the largest
supplier of microwave radio systems in
North America and one of the leading
suppliers of fixed wireless solutions worldwide.
The woes of today’s telecommunications industry have been widely reported and there are few
industry observers predicting a rapid rebound. The incongruous aspect of the current market
picture is that business would appear to be pretty good. Everywhere you look, people have one
ear glued to a cell phone or two eyes fixed on the Internet. From senior
citizens to pre-teens, everyone seems to be connected and everyone is
Harris is the
talking, all the time.
Industry Fundamentals
The volume of data usage and the number of mobile subscribers are
growing. The primary problem is weak international markets where a lack
Supplier
of capital has radically reduced the expansion of telecom infrastructures
in countries that previously had been rapidly building out their networks.
The North American market remained healthy in fiscal 2002, driven by capacity upgrades to
accommodate increased cellular usage and the expansion of cellular infrastructure into rural
areas previously not served or underserved.
The company’s broad range of wireless products, systems, and services is used by cellular and
PCS network operators, private networks, and other public networks. Customers use our products
for network deployments, network extensions, and capacity upgrades.
North America
With 40 percent market share, Harris is the largest provider of microwave
radios in North America. Harris is addressing the current challenges in the
telecom industry on two fronts. We intend to expand our current leadership
Allen E. Dukes
President,
Microwave Communications
[
#1 ]
of PTP radios in North America