Somera Communications Inc. (NASDAQ:SMRA)
Industry: Technology
Somera Communications, Inc. (Somera) provides telecommunications asset management services to telecommunications carriers to help maintain and extend the life of legacy networks at lower costs. The Company's management of equipment lifecycles should enable its customers, primarily wireless and wireline carriers throughout the world, to drive real capital expense and operating expense savings in the maintenance of their existing network assets in order to focus more resources on the introduction of services and technologies. Somera supports their legacy networks through the sourcing, servicing, and liquidation of equipment on a more cost-effective basis thereby optimizing return on assets. Somera is comprised of four separate but complementary synergistic business areas: Equipment Brokerage, Somera RecoveryPLUS , Somera RepairPLUS and all of the Company's other value-added services, collectively called Somera LifecyclePLUS. The equipment brokerage business is the core transactional business upon which Somera was founded upon, where the Company sells a combination of new and refurbished equipment obtained from a variety of manufacturers to carriers. Somera RecoveryPLUS, Somera RepairPLUS and Somera LifecyclePLUS are referred to as the Company's lifecycle management programs. Revenues from these lines of business are included in Service and Program revenue. Somera RecoveryPLUS and Somera LifecyclePLUS are emerging lines of business for the Company. Equipment Brokerage The equipment brokerage services provided by the Company allows its customers to make multi-vendor purchasing decisions from a single source. The Company offers carriers multiple categories of telecommunications infrastructure equipment to address their specific and changing equipment requirements, primarily for network maintenance and incremental network expansions. It supports analog, T1/E1, T3/E3, Synchronous Optical Network Technologies (SONET), Synchronous Digital Hierarchy (SDH), Time Division Multiple Access (TDMA), Code Division Multiple Access (CDMA) and Global System for Mobile Communications (GSM) for voice communications and wide area network (WAN), local area network (LAN), international access servers, and various other data products for data communications. Somera has a database of over 14,000 different items from over 400 different manufacturers. Many of these items are either immediately available in the Company's physical inventory or readily available from one of its supply sources, including carriers, resellers, and manufacturers. The Company offers to its customers many of the same terms and conditions of the original manufacturer's warranty on all new equipment. On re-used equipment, Somera offers its own warranty which guarantees that the equipment will perform up to the manufacturer's original specifications. The new equipment Somera offers consists of telecommunications equipment primarily purchased directly from the original equipment manufacturer (OEM). The re-used equipment the Company offers consists primarily of equipment removed from the existing networks of telecommunications carriers, many of whom are also its customers. Somera's sources for re-used equipment are typically the original owners of such equipment, or resellers of such equipment. Somera RecoveryPLUS Somera RecoveryPLUS is a program that works alongside carriers' own network planners to help identify and realize value from excess and under-utilized network equipment. The Company then evaluates and recommends appropriate disposition options, to either re-deploy the equipment elsewhere in the carriers' network, thereby reducing the reliance on new equipment purchase for legacy network maintenance, or remarketing these assets to generate a new source of revenue. Through RecoveryPLUS, the Company also acts as the primary agent for the client carrier in leveraging the secondary market for new and refurbished equipment necessary to maintain these same legacy networks. Somera RepairPLUS Somera RepairPLUS supports the Company's customers' require
As Of: 10/07 00:00 ET
*Quotes delayed by 20min.
BuyIns.Net Alerts for Symbol SMRA
- No BuyIns.Net Alerts Available for SMRA
Graphs for SMRA
3 Month Graph
6 Month Graph
1 Year Graph
