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A driver is defined by the files that make up its driver package (described below). This document describes drivers, driver packaging, and how to implement drivers using iTest. Spirent Communications plc News release Distributed by Public on 06:20 Spirent 2021 5G Report Dives Deep into Key Developments and the Road Ahead.
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At Spirent we strive to provide an excellent support experience to our customers. Our goal is to continue to evaluate our support services offerings to ensure we meet and exceed customer expectations. It is with this goal in mind that I am pleased to announce the next evolution in Spirent Support Services: the Global Tiered Support Model.
I hope you share my excitement as we launch our new Global Tiered Support Model. I encourage you to ask your Sales or Support representatives about the program and how it can maximize the value you receive from Spirent products.
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Manuel Zepeda
Executive Vice President of Global Sales & Service
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Spirent Communications PLC (LON:SPT) said it expects the new financial year to be second-half weighted due to the COVID-19 impact on customer spending patterns.
However, the provider of test, assurance, and analytics solutions for next-generation telecoms devices and networks said its customers continue to invest in 5G-related infrastructure, devices and services, a trend expected to keep up in 2021.
READ: Spirent retains full-year expectations, highlights strategic momentum in third quarter
In the year to December 31, 2020, revenue rose 4% to US$522mln while adjusted operating profit is expected to be in line with the consensus of US$98-107mln.
Adjusted operating margin increased to almost 20% from 18% in 2019, with cash at year-end of US$241mln, so the company is reviewing whether to pay a dividend.
The FTSE 250 firm secured some contract wins across the portfolio in the final quarter of 2020, benefitting from strong growth in 5G network-related activity.
There was some delay for high-speed Ethernet testing from service providers as COVID-19 impacted customer spending, bt Connected Devices revenue grew ahead of expectations due to strong demand for the new 5G device testing.
Analysts at Liberum said they believe the review of capital allocation could result in a special dividend as in the past, while Spirent 'is well-positioned to show steady growth in 2021 and beyond with flat to rising margins and strong cash flows'.
Shares rose 1% to 264.5p early on Monday.
--Adds analyst comment, shares--