A snippet of the news, don't have a link:

BMO also said it sees equipment spending, which generally moves in line with capital expenditures, down 7% this year and down 3% in 2017.

For individual companies, the firm said it isn't making changes to its company models at this time but noted its infrastructure model implies slightly weaker equipment revenue for Nokia(NOK) , Cisco Systems(CSCO) and Juniper Networks(JNPR) and a bigger downside for Ericsson(ERIC) , which just released disappointing third-quarter figures Friday morning. BMO does see potential for upside from Ciena (CIEN) as the company continues to gain market share.