Updated: The sales of Cable modem termination systems (CMTS) declined 32 percent in the third quarter of 2008 to $246 million, according to research firm Infonetics Research. In comparison,$360 million worth of CMTS’ were sold in the second quarter of 2008. One way to interpret this is as yet another data set pointing to a severe slowdown in demand for broadband across the board. We had earlier pointed out that the economic problems were impacting U.S. communications companies, especially those with exposure to hot housing markets. No wonder UBS analyst Nikos Theodosopoulos is projecting global service provider spending will go down by as much as 10 percent in 2009.