I think what we're seeing is a much tighter holding on spending than we would have expected, ... It's really a general tightening that we've seen across the board that's been commensurate with releases we've seen in that time period.
More Quotes from Patricia Russo:
We absolutely have sufficient liquidity to fund the operations of the business and return to break-even,Patricia Russo
We see China as an important growth area for Lucent's global businesses and an important resource center,
Patricia Russo
Lucent's goal is to build on the success of the past and deepen the trust and confidence we enjoy with our customers and suppliers in China,
Patricia Russo
The strategic logic driving this transaction is compelling. The communications industry is at the beginning of a significant transformation of network technologies, applications, and services - one that is projected to enable converged services across service-provider networks, enterprise networks, and an array of personal devices. This presents extraordinary opportunities for our combined company to accelerate its growth.
Patricia Russo
We have seen China's economy growing at 8-9 over the past few years and in particular within the telecom industry there has been rapid developments in technology and innovation enhancements,
Patricia Russo
Competition is increasing and size and scale really matter.
Patricia Russo
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