The numbers look okay. The EPS (earnings per share) is slightly better than what people were expecting due to lower depreciation and lower leavers costs, but trends in the business remain weak.
More Quotes from Stuart Gordon:
The migration to (cheaper) IP is still going through the process. The company is not out of the woods yet and the operational trends are still weak.Stuart Gordon
It wouldn't be surprised if they (BT) went ahead and bid.
Stuart Gordon
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