We see China as an important growth area for Lucent's global businesses and an important resource center,
More Quotes from Patricia Russo:
As you know it's been a challenge in the last year because of the pause with respect to investment and the anticipation of those 3G licenses.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
We absolutely have sufficient liquidity to fund the operations of the business and return to break-even,
Patricia Russo
This quarter, despite the decline in revenue, we maintained a solid gross margin performance due to our continued focus on simplifying our operations and diligently managing our cost structure. Based on the review of our expectations for fiscal 2006 and ongoing interactions with our customers, we are confident that our revenue performance will be much stronger for the remainder of the year.
Patricia Russo
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