“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,”
“Only in the last couple of weeks have we seen the effects of a general tightening on spending that has caused us to modify our expectations, ... We still see growth, but we thought it prudent to share that we see a tempering.”
“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.”
“Our deepest, heartfelt sympathy goes out to everyone affected by the scope of this tragic natural disaster, ... At times like these, the performance and reliability of communications networks are more critical than ever. That's why our Lucent and Bell Labs teams are drawing upon their knowledge and expertise in network disaster recovery to help the Gulf Coast victims and our customers to rapidly restore and rebuild the region's vital communications networks.”