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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Frank A. Coluccio who wrote (10484)2/17/2001 2:13:18 PM
From: elmatador  Read Replies (2) of 12823
 
Frank, "Nortel blamed the slowdown on several factors, including:

• Deferred spending by U.S. carriers until at least the fourth quarter.

• Carriers willing to run equipment at above-normal capacity instead of adding more hardware.

• Delay of next-generation wireless installations to 2002."

I am translating that into:
Carriers stopped investing in fixed line infrastructure.
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