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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Sam Citron who wrote (55339)11/11/2001 10:48:05 PM
From: StanX Long  Read Replies (1) of 70976
 
INTERVIEW-AT&T says Asian network sales to grow 20 pct in 2001
Reuters, 11.11.01, 9:02 PM ET

forbes.com

By Jennifer Tan

SINGAPORE, Nov 12 (Reuters) - U.S. telecommunications provider AT&T Corp (nyse: T - news - people) said its Asia Pacific networking business unit expects to post over 20 percent revenue growth in 2001, down from a 35 percent average rise in 2000.

"That's still pretty positive in this climate, and we expect something similar for 2002," Choo Hock Lye, AT&T's regional general manager told Reuters in an interview.

Choo said Asia Pacific sales for AT&T Business, the networking arm of the long-distance telephone and cable-television giant, would be driven by its recent push into low-end services.
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