The acquisition of the Marconi businesses has a compelling strategic logic and is a robust financial case. As fixed and mobile services converge, our customers will substantially benefit from this powerful combination.

The market continues to show good development with growth in mobile voice and data, broadband and in emerging markets in general. We continue to outpace the market.

The market continues to show good development.

Marconi invented the radio and that is ... the reason we are here today.

China is still the market with the largest potential, ... It adds about five million mobile phone users a month.

It should be something quite compelling should we do something.

So the carriers are uncertain about their future, which is holding back investment.

China doesn't show any growth this year and could even show a decrease by the end of the year.

Our customers will benefit substantially.