Lucent's accounting practices will now be more in line with those of most major U.S. corporations. Lucent's method of valuing pension and benefit assets had been among the most conservative of the more than 150 large U.S. corporations surveyed by our auditors PricewaterhouseCoopers.

It's a reality. It's going to be used in the office. ... I don't believe it will be a large enterprise solution, and I don't believe that Microsoft has asserted that they know how to get there.

We see the market as about 50 per cent IP, moving steadily to more than 100 per cent over the next few years.

Everybody's after everybody's lunch, and that's absolutely true about this.

This accounting change in no way affects the actual value or security of our pension or post-retirement assets. No cash will leave the plan or flow back to Lucent as a result of this change.

This agreement enables us to increase our global competitive advantage in IP communications and further strengthen our position in the Asia Pacific region.