We achieved a flawless technical performance, earning broad international recognition, which did not, however, translate into any material financial gain.

Technology and the European Union have opened up the telecommunications market. Without a new institutional framework, any changes within the company are being built on sand.

We are extremely proud of John and Keith for earning this prestigious recognition. It is testimony to not just their outstanding accomplishments in 2005, but to their stature as top lawyers in their respective practices.

Jacques agonized over it. Not so much in a financial way, but it increased our recognition factor - it's become a hook for us.

Overall, I'm very pleased with our operating performance this quarter.

It is the technical part of the performance which is troubling me more than the musical part.