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ECT News Community   »   E-Commerce Times Talkback   »   Re: Lucent Closes Book on SEC Probe



Re: Lucent Closes Book on SEC Probe
Posted by: Keith Regan 2003-02-28 13:42:36
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Lucent Technologies has cleared what could have been a major obstacle to its ongoing turnaround. The telecommunications equipment maker has reached a settlement to close the books on a probe into its accounting practices by the U.S. Securities and Exchange Commission. Lucent said the agreement will not require it to pay penalties or restate past financial reports.


Re: Lucent Closes Book on SEC Probe
Posted by: basu_t 2003-03-02 04:36:30 In reply to: Keith Regan
I am very pleased for Lucent. I hope this is the beginning of a great future, once again, for them.
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How urgent is the need to provide broadband services for rural U.S. communities?
It's critical to the entire economy, and everyone should share the cost.
If rural residents really want high-speed Internet, they should foot the bill.
Internet providers will benefit -- they should build out their own networks.
The government should ensure that everyone is connected, but broadband isn't necessary.
People who choose to live off the grid do so for a reason -- leave them alone.
Providers should improve broadband services in heavily populated areas first.