Hold your breath: return of business for Marconi?

18 Jul 2003

Marconi, the telecommunication equipment supplier, has forecast a decline in this year’s annual revenue, citing decreased corporate sales. Although the company reported a 38% drop in revenue for the quarter to 30 June, it remains hopeful about the medium to long-term. It has been buoyed by the fact that many of the large network operators are beginning to forecast increased capital spending for the first time in two years.

United Kingdom