Amounting Quotes
We believe the time to act is now... Our economy has slowed down in the last six months beginning in August, and we are now bouncing around by some estimates in a narrow range of economic activity amounting to [between] 5 percent growth and minus 5 percent growth.
- Paul O'Neill
Today there is a very thin layer of insulation in the oil market amounting to approximately one million barrels a day, meaning that every small disruption, be it a hurricane in the Gulf of Mexico or riots in Nigeria or instability in the Middle East, immediately creates a rise in prices. This situation will be with us for a long time because there is no new spare capacity. Building spare capacity requires an investment of billions of dollars to create infrastructure that may sit idle most of the time. Nobody will invest on those terms.
- Gal Luft
This recognition by Deloitte clearly demonstrates the growing market acceptance of FTS' solutions. Furthermore, in the last quarter of 2005, FTS signed new deals amounting to about $15m. FTS is capitalizing on service and content providers' moves to next generation products, while providing traditional operators with state-of-the-art solutions that address their current needs with a clear roadmap for the future.
- Yair Sakov
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