Michael Capellas
Michael Capellas
Michael David Capellasis an American executive in the computer and telecommunication industries. Capellas served as chairman and CEO of First Data Corporation, acting CEO of Serena Software, chairman and CEO of Compaq Computer Corporation until its merger with Hewlett-Packard where he became president of the post-merger company briefly, and president and CEO of WorldComwhere he led its merger with Verizon...
business changed intend segment understand
We understand this segment of our business has changed dramatically, and we don't intend to stand still.
chapter cost delivering emerge later progress protection reduction remain solid track work
We still have a lot of work to do, but we are delivering on our 100-day plan, ... We are making solid progress on our cost reduction initiatives, and we are profitable. We remain on track to emerge from Chapter 11 protection later this year.
ahead direct europe roll slower
We are going ahead with our direct plan, but Europe does roll out at a slower pace.
bankruptcy call coming data good great industry notion opportunity phone
We're coming out of bankruptcy with an awfully good set of assets, ... As the industry shifts away from the notion of a phone call is a phone call and data is data... we have a great opportunity to play in that evolution.
expect pricing tough
We do expect pricing to be tough going into the first half.
almost describe perfect
The only way to describe this is almost the perfect storm.