Looking to Close Polycom Deal in Early August: Mitel

The transcript discusses the company's significant revenue and employee presence in Europe, their approach to currency monitoring and planning, and their strategic contingency plans. It highlights the importance of balancing short-term and long-term investments. The transcript also covers the ongoing acquisition of Polycom, including the competitive bidding process and the expected timeline for shareholder votes and deal closure.

What is the company's approach to currency fluctuations in Europe?

• They rely on government policies.

• They have a formal hedging program.

• They ignore currency fluctuations.

• They continuously plan for currency changes.

How does the company handle unexpected economic situations?

• They pause all operations.

• They quickly implement contingency plans.

• They sell off long-term investments.

• They increase short-term investments.

What is the company's strategy regarding short-term and long-term investments?

• Focus solely on short-term gains.

• Prioritize long-term investments while being conservative with short-term ones.

• Ignore long-term investments.

• Invest equally in both without any strategy.

What is a key component of the company's strategy?

• Acquiring Polycom.

• Reducing employee base.

• Expanding only in Asia.

• Focusing on domestic markets.

When are the shareholder votes for the Polycom acquisition expected to occur?

• On the 1st of August.

• In June.

• On the 29th of July.

• In September.