The number one objective is that people who make the investment in digitization, whether they are governments or service providers, get a reasonable return.

Once you put in backdoors, once you allow a government to intercept anything they want, you have to give it to other governments around the world. Once you do that, there is no privacy; there is no security. There is no protection for democracy.

We are continuing to see a number of signs that could be interpreted with the appropriate caveats as optimistic,

AT&T Wireless was the bullet. The service providers used to do well.

Organized crime and rogue nation states and terrorists are very much focused on the Internet of things. The challenge that goes with connectivity is always security. The bad guys go wherever the return is, and now it's more lucrative for bad guys to focus on cybercrime than traditional crime.

We don't go into a market without a chance of a 40 percent share and sustainable differentiation. We wouldn't get into wiring oil rigs if we didn't believe we could get 40 percent.