SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 2, 2001
AVAYA INC.
(Exact name of registrant as specified in its charter)
Delaware 1-15951 22-3713430
---------------------------- ------------------- -------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
211 Mount Airy Road
Basking Ridge, NJ 07920
-------------------------------------------- ----------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (908) 953-6000
ITEM 9. REGULATION FD DISCLOSURE
On May 2, 2001, Donald K. Peterson, President and Chief Executive Officer
of Avaya Inc., a Delaware corporation (the "Company"), in a presentation to the
2001 Annual Meeting of Warburg Pincus in New York City noted that the Company
believes the following markets will experience the indicated compound annual
growth rates ("CAGR") from 2000 to 2003:
1) Communication Solutions - $108 billion in 2000 to $170 billion in 2003
(16% CAGR)
a) Traditional voice - $32 billion in 2000 to $33 billion in 2003
(1% CAGR)
b) Data/IP Convergence - $50 billion in 2000 to $81 billion in 2003
(18% CAGR)
c) Applications - $26 billion in 2000 to $56 billion in 2003
(29% CAGR)
2) Services - $31 billion in 2000 to $40 billion in 2003 (9% CAGR)
3) Connectivity Solutions - $11 billion in 2000 to $18 billion in 2003
(18% CAGR)
Total for all markets - $150 billion to $228 billion (15% CAGR)
This current report contains forward-looking statements based on current
expectations, forecasts and assumptions that involve risks and uncertainties
that could cause actual outcomes and results to differ materially. These risks
and uncertainties include, but are not limited to, price and product
competition, rapid technological development, dependence on new product
development, the mix of our products and services, customer demand for our
products and services, the ability to successfully integrate acquired
companies, control of costs and expenses, the ability to form and implement
alliances, the economic, political and other risks associated with
international sales and operations, U.S. and foreign government regulation,
general industry and market conditions and growth rates and general domestic
and international economic conditions including interest rate and currency
exchange rate fluctuations. For a further list and description of such risks
and uncertainties, see the other reports filed by the Company with the
Securities and Exchange Commission. Except as required under the federal
securities laws and the rules and regulations of the Securities and Exchange
Commission, the Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
Note: the information in this report is furnished pursuant to Item 9 and shall
not be deemed to be "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that Section.
This report will not be deemed an admission as to the materiality of any
information in the report that is required to be disclosed solely by
Regulation FD.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AVAYA INC.
Date: May 2, 2001 By: /S/ CHARLES D. PEIFFER
-----------------------------------
Name: Charles D. Peiffer
Title: Controller