Rather than providing companies with incentives to take on more debt through stock buybacks, acquisitions or leveraged buyouts, our tax policy should encourage healthygrowthand a strong economy through equity investments that can provide income to investors.
We also forecast that the Latin America revenues will show healthygrowth with strong demand for oilfield services in Brazil and other Latin American countries.
The largest wireless carrier in the U.S. reported a healthy 4% y-o-y growth in revenues, bolstered by a strong adoption of smartphones and its newly launched Share Everything data plans.