Question-and-Answer Session
Thank you sir. Question-and-answer session will be conducted electronically. [Operator Instructions]. Our first question comes from Frank Meunier with Cazenove. Please go ahead.
François Meunier - Cazenove
Hello, good morning. Thank you for taking my question. I don't really understand the guidance on COM. I mean I think before you were saying that margins would be midway between the margins you achieved in 2007 maybe around 9% to 10% in 09, so something around 5%. Also on the top-line, I don't understand why revenues should be down in the March quarter while LG, which is one of your biggest customers is guiding for a volume increase.
Dr. Wolfgang Ziebart - Member of the Management Board, President and Chief Executive Officer
May I pass this question to Hermann Eul?
Prof. Dr. Hermann Eul - Member of the Management Board, Executive Vice President Head of Communication Solutions Business Group
Yes, thank you very much. The first part I understood that you asking for 2009 forecast. We didn't say anything about that.
François Meunier - Cazenove
2008, because before, you were saying maybe 8% to 10% income, people were I think on average implying 5% margins in 08. So why would it be negative? I don't understand the calculation there.
Prof. Dr. Hermann Eul - Member of the Management Board, Executive Vice President Head of Communication Solutions Business Group
We don't actually, not recall that we have given that guidance, so I cannot comment on this really.
Ulrich Pelzer - Corporate Vice President, Investor Relations
What we put in the outlook section of the 20-F is that for COM and fiscal 08 despite currency headwind, we are hoping to achieve positive EBIT; that was the guidance.
François Meunier - Cazenove
So what's the difference between positive EBIT, negative now?
Ulrich Pelzer - Corporate Vice President, Investor Relations
So that is what we guided on now, so we are seeing of course the currency headwind currently, and also with this seasonality now in the second quarter situation is bit weaker. Also as already stated on the broadband access business, we are facing now a lower market situation than we expected before. That was a hit, which we already now took into December quarter. And our expectations of rebound in this business currently is fairly low. So we are more cautious here and expect that this business continues to be more flattish. So, that is the implication. And what the wireless is concerned after this seasonal weak quarter of March, we expect to coming back to growth rates in the June quarter and onwards. So here we do see more positive outlook.
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