I'm going to take a step back. We appreciate and understand the balancing act the government had to put in place here. On the one hand, rules were set up in 2008 to allow for new entry. We have three examples of that here.
The government wants to make sure that can continue, that conditions can continue to be in place so that they can continue to operate. We are looking for a fourth national carrier, as you can tell from Minister Paradis' testimony yesterday at the Senate.
So on the one hand, they thought one way to do that was to lift the foreign ownership rules for small players. If that's the goal, then we say, okay, let's treat all players the same, rather than create the two-tier capital structure. That's one example of asymmetry.
The government also wanted, based on the statements of the minister and the policy, to ensure incumbents could continue to bid on spectrum and continue to invest massively, as we have. That was addressed by allowing us to bid on the upcoming spectrum auctions. We certainly don't quarrel with that.
The third thing the government wanted to accomplish was to make sure there was investment in rural areas.
And I don't quarrel with any of those objectives. But the one gap was the way it was done. If you have 10% or below revenue share, there are no foreign ownership restrictions, which means a company like AT&T, which obviously today has zero revenue share, could come in from scratch. It's a massive organization with—