Industry committee  I think we did consider that. I'm not sure. I have to be very careful in matters of that type because I want to make sure we don't prejudice ourselves for any future dealings at that point, but we did consider it.

Industry committee  No, I'm just saying that we did consider it at the time. Again, I have to be careful. We haven't finished evaluating all our options to date. Much of this has happened very quickly, and that's one of the reasons we're here. We just want to make sure we don't rush into anything th

Industry committee  Yes, that dramatically reduced the value of the LTE assets to us.

Industry committee  At this point, based on the information we have--that is public--those assets have very limited value to us going forward.

Industry committee  Yes.

Industry committee  Much of this is in our brief. It's a very complex issue and it's very detailed in there. What I can tell you is that there are many aspects of this. One is that being involved in the standards process is absolutely critical for future success in a technology--and it's really im

Industry committee  The first thing that's important here is that we were given very little time. Once we learned that the rights to the assets were given away with such broad terms, we had very little time to react. Nortel knew what we were interested in, and they were very interested in our acquir

Industry committee  No, what we're saying is that during this entire process Nortel knew exactly what it was we were interested in and in fact, on several occasions, both before and after the bankruptcy announcement and proceedings, came very close to consummating a deal—so close that we were exchan

Industry committee  There are two or three questions there. The first thing I'd like to say is that investing in R and D is absolutely critical to the success of the high-tech industry, so it shouldn't surprise people when I mention that last year we invested $700 million in R and D. That's the fir

Industry committee  In the end, that was what we offered.

Industry committee  By licensing broad rights to the intellectual property assets and providing broad sub-licensing rights, the best way to describe it is if you found a house that met all your needs and you were very interested in it and started working on an agreement of purchase and sale, and in

Industry committee  We investigated that, but we were advised by our legal counsel that we wouldn't be successful in the U.S. under the terms that were already put in place. We felt that we were snookered.

Industry committee  My understanding is that it was Nortel's U.S. counsel.

Industry committee  We've clearly, publicly, told you our belief of the value of those assets, based on our public bid. I would find it hard to believe that all those assets and all the rights to the other assets—and that's the key—are only worth $150 million.

Industry committee  Without question, it is important to understand how important security technology is. The technology that we use, of course, is public key elliptic curve technology. We've been using it for years, and it's been one of the core competitive advantages we've had in the BlackBerry an