Industry committee  That is correct.

Industry committee  You go through a qualified bidding process. There's a set of requirements—signing an NDA, providing public financials—to get a qualified bid. There were three qualified bids or bidders in the process: Ericsson, MatlinPatterson, and Nokia Siemens.

Industry committee  That is correct.

Industry committee  We have had discussions to present the analysis of the value of the assets being transferred. Yes, we have.

Industry committee  What I'm saying is that there are a number of options we're looking forward to analyzing on how to maximize the value of those patents. What that implies in terms of structure and ownership and value is a piece of analysis we haven't finished. When we do finish that work and we h

Industry committee  Let me focus on the sustainability question. I think it all turns on the point that we weren't interested in seeing a business that we couldn't get adequate returns on—i.e., not a bailout. So if we looked at the plan and looked down the track and asked if this is a business we ca

Industry committee  There are 109 patent families being sold as part of the existing transaction. We have in total 5,069 patent families. It's important to note that probably about 40% of those 5,000 patent families are in fact being mapped to be sold with the assets, meaning that whether it's the

Industry committee  Let me take it in three pieces. The principal businesses of Nortel will be sold. We are in the process of having stalking horse bids for the remaining principal businesses by the end of Q3, and therefore, depending on transaction closing, it could be Q4 2009 or Q1 2010, but the

Industry committee  I don't have those figures and facts. I couldn't comment on that. I just don't know.

Industry committee  The analysis was on a set of assets that would be transferred or carved out. If you think about Nortel as one global integrated company, in order to sell these assets, we had to carve out these businesses, with a P and L, a balance sheet, and the like. That analysis was done both

Industry committee  I understand there was a new finding from the Wilson committee to do that, at least as of July 12, where the current record still is that it's a book value test.

Industry committee  I could provide two pieces of input on that, one of which is from the customers. We have developed some world-class LTE technology. Richard's team has done a phenomenal job. But the customers—the large North American and European and Asian customers—have been very direct with u

Industry committee  Again, I want to acknowledge the human situation that exists on one hand, but the economic answer is that this is the best way to maximize the value for that asset. That value then gets distributed over time through the court process. That's the most efficient answer to their ver

Industry committee  I'll attempt to do so. Again, to go back to my earlier comment, there are multiple jurisdictions here in filing—U.S., Canada, and EMEA. The process for maximizing value through asset sales is under way. The distribution of those proceeds to the various claims will go through a s

Industry committee  I'm not aware that we produced any documents on this topic for Industry Canada. I can go back and check the records, but I'm not aware that we did produce any documents on this topic. Derrick, go ahead.