But you have to be careful in that a bunch of existing competitors use the ILECs facilities. We regulate it wholesale, so those facilities are available to create that competition at retail. But that's a very different form of competition. It's a competition that the CRTC has tried very hard to work since 1997-98. They've bent over backwards to try to make the playing field even more level to make those guys sustainable.
The kind of competition between competing networks we're seeing now is very different. It's facilities-based competition between the two of them. And I think when you look at the nature of that industry and you look at the huge amounts of money that both the cable company and the telephone company put in the ground, which is sunk, and how low their costs are to provide service to a given place, given that they're going to compete over bundles, it's going to be winner-take-all in terms of providing broadband access to that house, given that the cable companies are new entrants, so they have very small market share. They're not interested in colluding or engaging in conscious parallelism yet. They're going to compete fiercely to try to get up their market shares.
I think this idea that we should be worried we're going to have a cozy duopoly right off the bat is completely illogical, given what the mandate of the cable companies will be. They will want to go out and grow their market shares. They are going to compete.
The other thing we should think about is that we had entry. The cable companies have entered, and they don't enter with higher prices; they enter with lower prices to attract customers. That's the direction that prices are going to go. That's the nature of the competition we're seeing.