I think we have to be honest at this point in time. The efforts from several years ago have been a failure. It's quite clear that the new entrants upon whom a lot of hope for a greater competitive environment in the wireless sector rested are, by and large, indeed throwing up their hands. Notwithstanding some modest decline in pricing, we find ourselves, as the Minister himself said, at best middle-average. I don't think that's good enough.
In terms of the kinds of things that we can do going ahead, I think we ought to remove foreign investment regulations altogether. We've seen that for some of the companies in the sector, but not all. Frankly, I think we ought to remove it not just on the telecom side but on the broadcast side as well, because if you're going to allow a new entrant to truly compete aggressively, it has to be able to provide some of the same kinds of bundles that we see the existing incumbents able to provide, and that means opening the door on the broadcast side too.
I think we need to open the door to what are known as MVNOs—mobile virtual network operators—and create that as a regulated space so that they ride on the same network as the existing players, but do so in a regulated manner. We already have that with respect to broadband into the home, as I'm sure many here know. Some of the controversies over things like usage-based billing are part of that regulated environment.
I think we need to be looking at a regulated environment on the wireless side too, and frankly if the CRTC isn't aggressive enough with its consumer protection package, we need to recognize on a number of issues, whether roaming fees, length of contract and the like, that until we have a fully competitive environment, there needs to be some regulatory type of solutions. Lots of other countries that are open, free markets have done the same and recognize that you basically have two choices to ensure that you have a robust, competitive environment: either have competition or have some amount of regulation until you get there. We're not there, and we need to find some solutions to get there.