Thank you, Brad.
Mr. Masse, the government's spectrum policy has very sensibly evolved over time. I would briefly remind the committee that the history of this evolution is noteworthy here. The birth of this industry, back in the early mid-1980s, was able to take place because the government at the time provided free spectrum to the regional telcos, as well as to what at the time was Rogers Cantel, to move forward and basically birth a new industry, an industry that we all are incredibly grateful for. I think everyone in this committee has a phone on their desk or in their pocket today that they rely on every day.
That spectrum policy enabled that initial birth of this industry, and that policy—