Industry committee  We think that in order to build out to our fullest potential and to create the most legitimate effective competitor to the incumbents, we require capital on reasonable terms.

Industry committee  Thank you. There are a couple of elements to my response. First, the public interest component of the recommended approach from the TPR report and the Red Wilson report can go a long way toward addressing concerns people might have about companies getting swallowed up. That's sp

Industry committee  Could I answer the first one? What I would suggest is there should be an appreciation for the terms under which that capital was invested. It was a very significant challenge to attract investment within the constraints of the existing regime. You're right, we were successful.

Industry committee  Absolutely.

Industry committee  I would qualify it somewhat, to say that what you describe as a challenge is also the opportunity. As a start-up, a new entrant, you are looking to introduce competition, and there's a ton of room out there. The other point I would like to make is that our company is 12 years ol

Industry committee  With respect, if I could put the question back to you, rhetorically, what would the difference in motivation be for a foreign-controlled telecom company in Canada versus a Canadian-controlled telecom company? A certain amount of rural build-out occurred as a condition of free spe

Industry committee  I think the answer to that question is not that foreign control is a solution to your problem but that it's a necessary condition to solving the problem. You need competition, and you can't say if we open up the restrictions on public interest and this sort of thing—incidentally,

Industry committee  In theory.

Industry committee  Thank you. As Alek noted, it is a complex question. The answer, though, is very simple. To return to the reports we are endorsing today, they considered this issue very carefully. In their view, and in my view, and in a globalized view, we are a pipeline. We are not a broadcast

Industry committee  Yes.

Industry committee  Thank you. Certainly that was the recommendation of the TPR report and also of the Red Wilson report. That being said, the presumption that any investment in a company that is a start-up or that has less than 10% is in the public interest would take a lot of the administrative b

Industry committee  Thank you, Mr. Braid. What I would say is simply that people want phones. People want mobile phones, and it's clear that the more competitive things are, the more people get them. You have in excess of 100% penetration in Asia and Europe. In the Unites States it's far higher tha

Industry committee  I agree with what both Mr. Kirby and Mr. Krstajic said. The reality is that it takes a lot of capital to create a competitive alternative to the existing oligopoly, and the threat of new competition coming in is a very effective competitive tool. It's something that the Competit

Industry committee  What I would suggest there is that you take the fairly broadly accepted leap of faith that competition creates choice, drives down prices, and does all the good things that consumers want and need. That is the stated purpose for the AWS auction that led to our being here today.

Industry committee  Sure. Ed Antecol is vice-president of regulatory of the fixed-line operation, if you look down on the left-hand side, Globalive Communications Corp. So that's legacy business. We've been around for about 12 years now. I am chief legal officer of the fixed-line group of companie