 Our success is related to the coverage of the fiber and the optical fiber and cable TV networks as well as to the coverage of the LTE networks. It is related mainly from the regulatory point of view to the imposition of a symmetric access to the ducts and poles of Portugal Telecom. It was a measure taken by Anacom almost nine years ago and it was an important factor in reducing the cost of investing in broadband networks. A second set of measures was a law published by the government law published in 2009. That law clearly anticipates the recent directive of the European Union, directive 61-2014 in that it sets the principles for access to ducts and poles owned by other utilities and other municipalities in the country. Other utilities meaning electricity companies, water and waste companies, highway operators, railway operators and municipalities. So these were the main milestones concerning regulation. But the dynamics of competition in the domestic market were also very important. Portugal Telecom that made the spin-off of their cable TV business and as a result of that they had to build firm scratch at the TV service and that was a driver for a huge investment in broadband. And recently the launch of 4P bundles meant that mobile operators understood that they need a nationwide broadband business and fixed operators understood that they needed a nationwide mobile business. So these are the main, because of that mobile operators have been investing as on the phone or there has been a merger between the largest cable TV operator and the smallest mobile operator. Of course when setting a symmetric access to ducts we were aware that deep regulatory involvement would be needed not only in relation to the prices but in relation to the SLA agreements and setting the appropriate SLA agreements so that they are fair and proportional but they cannot be the source of barriers to entry is certainly one of the main challenges. Another main challenge that we have nowadays is of course how to implement the recommendations of the European Commission on access to next generation networks and on the costing of access to next generation networks. The infrastructure was funded by the companies in general so either by equity of course or by debt I guess that in most cases of course it was by debt but there was a small part of the infrastructure that was co-financed by the government in rural and poor areas there was a public tender to select an operator that would build an optical fiber network covering at least 50% of the population in these poor municipalities. In these areas there was the investment was co-financed with public funds they represent a relatively small part of the population. Well it seems inevitable. Market consolidation of course says the traditional reasons that we find in other industries taking advantage of economies of scale, avoiding cost application these are the traditional reasons for mergers and they apply to national mergers and to cross border mergers in this industry but there are also other reasons for other types of consolidation that relates to the dynamics of the telecommunications and information technologies markets and so we see telecom operators integrating into content delivery networks or integrating into the production of content we see content producers integrating into CDNs so there is also a merger wave that is the result of technological change and the perception of companies that merging they can well they can increase their profits of course using current resources and they can rationalize their investments In my country, that's what I can talk, mandatory infrastructure sharing is focused on ducts on poles and eventually on other elements of civil engineering that may be able or that can be used to co-locate electronic communications equipment on a mandatory basis. Of course there are also agreements between the operators, mainly mobile operators to share some facilities including masts to co-locate their antenna that's one other source of facility sharing until in Portugal there is also another feature another case of facility sharing that is related to optical fiber two mobile operators for the fund and optims before the merger agreed on developing their own on developing basically on building, on covering 500,000 homes but they agreed on sharing the infrastructure so there is a case in Portugal also of operators sharing the fiber on a voluntary basis that involves no regulation after the merger of optims with the cable TV operator sharing that infrastructure with other fund became mandatory but in the beginning that sharing process was voluntary between the two companies we see that most people are increasingly choosing whenever they can in principle they choose a cable or fiber in relation to ADSL but in Portugal the main technology that is being chosen by consumers to have access to broadband services is still ADSL Portugal Telecom and provides triple pay solutions with ADSL so including IPTV same applies to other fund in the case of other fund in most cases using the local loop rented to Portugal Telecom so ADSL is still used by a large percentage of Portuguese consumers in many cases they have a debit rate or the speed is let's say or the promised speed of course it depends on the hour of the day goes to 20 megabits per second, 25 megabits per second, 24 megabits per second but in many cases that speed is not reached so usually what the operators do sometimes is the following when they cable a home where there is a customer having already an ADSL service they change from the ADSL to the fiber or cable service without additional charges some cases this change involves basically maintaining the same speed although the speed could increase they maintain the same speed and there are no additional charges in other cases the speed increases up to normal speed of let's say 80 megabits per second up to 100 megabits per second