 Welcome to ITU Telecom World 2017 here in Busan in the Republic of Korea. I'm very pleased to be joined in the studio today by Mr. Jin Jang Joo, who is the Vice President of Carrier Business Group for Huawei. Mr. Joo, thank you very much for being with us today. Thank you very much for inviting me. Now I'd like to start off by talking about smart digital transformation. It's the theme of ITU Telecom World this year. What does it mean to you and what are the key opportunities in your opinion and challenges for the next five years? So when we're talking about the smart digital services, so means big opportunity as well as big challenges. So now all the way we look at it back, start from the voice to short message to the video. This is called digital services. Of course it's cloud services, IoT, become the entry, and in the future B2B, cloud B2B, even a mobile payment now is everywhere everywhere you can say. So the digital smart digital transformation has become a very very economic and a very society. So behind that also we need a thing about the network transformation, architecture transformation, and also maintenance operation transformation. Okay all the digital services based on the architecture network side. But look at the figure, that could be a figure. So now so far we have more than two billion people, no cell phone globally. More than three billion people, no access to internet. More than 1.1 billion households, no broadband. So one side we talked about the smart digital services, another side we have very weak infrastructure. So what do we do? According to the Huawei GCI, we will find the front runners in this year, the GCI increased by 4.7 points. The adapter which is between is around 4.6 points. But let's look at the starters just like 2.4. The digital gap and digital divide is become bigger and bigger. So we say the digital divide is become digital chasm, which is called the muscle effect. So rich become richer, poor become poorer. So what the government and also decision makers and also the stakeholders, we have to think about how to build very strong ICT infrastructure to enable the digital economy growth. And in terms of, we talked about it a second ago, the national broadband networks, what's the significance of them in emerging markets? Actually you know the national broadband is a cornerstone, one of the cornerstone ICT infrastructure. It is one of the enablers of the digital economy and also can bring up your national competitiveness. According to ITU research, we found any 10% of the home broadband penetration can make a contribution to the GDP by 1.3%. As well as employee rate by 3 or 4%, productivity rate by maybe 5 to 10%. So ICT is a cornerstone of the economic growth. So far more than 150 countries has made their own ICT plan by using the policy and the capital investment and the incentive in the taxis to inspire and more and more investment and more and more investor capital sectors. And what are the main challenges in your opinion of developing national broadband networks in emerging markets? We have a lot of challenges, otherwise we'll have very good results, you can say. The emerging market population is almost 70% of the global population. The number of households is almost 60% of the global households number. But look at you know the home broadband penetration globally in emerging markets is less than 15%. In some countries even less than 5%. If you look at developing countries more than 40%, maybe 60%, something like that. So the gap is still there, the market is there. But what is the challenge? I think most of the number one is the cost. The cost is too high, nobody is going to invest. If you are an investor, whatever technology investor or government or some private sectors, you have to think about how soon and how quick take back what you invest. If the ROI, we see the return of the investment is too high, more than 10 years, nobody is going to invest. On another hand, the end users affordability is low. The cost is high affordability is low. So these are problems. So how to solve the problems? Let me give you an example. For the site acquisition and ROW right away. In some countries you have to spend at least one month to get ROW. Of course, the site acquisition you spend more than half a year. You know the time is the cost. And also you have to pay for the government. I would say in some countries, one kilometer cable, you have to pay for rides more than 10,000 US dollars. This costs too much. That's number one. Number two, the construction cost is also very high. How to reduce the construction cost by using the innovative technologies? There's also idea about that. Number three, the last mile. You built a highway but you don't have the branch to help to help. Because that has become very most difficult section, sectors. So how to talk to, you know, built up an ecosystem to bring down the difficulties of the last mile. That's all the five minutes home. It's very easy to get access to. That's number three challenges. Developing broadband calls for collaboration across the ecosystem. I wanted to ask you, how can we achieve a win win through policy, regulation and infrastructure synergy? And the first one I think the man said, so we have the same target to bring up the, you know, the home broadband penetration. Maybe if government, maybe, you know, the regulators, investors, all the participants, we have the same target. So how to work together? I think the government, you have to have the very good policy to create very good environments. At the same time, you can use also the incentive taxing to inspire a way more the investment come together. That's number one from regulators and from the government policy. Number two, the government also have to think about how to create the policy to open the public facilities. A lot of public facilities, a lot of government utility, we call the silent assets, cannot be used by the asset sectors. So if we can open that to the asset sectors, get all the asset players to reuse the existing resources, we save a lot of costs at the time. That's number one. Number two, you know, the operators itself, because you are investors, also are thinking about how to cooperate with another players. For example, operator top companies with electricity companies and power companies and also the gas pipe companies because they already have the resources just like fiber and the sides and the power and supply. If you co-operate together, work together, you make the business more easy. Number number two. Number three, just like vendor, just Huawei. What do we think about how to develop very innovative solution to reduce the cost and then make the internet life more easy. And finally, what's the value for your events such as ITU Telecom World 2017 and do you have a key message that perhaps you'd like to impart to our participants here? I like this platform. I think this is a very good platform for each stockholders talk to each other, exchange your ideas. Because now if we say this is the ecosystem world, ecosystem is not something only you, you have to a lot of, you know, partners each other. I think this is a very good platform for us to exchange your ideas. The key message I want to say, okay, the number one is ICT is a cornerstone for the digital economic growth. That's number one. Number two, we have to work together to build a very ecosystem to bring the cost down, to shorten the ROI, to make a life. Everybody has the right to get to access to an internet or mobile phone. Well thank you very much for sharing these insights with us and good luck here at the show and we look forward to catching up with you again soon. Thank you sir, thank you very much. Thank you.