 Welcome, ladies and gentlemen, and thank you for being part of this series of leaders. We have four exceptional speakers, Kathleen Riviere's Meet, Kip Meek, Euron Marby, and Philip Meskar. They have important things in common. All of them are former regulators with an experience of more than 15 years in the ICT industry, and all of them have developed their careers in areas related to policy development regulation and standardization. Looking back, can you share with us the challenges you identified at this moment and the lessons learned looking on the evolutionary environment? Looking back, it seems like a simpler environment then. The competition was a good way of securing the interests of consumers, but in those days, that seemed to work. I think subsequently, we'll probably get onto this. It's become a lot more complicated and difficult, but I think the challenges are a bit tougher now than they were. As you know, we're now talking about Internet of Plains by GD, etc. Back then, we were still struggling with 2G and 3G, and so we have to enable our licenses and our consumers to be able to access services that suit their needs and make it fit the purpose to survive and thrive in this global economy. I think looking back, when history is going to look back at the last 10, 15 years, I think it's going to show you something that changed under our feet without actually recognizing it, and that was the Internet. First of all, it changed the business models that existed for hundreds of years for the telecom operators, where instead of becoming service providers, they became, to a large extent, providers of connectivity for someone else to sell the service. This fundamentally changed how regulation works. Internet is a consumer-driven entity. It's not something that regulators and governments said, oh, this is a good idea, let's help the people that have it. It was Internet users around people who just went online and started demanding something. When I was a regulator, a lot of discussions were around simple things, like how good is this? Today, many of the discussions are actually how bad is this? What challenges can you see related to emerging frontier technologies called by some others? When we look at the history of liberalization in telecoms and also what you did as a regulator or did not do, of course, there was the phase of enthusiasm about the new opportunities, the choices and everything, but it also became evident also from a political perspective and from a user's perspective quite quickly that quality was a key component. So the innovation was thriving or is thriving many new choices, but always the question as well, how good is this and how safe is it? Governors, of course, need to frame somehow the innovation, but they certainly don't want to stifle the innovation for the future developments. With the complexity, which all of you mentioned, where we need to regulate, how we can cooperate? But technology change per se isn't the problem that we're dealing with. Technology changes happen for decades, for generations, but it's the nature of the technology change and that technology change is, by definition, by its nature, international and that means that there are no national regulatory answers and unfortunately there aren't international institutions that are capable of working out how to impose a regulatory regime. In the absence of international institutions that are capable of doing that, cooperation is the only route. By what mechanism does international collaboration actually translate into real change? Well, it has to be through persuasion, imitation, education, which is all about discussion. Definitely, there is always room for regional and international cooperation. We're in a global environment. No one hand can clap. We have to realize that if COVID-19 hasn't taught us, one thing is that we actually depend on each other. When we speak about the further international cooperation, I think the aspect of inclusivity and diversity and also of capacity building has a very key role to play even more going forward. And I think that's where we also have this duty of outreach and of helping, sharing the information and help building capacity if that is appropriate. So regulators are bind by law. Everything you do is bind by law. You're contouring outside. But in the world of internet, things happens outside the law. Things happen, sort of new things comes up. And here I think there is a gap by cooperation, talking about and learning because you also have a role to educate your governments and your politicians as being experts of what's happening. Thank you very much to all.