 Well, we were here in Europe and Europe used to be a leader in the world of mobile It was a leader 20 years ago when mobile was introduced and GSM But it's not the case anymore and the GSMA has just recently published a report Navigant GSMA report comparing wireless performance in the US and in Europe And it's a sad story. Just three numbers or three stats from this First of all, investment in wireless infrastructure has increased by 75% In the US in the past five years and it's decreased in Europe second in terms of 4g or LTE connections in the US This year by the end of this year 20% of the connections will be LTE in Europe 2% So not really that good and in terms of speed as a natural consequence Connections in the US are 75% Faster than in Europe and will be 100% faster in the next five years. So not a pretty picture for Europe I think the reason for this gap this widening gap that we're that we're seeing Is that the market structures are very different economies of scale in the US and fragmentation in Europe just AT&T and Verizon to carriers in the US or Each larger than the three largest European operators combined and in Europe EU 28 now Since recently we have more than a hundred mobile network operators and more than 600 MVA those I mean a completely different things in terms of economies of scale I think the rules to allocate spectrum spectrum policy are widely different as well and clearly in the US they favor Harmonization and release of spectrum in line with network investment in Europe. It's more complicated. I must say and and and I think the third thing is that the whole regulatory framework in the US Incensed investment and innovation and looks at this as a very dynamic market where there is innovation and an investment Whereas Europe has been focusing Rightly, but I think way too much on a static interpretation of the market Looting at looking at really lowering consumer prices Well, first of all, I think it's a good idea and it's a great idea to think about the single digital market And we welcome that we're all looking at jobs and innovation and I think that's very good The second thing is telecoms and mobile and ICT are really an enabler for economic growth and for a diversity of sectors healthcare financial services Transportation etc. So for the mobile and telecoms industry to contribute to the digital single market This needs to be a positive reform for the industry and positive overall and we very much hope it will be the case And the third thing is really I think Europe is lagging behind in terms of investment in wireless and Telecoms infrastructure. So the single digital market needs to in set investment and in send innovation, which Europe really needs I think the reform that we're Contemplating discussing for Europe Needs to do a number of things and very briefly I'll mention four and then I'll talk about what the private sector has to do, of course I think the regulatory reform first and foremost needs to look at spectrum Spectrum needs to be allocated to the industry in a harmonized way and the GSMA just published a report showing the Important contribution that mobile makes today to the economy in in Europe and and the increased contribution It can make tomorrow if the right amounts of spectrum are released. So spectrum very big The second thing is I think the regulatory framework needs to be really pushing towards Facilitating enabling supporting investment. I think that's really important The third thing I think it needs to be consistent. It needs to be consistent across the 28 European member states that that's the first level and it needs to be consistent for all service providers So if you're providing a service whether or not you're a regulated incumbent telco player or an innovative internet company You should have the same regulatory framework and the fourth area is I think we need to have a Policy and the regulatory framework that enables consolidation. I've said that in the US and Europe We have very different economies of scale versus fragmentation I think we need to look at the regulatory framework from the perspective of a dynamic Innovative market that needs to invest versus a short-term only look at price impact in the next couple of months So consolidation should be enabled Those are the four things I think from a regulatory perspective spectrum Incentive investment Consistent rules and enabling consolidation. That's for regulation now I think the private sector needs to do a lot to make Europe and the European market a Stronger place and and mobile network operators are very keen to do that. They will do this either Despite difficult a difficult regulatory environment, which would be a shame or they will be do that By being helped with the regulatory environment and I very much hope this would be the case. I Think it's a fantastic event GSR. We we the GSMA have been working with the ITU over the years to support This forum. We're very happy to see that is very successful this year It's so important to share best practices new development in in the sector and you can do that by sharing information across countries But also by looking at the new things and the new technological developments ideas Etc. So we we very much at the GSMA support that then look forward to continuing to work with the ITU on on the GSR