 I believe that the future will be a world where everybody is connected everywhere at any time. And to enable that, the technologies that use spectrum most efficiently will be the ones you will see. And in particular the massive MIMO implementation, very high number of states modulations, this type of technologies. 5G will be the way to achieve that, the current generations which have been specified by ITU under the name IMT. IMT 2000 for 3G, IMT Advanced for 4G and plus. This specification will actually describe what 5G is going to be with IMT 2020. What you could characterize 5G is the way to enable not only people but also things, machines to be connected to internet and work together. It is likely that this will require a number of technologies which may be different depending on the type of situations. What is important for 5G is that you will have not only much larger throughput of the data, a much faster latency time, a much better experience. But I believe what people are looking for now is ubiquity of the network. You are accustomed to have good quality when you are close to the connection point, for example through your Wi-Fi at home or in the office. But you would like to see this everywhere. This is of course coming at a cost, not only in deploying the networks but also to ensure that spectrum is available for that in frequency bands which ensure the most affordable price. What we will see with 5G is a run to higher frequencies to get larger capacities and a run to lower frequencies to get larger coverage. This of course will require more frequency bands to be allocated to the mobile service. But since spectrum is not expandable, this will require more efforts to share with other services than what we currently have. The main value I believe is to permit exchange between people. I think exchange of experience, exchange of visions for the future. This is what I see as the main value.