 Riding the day away is the topic of a session in the ITU World Congress which will be held in November and I'm chairing that particular session and it's going to deal with a very important issue that's affecting the operators around the world whether they be fixed operators or whether they be mobile operators. The fact is that we do have what may be called a perfect storm, a perfect storm of the convergence of information, entertainment and the devices by which that information and entertainment can be both displayed and communicated. We have changes that are occurring in social media, the Facebooks and Googles of this world and the way that people want to continuously communicate with their pages and their friends via those social media. All of this is placing high demand on both the networks that exist in people's homes, offices and elsewhere indeed around the streets of the cities that they live in. The thing is that people today wanted to be able to upload and download information when and where they want at an affordable price. This is the challenge that's facing operators today is how that they deliver on that, considering that this data usage is increasing year by year. In fact, according to people like Cisco and even repeated in some of the ITU publications, we're looking at an annual growth rate that's around 75% per annum and expected to be so between 2012 and 2017. That's something like a 17-fold increase in the amount of data that's been carried on networks today. The challenge is how do we shoehorn that data in to those existing networks? How do we upgrade or evolve those networks to new technologies, whether they be Fiber or whether they be 3G or 4G technologies? This in turn is placing a challenge to regulators, regulators that have to enable the networks to introduce these new technologies. If we're talking about mobile, that's essentially around spectrum. Spectrum is the ground floor. It's the foundation for building the mobile networks of the future. The thing is that we need more and more of that spectrum dedicated to mobile if we're going to be able to achieve this sort of result. Now, this is not easy because that spectrum is not sitting there vacant today. It's occupied by many services. The regulators have to work out ways in which they can placate and move those existing users to enable these new frequencies to be made available. And then the challenge for the operators themselves is affording the spectrum. There's currently an auction going on in Taiwan. It's up to around about 340 rounds on that auction. The prices that are being paid are roughly double that of what the base price was. Now, this in turn is affecting the shareholders of those companies, their ability to continue to provide dividends, they've got to buy that spectrum, then they've got to spend even more money on the technologies that will utilize that spectrum. So this is a continuous challenge. I look at a mobile network particularly as being a living, growing thing, something that you don't just build and forget, but every day you go back to it and work out new ways that you can optimize that network to deliver a good quality service to the customers. And those customers, of course, every few months are getting and buying new technologies. And now we're seeing in particular iPads, tablet computers, replacing the PCs, and these tablet computers are both Wi-Fi enabled and enabled for the mobile networks themselves. And that will drag down ever higher quality and higher data usage, information, and entertainment again to be supported on these networks. So it's an economic challenge for the networks to be able to afford those technologies. It's a regulatory challenge for them to put in place the laws that will facilitate on an even-handed affordable basis. So these are things that are being addressed variously by countries around the world. The more developed countries, perhaps well in advance, are putting in place the right sort of conditions such as spectrum auctions that can take place. Other countries that are still advising older regulatory regimes a great deal of difficulty in dealing with that tendency that they have to face. The topic going back to it is writing the data wave. The question is, are you going to be on top of that wave? Or are you going to be underneath that wave? This is a challenge, as I say, that faces the network operators and the regulators around the world. And these issues need to be addressed, and they need to be addressed now.