It should be something quite compelling should we do something,

The acquisition of the Marconi businesses has a compelling strategic logic and is a robust financial case. As fixed and mobile services converge, our customers will substantially benefit from this powerful combination.

So the carriers are uncertain about their future, which is holding back investment.

China is still the market with the largest potential, ... It adds about five million mobile phone users a month.

China doesn't show any growth this year and could even show a decrease by the end of the year.

Our customers will benefit substantially.