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AL 9:15:I think that we need to reset the deck completely because the experience of in foreign investment into the Canadian telecom market, not just in the Wind experience, which was a disaster for my investors, who were essentially kicked out of the country. But prior to that, AT&Tcame up to Canada and really did very poorly here with the Canadian control and ownership restrictions. Sprint, the legacy business came up to Canada also had a terrible experience. We just have such a long history of not really properly welcoming foreign capital and foreign competition into the market. And we make all the arguments, the incumbents make all the arguments about the impact on the labour force on the impact on generally on jobs in Canada, but also the impact to your earlier point on investment. The position they always take is we’re going to have to reduce investment levels to stave off this fight from this much bigger competitor.

EJ 10:06:But no one’s really wanted in since we changed the rules back in 2013 to let foreign investors into the smaller companies, right?

AL 10:13:No one new has wanted in because of the experience has been so bad. It’s been horrible for foreign investors.

EJ 10:19:Do you think as we go into this 5G era foreign investment in the telecom industry is something we really want to achieve?

AL 10:26:Yes. I think this is, as I say, the fundamental requirements for truly, if pricing is really, you know, a key objective, which I guess I said earlier, I question whether that should be the focus, I don’t think it should be, I think the focus be on network investment, service levels, quality of service, availability, a very high speed bandwidth, a very low latency or delays and throughput and so on. And that way we can broaden the universe of applications, we can close the digital divide with new technologies like Low Earth Orbit satellites, there’s some incredible technologies being developed there by a number of new players and legacy players in the satellite world where we can start to truly close the digital divide. That’s where the government needs to focus. Just putting a headline on price, I get that it may attract people’s attention, but it’s not where they need to focus. In addition to encouraging facilities based competition, not resellers, the government also needs to put a very keen focus on properly creating a framework that welcomes foreign direct investment in the telecom sector. It has to happen if we really want competition.