The only difference between the Bel Air of the '90s and the Bel Air of my childhood is that now the nannies are Latina instead of British, and the cars European instead of American. ↗
Despite elections and the experience of post-Soviet personal freedoms by the Russian people, the fate of democracy in Russia is perhaps more ambiguous now than at any time since the collapse of the Communist system. ↗
These companies know that at their current size they're not going to be big enough to have the necessary capital, and they don't have enough spectrum to get to the third generation. ↗
What you see happening right now with some of the consolidation is all about more spectrum and capital formation that give you the scale, scope and resources to invest in that 3G world. ↗