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. ↗
When you start thinking about taking pictures, sending an e-mail, receiving an e-mail, speaking into your phone and have it transcript voice into text and then sent as an e-mail, it's mind-boggling. ↗