We don't know if there are going to be bids in sealed envelopes or an auction. We don't know if the company is going to be put up for sale or if it will go for an injection of capital.

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We believe there's going to be a change in Telecom's strategy in this operation. This hasn't been made public. We've had access to their data room and we know the company, but we don't know what this operation might be.

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