I am committed to take our mobile activities public in order to raise the necessary funds to create a mobile currency for future acquisitions, first in Europe and then globally.

We don't have to make an IPO for financial reasons. We would like to do it for strategic reasons.

There is no reason for us not to go after large mergers.

The acquisition of One2One is clearly not the end of our ambitions in this respect.

We know exactly where our holes are [and] the U.S. is an important issue. Limiting this company to an Italian-German combination would create a weak competitor.

We're not merging these companies against France Telecom.

More than 500,000 private shareholders in Italy, around 50,000 in Spain, almost 30,000 in France and more than 20,000 in the Netherlands clearly demonstrate that the T-Share is the first real international share for the retail investor.