Over time, the balance of our business is going to shift more and more to international.

It takes balance. You need to be aggressive but not offensive.

Alltel is a strategic asset with regard to its wireless business and balance sheet. The same applies to Sprint as it partners with the cable companies. Qwest likely stays intact for the intermediate term, but is generating cash and has operational momentum.

Alltel is a strategic asset with regard to its wireless business and balance sheet. The same applies to Sprint.

We still believe it's very expensive. It's not a great business case. But we have to balance the market pull with regulatory requirements.

There is a lot of business and balance sheet restructuring to be done that would benefit from being away from the public eye but, once complete, the price is a compact, good quality, highly cash generative company.