regulatory touch and then at the same time there's discussion here in the op-ed by eric schmidt and evan seeden berg saying you need private investment and partnership between governments and private companies, and then in your recent speech you talked about perhaps subsidies for broadband a la food stamps. could you reconcile those? >> guest: sure. [laughter] >> host: there's a lot of questions. sorry about that. [laughter] >> guest: let's start by saying that the investment in this space is huge. i mean, our company alone has been investing at the rate of $17 billion a year for the last several years, and when you look at that in contrast to all other american companies, it's much greater than any other american company but at&t. a few years we've been ahead, a few years they've been ahead, but our companies and the rest of the industry are investing huge amounts of money in infrastructure. the fcc estimated investment of up to $50 billion -- $350 billion needed to get our infrastructure to improve to match the services and the demands that will come from the marketplace. so you have to have a cli