. >> host: chris guttman-mccabe, if you would respond to fcc michael copps statement to cr report. "i can't ignore the darkening clouds. the headline will be that the fcc does not or does find competition. dig deeper, and for sure, there's ongoing trends of industry consolidation." >> guest: i think if you look at, you know, with all do respect to commissioner copps, i think if you focus on one specific area is the hhi is measured by the ftc getting higher. i think the answer is yes, and you can't deny that. yet, look at the other 329 pages of the document, you see an industry that is for all intensive purposes violently competitive. there's prices going down, innovation is up. if this were not a competitive industry, why would there be 21 billion this capital expenditures in 2009 and 25 billion in 2010? you know, why would you see prices continue to go down? matt talks about new entry. during the time period it went from small regional providers to pretty significant, you know, larger providers working to try to get a national footprint during the same time period, clear you know

. >> host: chris guttman-mccabe, if you would respond to michael copps' statement regarding this report, i cannot ignore some of the darkening clouds over this competition -- >> guest: so i think if you look at, you know, with all due respect to commissioner copps, i think if you focus on one specific area, is the hhi as measured by the fcc getting higher, i think the answer's, yes, and you can't deny that. and yet i think if you look at the other 329 pages of the document, you see an industry that is, for all intents and purposes, violently competitive. you see, again, as i've said, prices going down, you see innovation up. if this, if this were not a competitive industry, um, why would there be 21 billion in capital expenditures in '09 and 25 billion in 2010? you know, why would you see prices continue to go down? matt talks about sort of new entry. leaping metro during this time period when it was measured went from strong providers to pretty significant, you know, larger providers who are working to try to get a national footprint. during the same time period, clearwire jumped into