I was under the impression that in some of these countries there are legal limitations preventing sale of spectrum, and possibly even against a buyout. That would leave the company having to recover stock price on its own operating merits. Can you comment on this?
I also googled selling towers in Brazil and there was 1 instance a few months ago where 2000 Towers sold for $250 million. that would bring the average price per Tower down under 100,000 in a last resort sale compared to 250,000 per tower has a market valuation