Service providers in telecom are emerging as large giants and have enhanced country’s wireless penetration to reach 29% in November 2006 with the total cellular subscribers at 46 million. Moreover, the intense competition has also reduced call costs, increased outreach and offered increased services to the customers.
Yes, there is, and that’s why we are starting that reflection now. But as the President said yesterday, that has to be a monetary policy discussion. We are not going to have an LTRO or a TLTRO for the sake of banks meeting the net stable funding ratio. That’s not the business line we are in; that’s for banks to prepare for themselves.