Gary Smith

But if you think about this and you think about it in the context of sort of some large markets that the US cloud players are trying to get into, you know, take places like India. Now, you know, when they enter the Indian market, they are dependent on connectivity from the local carriers. So, yep, they can tip up, you know, with the submarine cables and the landing stations and the rest of it.

But if you think about this and you think about it in the context of sort of some large markets that the US cloud players are trying to get into, you know, take places like India. Now, you know, when they enter the Indian market, they are dependent on connectivity from the local carriers. So, yep, they can tip up, you know, with the submarine cables and the landing stations and the rest of it.

But then it's, you know, how do I get connected to all the people I need to get connected to in India, enterprise and consumer? They are then dependent on the local carriers for that. be it Barti or Jio or Vodafone Idea or some of the wholesale carriers that are also there as well and Fiber.

But then it's, you know, how do I get connected to all the people I need to get connected to in India, enterprise and consumer? They are then dependent on the local carriers for that. be it Barti or Jio or Vodafone Idea or some of the wholesale carriers that are also there as well and Fiber.

But then it's, you know, how do I get connected to all the people I need to get connected to in India, enterprise and consumer? They are then dependent on the local carriers for that. be it Barti or Jio or Vodafone Idea or some of the wholesale carriers that are also there as well and Fiber.

There's always going to be an interrelationship because as omnipotent as all of these Cloud players are, they're not going to be able to connect to everybody's home across the planet. And so you've always got this interplay between service providers and the cloud players.

There's always going to be an interrelationship because as omnipotent as all of these Cloud players are, they're not going to be able to connect to everybody's home across the planet. And so you've always got this interplay between service providers and the cloud players.

There's always going to be an interrelationship because as omnipotent as all of these Cloud players are, they're not going to be able to connect to everybody's home across the planet. And so you've always got this interplay between service providers and the cloud players.

And, you know, what often happens there, Neelay, is that they will end up in some of these countries, the service provider will provide a specific network for the cloud player. And they call it managed optical fiber network. So MUFN is the acronym for it. And we help facilitate that. So it's our technology. So it matches all of their global network.

And, you know, what often happens there, Neelay, is that they will end up in some of these countries, the service provider will provide a specific network for the cloud player. And they call it managed optical fiber network. So MUFN is the acronym for it. And we help facilitate that. So it's our technology. So it matches all of their global network.

And, you know, what often happens there, Neelay, is that they will end up in some of these countries, the service provider will provide a specific network for the cloud player. And they call it managed optical fiber network. So MUFN is the acronym for it. And we help facilitate that. So it's our technology. So it matches all of their global network.

But it's owned and operated by, you know, the local service provider to support, you know, Meta or Google or Microsoft, et cetera. And so increasingly, you know, I'd sort of argue you're seeing that interdependency work. So it's sort of, you know, I wouldn't say counter-argument to this.

But it's owned and operated by, you know, the local service provider to support, you know, Meta or Google or Microsoft, et cetera. And so increasingly, you know, I'd sort of argue you're seeing that interdependency work. So it's sort of, you know, I wouldn't say counter-argument to this.

But it's owned and operated by, you know, the local service provider to support, you know, Meta or Google or Microsoft, et cetera. And so increasingly, you know, I'd sort of argue you're seeing that interdependency work. So it's sort of, you know, I wouldn't say counter-argument to this.

We're all splitting up because at the end of the day, to get to the consumers around the world, you've got to have, and that's not going to change. These service providers are not going away in that regard. They are the only ones that can provide that connectivity to it, ultimately, be enterprise or into the consumer.

We're all splitting up because at the end of the day, to get to the consumers around the world, you've got to have, and that's not going to change. These service providers are not going away in that regard. They are the only ones that can provide that connectivity to it, ultimately, be enterprise or into the consumer.

We're all splitting up because at the end of the day, to get to the consumers around the world, you've got to have, and that's not going to change. These service providers are not going away in that regard. They are the only ones that can provide that connectivity to it, ultimately, be enterprise or into the consumer.

You know, that's a great question. And having lived through, you know, the previous period of the telecom nuclear winter where we built out all this capacity and sort of, as it turned out, no one came, It did facilitate, you know, all these business models, you know, that wouldn't have accelerated, you know, without that glut of capacity, you know, as it were.

You know, that's a great question. And having lived through, you know, the previous period of the telecom nuclear winter where we built out all this capacity and sort of, as it turned out, no one came, It did facilitate, you know, all these business models, you know, that wouldn't have accelerated, you know, without that glut of capacity, you know, as it were.

You know, that's a great question. And having lived through, you know, the previous period of the telecom nuclear winter where we built out all this capacity and sort of, as it turned out, no one came, It did facilitate, you know, all these business models, you know, that wouldn't have accelerated, you know, without that glut of capacity, you know, as it were.