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Some suggest that it's called 3G for the number of guys using it. -Ewan Sutherland, INTUG* chair Financial Times World Telecommunications Conference, December 2002 Once the dust settles over war with Iraq, the EU's internecine squabbling may prove little more divisive than its fractious telecoms policies. Even now, with most of Europe's largest mobile operators liberally rewriting their valuations, individual governments are bailing out former state monopolies-beginning last year with a €9b tranche to France Telecom1-and further distorting the markets.2 Convinced in 1999 of 3G's ability to leapfrog America's success with e-commerce-without the unpleasantries of unbundling broadband3-the Europeans "would become AT&T, AOL and Yahoo! rolled into one-and they'd ride in millions of pockets and purses all day long. ... Vodafone's Chris Gent started it. Deutsche Telekom's Ron Sommer followed, with France Telecom's Michel Bon right behind. The goal was to win a place in Europe's mobile Internet, and the strategy appeared disarmingly simple: Spend,...

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