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Features of the orginal document layout such as columns, tables, line and letter spacing, pagination, and margins will not be preserved in the text version. If you need the complete document, download the Word97, or Adobe Acrobat versions, if available. I am pleased to be here today to address some of the complex and important issues raised by foreign investment in the United States telecommunications market, with particular focus on concerns raised by entities with substantial foreign government ownership. At home and abroad, the United States has led a worldwide revolution to bring competition to the telecommunications sector. Domestically, this revolution has been made possible by Congress's foresight in enacting the Telecommunications Act of 1996, and the Commission's aggressive implementation of that Act.