Most European countries now have too many 3G operators for all of them to be profitable: Denmark, for example, has four players and 3.8m mobile users, while Switzerland has four licence-holders for its 5.3m users.
Norway already requires that financial services firms record calls and Spain is apt to be next in Europe, while Switzerland and Singapore are looking at introducing mobile recording regulation.
Instead he started his next company devoted to bringing down roaming tariffs for mobile-phone users in Switzerland, where the labour laws are less of a deterrent.