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People do not live their lives in health sectors, or education sectors, or infrastructure sectors, arranged in tidy compartments.
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For generations, infrastructure sectors and firms have been artificially segregated into regulatory silos (telephone, electricity, water, sewer, cable, railroad, airline, air traffic control).
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There has never been such thing as a handset market downturn that is decoupled from wider consumer electronics component and telecom infrastructure sectors.
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