Ann: T-Mobile worldwide connectivity agreement signed, page-22

I completely disagree - Bud is definitely seeking a telco partnership in the US - as well as Oz.

And this does need to be an exclusive.

Telcos bring the man in the van; the building contract; the sim... in return they get to deepen client relationship; get % of recurring monthly fee; be up to date with the latest offerings.

Think about your router at home. Do you believe each telco has to offer a different brand of router? Or not offer a router because Optus has one?