This twelfth edition of Trends in Telecommunication Reform has focused on regulating the informationcommunication technology (ICT) sector in a broadband world. The nature and the reach of the ICT sector have fundamentally changed, and broadband holds the key to realizing the full benefits of the new applications, services, and business that exist in a digital society. “Smart” regulation is needed for the “smart” services and products that broadband facilitates.