All too often, it is assumed that improvements in ICT connectivity rates will automatically translate into improvements in development. In fact, as ITU has long been highlighting, this can only be the case where an enabling environment with flexible and adaptive ICT regulatory frameworks are in place, to capitalize on the benefits of the digital revolution. Indeed, ITU organizes the annual Global Symposium for Regulators (GSR) to debate new and emerging ICT regulatory issues in ICT. Real-world drivers and constraints cannot be neglected at the expense of the virtual world – we need concerted efforts to harness the power of ICTs and the online world to enrich people’s lives.