The document summarizes key discussions and trends from a Telco summit held in Berlin with representatives from 20 markets on 3 continents. The summit concluded that telecommunications is no longer just about communication, but enhancing people's lives. One of the major trends discussed was the impact of the iPhone in accelerating the adoption of 3G networks and mobile applications by consumers and brands. Other trends examined included the growth of mobile social networking, user-generated content and mobile payment and commerce services.