Standards play a strategic role in fostering innovation and competitive markets. Business, governments, and academia use International Telecommunication Union (ITU) developed standards to bring products and services to market rapidly, build order in the marketplace, generate trust, and enhance safety. Manufacturers, network operators, and consumers benefit in terms of lower prices and increased availability by reducing technical barriers and promoting compatibility between systems. ITU is justly proud to be the world's leading developer of standards for information and communication technologies (ICTs). It is the oldest activity of the Union, dating back to its establishment in 1865. ITU provides its members with excellent state-of-the-art technical support and meeting facilities that can cater to groups from 50 to 2000.