“Our CapEx for the year is going to mirror what we did last year. So you should expect you're going to see something in the fourth quarter that delivers a number that reflects something very similar in the neighborhood of what we did last year.”

In context

“ig piece parts. John Hodulik: Got it. Thanks for the color, guys. Operator: Our next question will come from the line of Phil Cusick of JPMorgan. Please go ahead. Phil Cusick: Maybe under the category of pushing my luck, on CapEx, it's been trending down through the year. The last few years you've actually had lower CapEx in the fourth quarter and vendor comments are that things are going to slow more. Should we be looking for a big bounce in the fourth quarter for some reason to get to $24 billion or maybe that is a little high at this point? John Stankey: Yeah, Phil, I'd be disappointed if you didn't try to push your luck, but I think we gave you guidance that said our CapEx for the year was going to mirror kind of what we did last year and I still think that's going to be our guidance. Our CapEx for the year is going to mirror what we did last year. So you should expect you're going to see something in the fourth quarter that delivers a number that reflects something very similar in the neighborhood of what we did last year. I've been telling you, I think, for several quarters that our goal is to get to a little bit more ratable construct around how we operate the business. We've been working hard to do that, meaning we smoothed some things out. We're not quite where we need to be in that regard yet, but we're getting better. So I think you need to be careful leaning extensively on seasonality because if we're doing our job right and we're doing all the right things and managing our working capital and those kinds of things, which I think we're getting progressively better at based on the comments that we gave you earlier, you may see seasonality start to adjust a little bit. Phil Cusick: If I can, one more. On the fiber side, how are you finding the business doing in terms of shaking customers out of cable g”