“I'm not optimistic that there's customers that are paying monies on BEAD supported infrastructure builds that impact the 2024 financial plan. I think this is going to be a 2025 plus thing”

In context

“they're bellwether from the sense of that is they're getting ready to file and submit their applications. It's exposing a couple of the areas where clarification needs to occur in the process about how the regs are to be applied, how the bids are to be evaluated. That process of getting that clarification between the industry, broadly the state and the Federal government is underway and I think that's where the action is right now. That clarification will hopefully allow the states that are maybe second, third, fourth in the queue to be a little bit more precise in their applications, and I suspect that once some of these issues are resolved, there'll be a little less back and forth and a little bit more of the [rote] (ph), respond to the application and move forward. As I've said before, I'm not optimistic that there's customers that are paying monies on BEAD supported infrastructure builds that impact the 2024 financial plan. I think this is going to be a 2025 plus thing when you kind of look at the aggregate portions of the build, the private capital that comes in, and ultimately customers that come on the network and start buying services that might not have been buying services before. Simon Flannery: Great. Thanks a lot. Operator: Our next question will come from the line of John Hodulik of UBS. Please go ahead. John Hodulik: Great, thanks. Two, if I could. First, first on wireless. Churn was flat sequentially despite the typical seasonality and continues to come down annually. I mean, just, John, just, what are you seeing in the competitive market? Obviously, a lot of concern about what's happening from cable and through other MVNOs. So just trends that you're seeing there and maybe does that suggest that the strength that we typically see in 4Q subs”