“everything that we have articulated to you where we would guide in on service revenue growth, what we think the operating margins are going to be within the business, our EBITDA performance is all still very much in check relative to what we see going on there.”

In context

“tive overbuilds, or would they be a supplement to competitive overbuilds? John Stankey: So what I would tell you, Craig, is I've made some comments in my opening remarks that we had a pre-order rate in this cycle that was probably the best we've seen in a long period of time. And whether or not that's unique to AT&T or unique to the industry, I don't know. I have not heard others report at this juncture. I don't know what their guidance is going to be, but I will tell you that our upgrade rate was a bit higher than what we have seen in the last several quarters, but it wasn't what I would call out of pattern where it's going to be anything that is inconsistent with the guidance we've given you on our margins for the year and inconsistent with what we expect for the business performing. So everything that we have articulated to you where we would guide in on service revenue growth, what we think the operating margins are going to be within the business, our EBITDA performance is all still very much in check relative to what we see going on there. What I would say on BEAD is, I think it will depend. I think in some cases there could be some instances where there's a substitute in a state, but I think in some cases there could be some incremental. And a lot of it will depend on the nature of the particular build geographically where it's located and what our relative contribution is in it. And so I hate to give you such a soft answer, but the good news is it doesn't change anything we've guided you toward in ‘24. It doesn't change anything we're building now for ‘24. It doesn't change what we've committed to you for in ‘25 in terms of our commitment for the total number of fiber homes passed. If we find some incremental opportunities to go after, and if we win some, we won't know that until next year. We'll, of course, make some cha”