“With regards to '24, we're not anticipating to be a significant cash taxpayer, so it wouldn't impact the guide for 2024.”

In context

“position our brands as the place that those people land. So there's a risk profile around it for T-Mobile, but I think much smaller than with other players, and it's fully embedded in the guidance. That's that, I'll let Peter pick up there as well as talk about the bonus depreciation. Peter Osvaldik: Yes. And just housekeeping wise, again, we don't participate in ACP on the postpaid side. We have a little immaterial amount through Metro and the rest, Assurance isn't reported in our subscriber counts and of course, wholesale customers are not either. So that's it with respect to ACP. And on bonus depreciation, look, we're continuing to monitor the developments. And of course, we're very supportive of a tax regime that stimulates investment into the network into US leadership on this front. With regards to '24, we're not anticipating to be a significant cash taxpayer, so it wouldn't impact the guide for 2024. And we'll see where it goes. And of course, as it develops, we could update you later in the year for outer years. Jonathan Chaplin: Awesome. Thanks, guys. Operator: The next question is from John Hodulik with UBS. Please go ahead. Mike Sievert: Hi, John. John Hodulik: Hey, thanks, guys. Hey, good afternoon. Hey, if we could talk a little bit about competition, that would be great, I guess, from, we can take it from both sides. First, from a gross adds standpoint, you guys saw some acceleration in phone gross adds. Quarter-to-quarter. So just what you're seeing in terms of sort of competitive offers in the market in the fourth quarter and maybe into the first quarter. And then on the other side, churn ticked up for after the first time in a while, I think. So what's potentially driving th”