Christopher Guttman-McCabe: Yes. Yes. Great question. I’m going to hit it at the macro, then go into the micro really quickly. At the macro level, everything that we see, whether it is the State of the Union from President Biden, whether it’s the work we did to get language into the legislation, which was in there and then came out in the form of the Department of Energy RFPs and NTIA broadband RFPs all of that macro messaging about the importance of communications to a modern grid. We like to say a modern grid needs modern communication. So all of that macro messaging from policymakers. And I spent the entire day yesterday at and there are discussions happening there. So at the state regulatory level. So all of that macro messaging is fantastic.
At the micro level, we did. I think it’s fair to say we did participate in the production and submission of a number of concept papers with regard to the IIJA, BIL, GRIP funding opportunities. And so we were part of it. And as we have more information — when we have more information to share, we’ll put that out there, but we’re seeing it at the individual utility and utility organization level interest in private LTE as part of the concept papers for these different programs. So I’m happy, I know we are happy collectively that it’s progressed the way that it’s had from macro messaging to micro opportunities and we’re excited to see where it goes from here. Remember, a bunch of these programs are 5-year programs. So what we see come out of DOE over the next 6 to 12 months in terms of full answers can be replicated or enhanced over the next several years.
Walter Piecyk: So these organizations have those resources to recognize that? Or is that you and your team kind of basically going to these people and educate them and saying, look, you’ve got this money that’s there that can be part of this project to help you move forward? Or is it like door #3, where they’re like it’s part of working into our cost basis, so that would complicate things. So let’s stay away from that rather than involve that stuff and just work it into the cost basis which they’re able to do.
Christopher Guttman-McCabe: Yes. No, it’s — again, a great question. So it’s a little bit of all of the above. So I’ll take the first half of the question. We do with a great team internally. They proactively have conversations with both individual utilities and some of the utility focused organizations. We’ve integrated some third parties and so some consulting firms and some others who can help them put together products and these concept papers and submissions. And then what we like to say is we sort of set the table with our work on the legislation. Some utilities participate and sit down and enjoy that opportunity and others choose the path that you just said that dollar from the federal government offsets a potential dollar that can be capitalized and they can earn a return on. So it’s sort of a combination of all of the above.
Operator: Thank you. That concludes our Q&A session. I will now hand the conference back to Rob Schwartz for closing remarks. Please go ahead.
Robert Schwartz: Thanks, operator, and thank you everybody for the patience on the call today with our difficulties. Just summarizing, we couldn’t be any more excited both about the opportunity and the pipeline and really being able to share this new measurement of what I think of as utilities demonstrated intent but also the sign of our confidence in a much more statistical way. And we’re happy to take any follow-on questions and looking forward to the conversations in the weeks as follows. So thanks again. Have a good day.
Operator: Thank you, everyone. This concludes today’s event. You may disconnect at this time, and have a wonderful day. Thank you for your participation.
