Mirko Bibic: Thanks, Drew. I’ll go first. All right. I don’t know — I don’t really — I don’t have much insight into when the TPIA or fiber access wholesale decision is coming out, Drew. But there’s a sense that it’s sooner rather than later, but I don’t really know what the timing is. But more fundamentally in terms of implications. I’ve been doing this a long time now. And I’ve always said because I fundamentally believe that three fundamental points are all related. Number one is regulatory uncertainty has impacts on investment. Two, regulatory decisions, which create this incentives to investment will obviously lead to a reduction in investment. And conversely, regulatory decisions that promote investment are going to lead to increases in investment.
Certainly, that’s how we behave. That’s how I operate as CEO and how we’re going to manage this company. I mentioned right at the top of my opening remarks, we got a head start in the first six months of this year on our fiber build, and we’re well on track to hitting the targets we had established for ourselves for 2023. And we well knew within Q2 that we would not have a problem hitting our targets. And that’s why when Glenn last spoke to this group, he indicated in the face of a number of questions that we were going to hit our free cash flow guidance for the year, because we knew that we had our head start and we knew what the CapEx profiling was going to be for the back half of the year. In fact, we had some wiggle room there given that we had such a head start, we could have kept going and actually built more than what was in our target plan for 2023, but we decided not to because of the regulatory uncertainty that’s out there.
And so I mean, if the decision isn’t favorable from a fiber perspective or from a wholesale access perspective, you’re going to see us slow down the build as early as next year. It’s as simple as that. And that would be unfortunate because when we enter a community with fiber, we actually increased competition because we all know that DSL isn’t competitive with cable DOCSIS. Conversely, we all know that cable DOCSIS actually isn’t competitive with fiber. So where we enter with fiber, we increase competition against the cable company. And then the cable company knows that in time, it needs to upgrade its networks, build fiber of its own, which actually further increases competition. And you see the results where we enter, the customer gets better service, better value, lower prices.
And that’s what we’re — that’s what’s being put at stake here with the conversation that we’re generally having in the regulatory proceedings around TPIA access. Hope that answers the question.
Curtis Millen: Great. And Drew, thanks for your other question. I’d say my focus is pretty straightforward. It’s how do we continue to drive free cash flow so that we can keep growing our dividend and funding our dividend. And then the second focus I’d say is we’re on a path year of digital transformation and evolution, as Mirko said into a techco. I think that has pretty significant ramifications for our company, our free cash flow potential as well as our customers and the services that we can provide. So as we get more efficient and flexible, it allows us to meet our customers in a digital world and drive free cash flow growth for our shareholders. So I think if I had to call out two focus areas, there would be those two.
Thane Fotopoulos: Great. Thank you. And next question, please.
Operator: Thank you. The next question is from Maher Yaghi from Scotiabank. Please go ahead.
