Alfonso de Angoitia : Carlos, as to your last question, we’re not considering that at this time. And as to your first question, so we have unique users of our households into 6,252,000 unique users or households after the cleanup. And in terms of household penetration, the more — just, let’s say, legacy, if you want customers, our penetration is close to 40% and that represents around — we’re talking about almost 80% of our subscriber base. With very high penetration. And then with the low in the lower cities, it’s between just 10 and 20, 15, 20, that’s the penetration we have in the newer cities.
Operator: The next question comes from Marcelo Santos with JPMorgan. Please go ahead.
Marcelo Santos: Hi, good morning. Thanks for taking my question. I have two questions for Lin [ph]. First, if you could comment on the competitive environment. If you have seen a deterioration in the regions that either your legacy regions or in the new regions that you have entered. And the second is, when you look at your network structure — network infrastructure, do you see any need to upgrade parts of its cable to fiber? Or are you fully happy with what you have now? Thank you.
Alfonso de Angoitia : So, in terms of market competition, what we have seen in the market is a very enterprise wise, very stable, Michael. We compete on promotions which is basically what everybody does everywhere in the world in this business. So, there is no price deterioration. There’s a lot of promotions, but we have seen prices very stable over the last several quarters. In terms of the network, we have a network that can deliver up to 1 gigabit per second in terms of Internet speeds. And 200-plus video channels. And that’s more the need for the kind of clients we have. Very tight deployment of fiber that we have already done in the past and that we’ll keep on doing in the future for more affluent residential areas will always be on our to do list and on our CapEx. So that’s how we see this evolving.
Operator: The next one comes from Eduardo Ruby with UBS. Please go ahead.
Unidentified Analyst : Thank you for taking my question. Can you provide some color on the tax impact we saw discard and we should account for further tax costs on next period? And thankfully, could you give more color on how we should see CapEx and leverage going forward, please?
Unidentified Company Representative: Can you repeat the first question again was about taxes?
Francisco Valim: So, as you saw in our press release, the income tax line increased to $975 million in the third quarter. That’s basically due to a noncash, nonrecurring expense of approximately $988 million and this expense was due to the reduction of a historic income tax deferred asset that we had on our books. So, as I mentioned, it’s noncash and nonrecurring.
Unidentified Company Representative : And the other question was, The CapEx we think it will go from the 26% of revenue that is running today to close to 20%. So, as we mentioned, it’s all about CapEx optimization and generation of free cash flow.
Operator: This concludes our question-and-answer session. I would now like to hand the call back to Alfonso de Angoitia for closing remarks.
Alfonso de Angoitia : Thank you very much. Well, great. Thank you for participating in our call. Please give us a call if you have any additional questions or comments. Have a great weekend.
Operator: The conference has now concluded. Thank you for attending today’s question. You may now disconnect your lines.
