NextNav Inc. (NASDAQ:NN) Q4 2022 Earnings Call Transcript

Gary Parsons: Great. Thanks very much, and thanks, everybody for joining us on the call. I think as we’ve said for a long time there, we expect there to be indications of forward progress that are sometimes announcements, sometimes acquisitions, sometimes a new customer and sometimes just something that’s happening in the spectrum or telecom overall ecosystem that really encourages people to utilize our services or to look at them in a different perspective, and that’s what we think we’re now able to do with spectrum repurposing. I need to call it spectrum repurposing because we still intend to use our spectrum for resilient PNT, Public Safety, E911, all of the essential government services that the spectrum was originally licensed for.

But if in fact, we are able to do that while also providing valuable LTE 5G carriage, we think that, that’s a significant value enhancer for the company. And we think 2023 will be a watershed year for showing progress towards that very milestone objective. With that, thank you very much, and we look forward to speaking to you again on our first quarter call.

Operator: Thank you, Mr. Parsons. Again ladies and gentlemen, that does conclude NextNav’s fourth quarter 2022 earnings conference call. Again, I’d like to thank you all so much for joining us and wish you all a great remainder of your day. Goodbye.