$1.5B to $2B could be perceived as a bargain relative to VZ's $3.1B purchase. It's all a play on words. But you have to find it interesting that Fibertower was a key focus of theirs. And what to make of "Respectable Manner"? Interesting way to describe how you are proceeding.
Craig Eder Moffett
I know with a huge transaction like Time Warner on your plate, it's hard to as a CFO to even imagine what comes next. But we already hear people talking about, well, what about the synergies that could come from the satellite business with DISH Network or more content? Or is there a sort of – how do you think about the different options that come after Time Warner?
John Stephens
So the first thing is probably paying down some debt. That's the first thing. That's the thing that comes first. And we have a great tremendous cash-generation machine, where we can buy these assets. So let me get that, first that will be our focus. But if you look at things like what comes next? Well, quite frankly, we need to get through the FiberTower and work through it in a very respectable manner the FCC to get approval for that, then we will move to that auction that is going to be coming up probably, here hopefully by the end of 2018, but certainly, really