The following transcript has been edited for length and readability. Listen to the entire discussion here on The Broadband Bunch. The Broadband Bunch is sponsored by ETI Software and VETRO FiberMap.
Joe Coldebella:
This episode of The Broadband Bunch is sponsored by ETI Software and VETRO FiberMap.
Hello and welcome to another episode of The Broadband Bunch. I’m your host, Joe Coldebella. The Capital Projects Fund, which is a part of the Treasury Department, was allocated $10 billion to support states, territories, freely associated states, and tribal governments in financing essential capital projects. The goal of these funds will be to address the various broadband challenges made worse by the pandemic, with a particular focus on rural America, Tribal communities, and low- and moderate-income areas. Joining me is Joey Wender, the director of the Capital Funds Project and a past guest on the show. Joey, welcome to The Broadband Bunch.
Joey Wender:
Always great to be with you.
Joe Coldebella:
Hey, it is great to have you back again. Before we dive into all the cool things that you’re doing, I would love if you could share with our audience just a little bit about yourself, in terms of your journey and how you found your way into the world of broadband.
Joey Wender:
Absolutely. Well, that’s a good question that we all should ask ourselves. But for me, I come from the Hill. I spent the last 10 years working for Senator, well, first as Congressman Ed Markey and then Senator Ed Markey’s senior policy advisor, managing his commerce portfolio with a particular emphasis on telecom and tech issues. And so about two years ago, after Joe Biden was inaugurated and Congress passed the American Rescue Plan, creating the Capital Projects Fund, this $10 billion fund to promote connectivity, I was given the honor to come over and serve as its director.
Joe Coldebella:
That’s awesome. So how long is the plan?
Joey Wender:
Well, first you have to understand the origin story of the Capital Projects Fund. And the origin story is quite literally the pandemic. The pandemic in many ways was the national teaching moment for all of us. Now, for probably most of the listeners to your podcast, they already knew that broadband was essential for connecting to the economy, talking to friends, accessing education, and for accessing healthcare.
But it was the pandemic that put it into such clear focus for all Americans. And so tucked in the American Rescue Plan, which is one of the COVID relief bills that Congress passed in the wake or in the midst, I should say, of the pandemic, was this $10 billion fund. And so what do the capital projects do, and how are we able to deploy this money so fast?
Well, in the statute itself, it set the allocations for each state, depending upon population, rural, and poverty areas. And so the lowest, it gets about a hundred million, and California being the biggest state, gets a little over 500 million. So every state already knew how much it had to work with. And so we opened up the application portal in early 2022 with a deadline of September of ’22.
And the amazing thing, Joe, is that we started approving state plans, I say, state broadband plans, which we’ll get to in a minute in detail. We started approving them before the application deadline arrived. We said, “Let’s move at a pace that is unlike most federal programs and approve these on a rolling basis.” So for instance, we approved Louisiana, Virginia, West Virginia, and New Hampshire in June of 2022, which meant that work could proceed as fast as possible.
Joe Coldebella:
Yeah, when we first spoke, I remember you telling us, “Hey, listen, we’ve got money warmed up, ready to rock and roll. We’re just waiting on the states,” which is definitely pretty remarkable in the sense that usually there’s a lag time. And one of the points that you made that was really interesting is the realization ultimately was that broadband is an essential utility that everyone needs to have, unfortunately because we’re becoming a more digital world.
Joey Wender:
Absolutely, and that’s why Congress made a down payment on closing the digital divide, on bringing affordable, reliable, high-speed internet to all Americans. That’s why they put the 10 billion in the Capital Projects Fund, which I think is serving as a tremendous success. And I would say the small or medium wave, which will be followed by BEAD, which will come later, right, which will finally close the digital divide and fill in all the gaps and holes that will exist once our investments are made.
Joe Coldebella:
That’s great. It’s like you guys are the opening act, an important part though. So one of the things that I want to ask you is, and I say this mockingly. So Joey, how much money are you giving away? And I say that jokingly because that’s not how it works. Could explain to our audience exactly how it works, because you’re not just Scrooge McDuck here just giving out money. There’s a process.
Joey Wender:
Absolutely. These are federal taxpayer dollars, and we take seriously the need for responsible stewardship of those taxpayer funds. And so here’s how it works. A state comes to us with a plan. We’re going to do a last mile extension, a line extension program. Or we’re going to do a large scale regional project, or whatever it might be. And as a footnote here, states are the drivers, right? They’re the ones ultimately responsible for deciding how to craft a program in their state that addresses the critical needs that exist for their constituents.
And so that’s one of the reasons why we’re able to deploy so quickly because it’s not a one-size-fits-all all project. It’s not a one-size-fits-all program. States are coming in with their own curtailed, specific plans for how they’re going to address these needs.
So the state comes to us and says, this is what we’re going to do. We’re going to do a line extension program for a hundred million dollars. Here are all the criteria we’re going to use to score. Here are the guidelines. We make sure that they conform, and they align with our rules, including 100 symmetrical, buildout speeds, and participation in the ACP, among others. Then once we green light a state, once we “approve” a state, approve their plan, a state is then green-lighted to go out and put out an RFP, and award the funds to ISPs.
And then those providers are able to start the construction and connect homes. So you’re about to ask me, “So then does that mean you just give away the money once you approve a state plan?” No, it’s a cost reimbursement model.
So a state seeks reimbursement from us, the federal government, to the extent to which they have to pay back providers for work done, for expenses incurred. These projects run on milestones. If you hired someone to build a deck on your house for 10 grand, would you give the guy 10 grand up front?
Joe Coldebella:
No.
Joey Wender:
I hope not.
Joe Coldebella:
Right. He might take that and go to The Bahamas.
Joey Wender:
Absolutely, and that’s how this works, right? You might pay the guy a few grand up front, and you’re going to pay him the remainder of his balance once the work is done. That’s how our program works. That’s how we’re going to ensure that the work is done, that the incentives are all aligned between provider, state, and federal government, for the work to be completed and for the connections to be live at people’s homes around the country.
Joe Coldebella:
That’s awesome because it’s super critical to have the proper checks and balances. After all, ultimately there’s a ton of money being outlaid here. And it would be a shame if the money doesn’t go to where it’s needed.
Joey Wender:
Absolutely. That’s why we have robust reporting regimes in place. States have to come to us every quarter, telling us what their outlays are, and what work has been completed. We have annual reports that are much more fulsome descriptions of what they’ve been able to accomplish. And I would say, besides the quarterly and annual reports, we require every state to send us every location that is going to be served. Every single location because we take our coordination between federal agencies very seriously, as Joe, you know, there are multiple federal agencies in the broadband business right now.
And so we will be collecting from every state, every location that’s going to be served. Every one of those locations is going to be put on that federally funded map, that’s maintained by the FCC so that all agencies can see it, all states can see it, and that way we are best coordinated amongst all of us.
Joe Coldebella:
I love that because as we’re leading up to the funds being released, mapping has been an issue. Mapping will always be evolving, and always be changing. But it’s awesome that you guys are ticking off that box and getting folks to understand that this area is served and that way, hopefully, eventually there will be overbuilding. But ultimately the first goal is to bring connectivity to everyone.
Joey Wender:
Absolutely, and look, we voluntarily entered into a memorandum of understanding, an MOU, a couple of years ago when this project began, and we wanted to ensure that there was a common set of reporting requirements. Right, to make sure that what we were collecting from providers was apples to apples, not apples to oranges, right? Whatever we collected could work and could be put on the FCC map, could be used by NTIA, it could be used by the Department of Agriculture. So we have spent painstaking hours going really line by line of databases to ensure that every data element that we’re collecting can easily be put on that map for the world to see.
Joe Coldebella:
That’s awesome. When we spoke a few years ago, we talked about a hundred symmetrical and the importance of it. The Broadband Bunch tries to be agnostic in terms of the delivery method, but one of the reasons why, when we talked in terms of getting fiber as sort of the primary, or at least a hundred symmetrical, was because you want this to last 30 years. We’d love it if you could just talk about that, in terms of why you made a conscious effort to say, “Hey, listen, let’s at least, for now because the technology is available, let’s make sure that it’s all fiber.”
Joey Wender:
It goes back to what I said earlier, these are taxpayer dollars, and we need to make the best investments possible, that last not just years, but decades to come. And we think that investing in fiber, requiring such a high-speed standard or a high-speed requirement will result in these connections lasting not just for years, but for decades to come.
Joe Coldebella:
Awesome, Joey. So I would love it if we break down, in terms of the $10 million that you’ve allocated. You said that 52 of the states each get about a hundred million dollars if I’m correct there. As well as the District of Columbia and Puerto Rico, do they both get a hundred million dollars as well?
Joey Wender:
No. So the low end is a hundred million dollars.
Joe Coldebella:
The low end, okay.
Joey Wender:
The low end is a hundred million dollars. So places like North Dakota or D.C. or Puerto Rico, right, they’re getting on the lower end, right, small population numbers. And on the highest end is California, Texas, Florida, and everywhere else is somewhere in the middle between that a hundred million mark and just over $500 million.
Joe Coldebella:
Okay, so a state like I’m in Connecticut right now, so it’s not get as much money as say a state like Arizona just because our buildout is a lot better because of density population, as well as it being a smaller state. And for the larger states, they need to have a little more money because, obviously in Arizona you’ve got Phoenix, Tucson, and Flagstaff as the three major areas. But in between there’s a massive digital divide. Is that sort of the thinking behind that?
Joey Wender:
Yeah, again, it wasn’t our decision. Congress set the allocation in statute. And the allocation was by population. And it was sub weighted based upon how much of your state’s population is in a rural area or how much of your population is at a certain percentage of the poverty law. So that’s how these numbers were created. And so that was really Congress’s decision. However, I do think that in many ways is proportionate to the needs that exist in states. Indeed, Connecticut, I’m just looking here, they got $141 million. Arizona got about $200 million. So obviously it reflects some of the different needs that exist between states.
Joe Coldebella:
Awesome, and then if we could, I’d love to talk a little bit about the eligibility in terms of the projects. Is it strictly builds? Or can folks use them for the need? As an example, Puerto Rico, it’s a small place, but I think that it needs some help in terms of the middle mile. Could you unpack that for us?
Joey Wender:
Absolutely. Great question. So the threshold requirement is they have to be capital assets, right? The money can’t be spent on OpEx. This is for CapEx. Now, each state, as I’ve said before, has a lot of flexibility about how they use the money. Puerto Rico is a great example. They’re spending their money on underwater sea cables. That is, by definition, middle mile infrastructure, and we’re really excited about that project.
The island, as I’m sure you know, as all your listeners know, is extremely susceptible to hurricanes and other weather events. And you can’t have single points of failure on the island. And so there’s going to be a new ring of underwater sea cables that are connecting to the island in multiple places, one. But also, two, it’s not just about reliability, the underwater sea cable is going to ensure that there are faster speeds and connections for everybody on the island. So we are really excited about that project and I know it’s something that they’ve wanted to do for decades.
Joe Coldebella:
That’s awesome because it’s one of those things that I think, just as someone who’s observing the process, is that especially with BEAD, and hopefully it’s going to get remedied and tweaked, that the middle mile was overlooked. But it’s also so critical because, if you don’t have a strong foundation, ultimately when you try to go to the premises, if you don’t have the behind-the-scenes infrastructure, it could cause some problems. So I really appreciate that you guys are looking at it from a holistic point of view. That’s awesome.
Joey Wender:
Thank you. And look, another example is you’ve got New York, Maryland, and others, that’re spending money on MDUs, on multi-dwelling units. They’ve identified a problem that exists in more urban and in more densely populated areas, where you have structures, where you have apartment buildings, that just lack adequate speeds. They lack affordable, reliable, high-speed internet. So for instance, New York is putting a hundred million dollars into wiring buildings to ensure there is a hundred symmetrical for all of those residents.
Joe Coldebella:
That’s great because ultimately you’re sending the funds to where they’re needed. Obviously in New York City, there are places where fiber isn’t a problem. But there are also places in New York City, the Bronx, Queens, that really need that. And those are MDUs. I absolutely love this.
Joey Wender:
Thank you, and look, it’s humbling to be able to have to admit publicly that D.C. does not know best, right? That’s partly how Congress intended our program to be structured, but it is true. It is better for states to make these decisions than for someone, I think, here in D.C. to make those decisions. It will lead to better outcomes across the nation.
Joe Coldebella:
Awesome. So we talked about New York and Maryland. You just awarded $150 million to the state of Colorado. Can we break that down? I think that it’s a great illustration. So in terms of the allotment, it says that you’re bringing to 17,000 locations. What exactly does that mean?
Joey Wender:
Right, so it means that Colorado was identified, those 17,000 locations, as lacking, affordable, reliable, high-speed internet. What does that mean? That means any location that does not currently have a hundred by 20. And so they’re identifying those areas, and then they run a competitive process. They put them out to bid. They say, “What providers want to come here?”
And look, our guidance makes it very clear. We don’t care if it’s an incumbent, a competitor, a muni, or an electric co-op. We want to have an all-of-the-above approach. Joe, you and I have talked about this before. In many ways, we’re addressing a market failure. Why are all these places lacking adequate high-speed internet today? It’s because the market wouldn’t support it. It’s because whatever players are in that state or in that area have decided we don’t want to go to those homes.
So what we’re doing here is subsidizing the CapEx, right? We are subsidizing the buildout expenses to bring the wire to those homes. And so we don’t want to limit this to only certain types of providers. The more competitive the process is, the more that providers bid, the lower the costs will come in. And with Colorado, and we see this throughout the country, those are just estimates. Colorado is just estimating, this is how many homes will be connected for X amount. But what we’re seeing already is that in some places, bids are coming in lower than expected and money is being stretched further because we are relying on the market to drive the best outcomes.
Joe Coldebella:
I love it, and you know what, as you’re rolling that out, you put the citizens first, which is so important, especially in the areas where there are these gaps. We need to bring high-speed internet to everybody. And it’s like, where is it needed first? And one of the things that I heard, I think it was Kevin Morgan a few years ago. He said, “Government is the flint that starts the fire.” And once you go there, then everyone says, “Okay, listen. Listen, we’re going to get some support, and that allows us to bridge the gap.”
Joey Wender:
That’s exactly what this is, right? We’re subsidizing the buildouts; we’re making the spark. We’re saying, “Here’s a little extra to go to these places.” Look, in the end, the provider is on the hook for operating and maintaining the network. But the hope, expectation, and the goal is that they’re going to build these great networks out. And people are going to subscribe; and people are going to enjoy it, see the value, and really be able to participate more fully in the 21st century economy.
Joe Coldebella:
Well, and I hope the idea also is when they build it; they will come. So you get this dream from these rural communities where folks don’t have the opportunity that they do in larger areas. And wouldn’t it be great if high-speed internet allows these communities that have been losing folks to bring folks back? Because living out in a rural area, the quality of life sometimes is better.
Joey Wender:
You can’t compete on equal terms with areas that have high-speed internet versus those that don’t. It’s not a fair fight, right? You have to some ways liken it to, would you purposely want to move to an area that didn’t have electricity, right? That didn’t have running water? Well, I think you have to put high-speed internet in the same bucket, in the same category. For so many it’s a prerequisite for running their businesses, learning at home, living, and communicating. That’s why it’s so essential, and that’s why it’s so exciting to be working at Treasury at such an historic moment, where the federal government in a coordinated holistic manner has said, “We’re going to close the digital divide once and for all, right now.”
Joe Coldebella:
It’s a great point. When we speak with folks, the communities that have high-speed connectivity, and the neighboring communities around them that don’t are jealous. And they’re screaming at their folks and saying, “Hey, listen, we need that high-speed internet as well.” So it is an awesome job you guys are doing. If we could pivot a little bit to the ACP, the Affordable Connectivity Program. Is that part of the requirement, in terms of all these allocations of money?
Joey Wender:
Yep, every provider that takes our money must participate in the ACP. The ACP is critical, right? Again, I keep talking about affordable, reliable, high-speed internet. Well, affordability is in some ways the biggest barrier to subscription for so many. It’s expensive. It’s another service. And for families that have limited means and tight paychecks, the affordability program that the FCC has is so important to get over that hump and be able to have service be provided to so many Americans. Right now over 20 million households have signed up.
And that’s why, from our perspective, and we’ve said it many times, and agree fully with the White House that’s called on additional funding for the ACP, we are in complete agreement with the White House that more funding is needed to replenish the ACP, to ensure that it continues for years to come.
Joe Coldebella:
Yeah, so I agree wholeheartedly. Right now, I believe it’s a grant and should become part of the budget permanently. Just in terms of folks getting a job. Everyone needs to apply online. Telehealth is no longer a nice thing to have; it’s now a must-have.
Joey Wender:
A hundred percent, a hundred percent. That’s why the ACP must continue. Now, I’m going to leave it to Congress and the FCC to figure out a long-term solution. But my message is this, we are facing a cliff next spring. And it will have a cascading effect on both consumers and providers if the ACP goes away. And so that’s why we’ve called on Congress many times to provide and replenish the fund.
Joe Coldebella:
Hopefully, they will act. Joey, let’s touch on the allocation for territory and freely associated states. I know that there are folks like America Samoa and Guam, and they’re getting $14 million. So obviously that’s not going to bring a hundred percent connectivity to those areas. So I would love it if you could unpack what that money’s going to be used for.
Joey Wender:
Sure. Great question. In part, some of these places will be using our funds for broadband. For instance, Micronesia is funding or helping to fund an underwater sea cable just like Puerto Rico is doing. These islands have really unique challenges, and I think it’s a testament to the flexibility of our program that they’re able to accomplish these projects they’ve wanted to do for so long. But in addition to broadband, one of the other presumptively eligible uses of our funds is for multipurpose community facilities. Think libraries, community health centers, and other anchor institutions, where people can get job training, access educational services, connect to a doctor, and learn to use the internet.
Joe, you and I, take it for granted. Right now, we have a high-speed internet connection at our homes. We plug in our half a dozen devices. We know what to do, how to use it, how to access our banks, access our work, take a class, or if you’ve got a sore throat to do a telemedicine appointment. And we take that for granted.
There are many who don’t know. They don’t know how to use the internet, whether they’re seniors, immigrants, low-income individuals, or whoever they are. And they need somewhere to go. Right, and so that’s why these community facilities, these community centers, think of a library, are the heart of many communities. And that’s why we are proud to be funding, not just the connections at these places, but literally building, renovating, or expanding them. These are the type of capital assets that will benefit places for decades to come.
Joe Coldebella:
I love that because I think you’re a hundred percent right. You and I learned the internet by hanging out with our friends either after school, in college, or what have you. And we learned as a group, in terms of just exchanging information. And I think that that step is missed now, especially in communities that either, for whatever reason, did not jump on that initial internet bandwagon.
So I can’t agree with you more that it’s super critical to have those community centers because ultimately that’s where you learn. It’s a young kid who maybe mentors someone who’s older, who’s never heard of YouTube. And then all of a sudden you introduce them to YouTube, and they check out a program that they saw when they were a kid. Then that allows them to dive into the internet, and then understand how powerful it is. And the opportunities that they have, like telehealth, getting a job, or even communicating with loved ones. If you’re in Micronesia and let’s say someone is living stateside, you’ve got an opportunity to rekindle that friendship or bond.
Joey Wender:
I couldn’t have said it better myself.
Joe Coldebella:
Awesome. There’s money allocated to Tribal areas as well. In terms of eligibility, do you have to be recognized by the U.S. Government? Or is any Tribe eligible?
Joey Wender:
Yeah, you have to be recognized, and that’s just about 600 Tribes. What’s exciting is that well over 500 Tribes submitted applications for our funding, which is a very, very high response rate when it comes to the Tribes. And we have approved over 400 of those applications. So we’re on track, in a similar way as we are with states and territories, on approving the Tribal applications. Now each tribe gets about $167,000.
So as you would say with Micronesia, or another territory, or a freely associated state, that’s not enough to build a broadband network. So what are we seeing those Tribes doing? And a large percentage of them, again, are renovating multipurpose community facilities. They’re renovating that tribal center or that library that exists in the middle of their town. They’re also buying devices, computers, tablets, and equipment for public Wi-Fi so that people can come there and enjoy the internet.
Again, these are the types of centers that really do enable work, education, and health monitoring. And we’re excited we’re making these lasting, critical investments in capital assets in Tribes and communities around the country.
Joe Coldebella:
And then ultimately, is it also a pilot fish because it will illuminate where things are needed. So if additional funds come from either the BEAD or from private equity, this is an opportunity to, I guess, put a spotlight on the community and see where those gaps are.
Joey Wender:
Absolutely. I haven’t said it yet on the podcast, but we estimate that we’re going to connect over 2 million households in addition to all of the anchors that we’re funding. Does that solve the digital divide? Does that close every corner of the country? Of course not, right? That’s why there’s BEAD, right? That’s why Congress made a down payment by putting 10 billion in the American Rescue Plan, but it followed it with a much larger infusion of taxpayer dollars for the various programs that are being run by the Department of Commerce.
But you should be thinking about these things, which I know you do, and I’m sure most of your listeners do. Be holistically thinking about these things. How do all of these programs with their own special rules and their own flexibilities go to solve this larger problem, as you’re describing?
Joe Coldebella:
Awesome. One thing that I wanted to touch on is the funding requirements. Some, I guess, allocations of funds require a letter of credit. And I believe, and please correct me if I’m wrong, your fund is a little bit different.
Joey Wender:
Right, we have no letter of credit requirement.
Joe Coldebella:
And does that make it a lot easier for the, I guess, not the little guy, but the smaller, not the incumbent, to have an opportunity to get funds?
Joey Wender:
Yeah, it connects with what I said earlier. We want an all-of-the-above approach. We want large providers, small providers, co-ops, munis, and everybody on the spectrum of providers, to be able to participate, bid, and win these awards. The best way to have the most efficient, the most cost-effective deployment, is to have the most number of providers fighting over these bids. It leads to the best results.
Joe Coldebella:
That’s awesome. I want to give a quick shout-out to our sponsors, ETI Software and VETRO FiberMap. Also, if you’re a listener of the show, please like and subscribe. It always helps with the algorithm. We are joined by Joey Wender, the director of the Capital Projects Fund. He is tasked with allocating $10 billion for the broadband projects across the U.S. Joey, obviously we’ve talked about a lot today, awesome stuff, but are there any potential challenges looming?
Joey Wender:
No, it’s all perfect. Don’t worry about it. No, look, Joe, it’s two sides of the coin. On the one side of the coin, Congress and now the Treasury Department are empowering states to make decisions for themselves, to be able to craft their own programs that address the critical needs that exist around the country. I think the end results will be a dramatic net gain in connectivity and places served.
However, it also means that we’re dealing with 50 different programs. People say, “God, what is it like to run a $10 billion program?” I say, “I don’t really run one program. I oversee 50 of them.” And so that means that every one of them is going to have their own challenges or their own issues. Now, overall, as I’ve said, the outcome is going to be terrific, but it means you have to deal with each state and whatever particular issues or challenges come up. I think that’s what makes it exciting. That’s what makes it challenging, but in the end, it will be rewarding for all.
Joe Coldebella:
That’s awesome. So that was going to be my next question, in terms of what’s got you excited. Is one of the things is that obviously you’re overseeing 50 programs or so, and the idea is that this program allows states to look at the other state’s paper? Wow, look to see what states are doing to solve the problem. So in that sense, we’ve also got 50 ways that people are trying to solve the problem. So that’s got to be super exciting.
Joey Wender:
It is. In fact, that’s one of the reasons why we started approving program plans, and state plans, before the deadline to even apply. We wanted to make sure there was a spotlight on states that were so organized, that we’re so ready, that we were going to say, “We’re approving these,” right? These are clearly ones that meet our guidelines, meet our rules, and that we believe will achieve buildout by the end of 2026. So states that have not applied or states obviously that have not been approved, please take notice.
Joe Coldebella:
Well, so that’s interesting as well. So when the project comes to an end, right, the money goes away. Is that correct?
Joey Wender:
Yeah, and all the money needs to be expended by the end of 2026. So look, the pressure is on. The pressure is on states, and the pressure is on providers to make these awards, begin construction and complete projects.
Joe Coldebella:
Yeah, that’s great. We talked on our prep call about the Parkinson’s law. However long you give in terms of the time, that’s when folks will do it. So by putting that hard deadline of 2026, hopefully it’s going to bring a lot of connectivity to a lot of folks around the country.
Joey Wender:
We can’t wait, right? And people without high-speed internet can’t wait. So we have to move as fast as possible. So I think having that three-year deadline, at this point, is pushing people to move fast, which is a very, very good thing.
Joe Coldebella:
Joey, this has been an absolutely awesome visit. I knew it would be. If folks want to learn more about your project, where can they go to learn more?
Joey Wender:
They go to our website. Just go to the Treasury Department and find the Capital Projects Fund.
Joe Coldebella:
Awesome. So what I definitely want to do is issue one more call. Hopefully, when this is all done, we can map out all the great things that you’ve done.
Joey Wender:
Anytime, Joe.
Joe Coldebella:
Awesome. Joey, I want to just thank you personally. I think that folks in the government sometimes don’t get the shout-out for how appreciative we are for all that you guys do. So just wanted to thank you personally. Awesome job.
Joey Wender:
I appreciate that. Thank you.
Joe Coldebella:
Awesome. Well, that’s going to wrap up this episode of The Broadband Bunch. Until next time, we’ll see you guys later.
