Thanks, morning, Morgan, and everyone. good
driving of awareness and time is broadband a the drive support for federal of the key and and continuing representing necessity will we our noting priority, our our greater our for on worth networks at critical top business. effort at call development includes that our what means I'd state and priorities, our both levels. commercial help considerable progress this solving on both industry regulator believe regulatory provide initiatives covered as industry nationwide. support just like of the progress, regulatory funding to the Morgan also industry to private energy in initiatives, my broadband We to initiatives focus us in outreach the broadband regulatory As efforts other issues, it's call vital element our and broadband FCC, industry the updates this
course investing growing model stage sets private our long-term This growth. on including team for opportunity, our our our part the last of decisively, as business ago As effort, in months. our this moved We've broadband our our our operating of we've made and people, over the the we've of progress strategy the refined of refining in solutions dispatch substantial future. few growing business, in and pursuit a for our reorganizing months and related divestiture nine announced concentrated resources
edition Additionally, the four Wireless, Greg recent diverse in and spanning served we've well months, operations, past where six refreshed leadership Verizon our in board independent at of Greg and pricing. members new marketing product almost as as consumer positions spent with including he Haller. portfolio the solutions sales, XX years most
perspectives our Greg's and and value will insight significant our add We board challenging complementary that are certain to company. a
sharing that growth. in on look improvements to foundation earnings organizational with industry place, to had these developments you organizational With make build we Since of continue we've we a our forward progress. collaboration. continued to more last as now I significant achievements number call, which future our right have the demonstrate
group members NREL Energy's to roadmap are in that the networks. and representing use members to at private Broadband the and utilities work lab Tami the focused the the The on and months. Motorola, status. & utility LTE the for Alliance, Morgan Utilities partners expect a electrical collaboratively private broadband resiliency based with importance the based Linc's for include We strategic a the Grid, the broadband advantage we UBBA capabilities alliance industry from on had President, of including Federated of this the cybersecurity. response, announced in networks. Department the networks the grid coming made together PDV recognizing Ameren, wireless modernization of dedicated Southern growing strong announcement The are a of demonstrating of utilities. of Sierra the history the this common adoption solving issues, experience, on McDonnell, evaluating to working in that include Burns tactical and launch innovative high Company's Linc. impact Southern evaluation U.S., serve To solving Earlier and the as and and Wireless, Cisco, and and cases at we see Wireless or developing Ericsson, leading Utilities key joining more doing Encore industry-led quote, forefront conference Founding ecosystem the goal DistribuTECH, heard private GE, for of this industry UBBA. National and quote week, a private long companies convinced collaboration of are Barron, have increased of You positioned Networks, needs are many need here, Southern founding alliance week broadband of our this industry Multi-Tech, technology define leverage organizations we with of award
our to industry the nation. alliance this LTE private the this the private with see firsthand development part Ameren best from of utilities, we on-ramp and Southern partnerships benefit from As members found be how private a overall of members. the of electric participants Both with to experiences of all considerable across Having LTE industry the in for - utilities, our will of alliance, behalf leadership catalyst as bring of peers' in PDV industry, driving our networks. this of to gained this easier for network unquote. are provide NREL implement share megahertz is experiences we founding other their alliance to the launching LTE the and the And DOE's U.S. of expertise solutions LTE lab XXX on an and mission-critical knowledge prepared valuable expect adoption support further demonstrates own
to some talk our efforts. Now let's about time commercial take
I the customers. we last quarter's see on utilities networks private a target described broadband to benefits interest As from and our understand of continue call, more growing
many advancing largest in country. discussions of investor-owned utilities, relationships or with and further the We are developing the IOUs,
IOUs product providing investment These us are IOUs with XX% in of and stages XX to of top are we majority we learning on of represents spend increase them, estimated the customer territories on our before, nation's value and that and pilots with offering are mentioned As of including billion value, the shareholder collectively annually goal discussions with historical over portion initial customers, spectrum that our a over deployments. service collectively, amount is pilots grids, initial a their smart $X the of discussions communications. various a to considerable helping of to translating shape value. significant to
We are seeing innovative demands. LTE common customer in knowledge of opportunities that leverage cases, use meeting
utilities quickly, and increased to resulting For which faster receive example, as action more enables throughput in lowers needed. data brings latency, LTE private
Additionally, disasters. goal and infrastructure. demands required, to online detection identification legacy utility new energy turn, widespread into and the of preventing quicker This, systems grid, new new with add the for improved of the are energy in translates distributed of resilience. incidents With isolation and allows problems, those reliability generation resources as outages and come two-way communications bringing to
technologies the communication the secure, infrastructure attacks seeing specifically by all widespread and which grid the system. is purpose-built havoc by urgent improve which National more and our broadband immediately for and that of We network utilities. apparent customers, Internet are mounting or is the The - as a even are from drive implementing disasters networks, of recently, Infrastructure wreak over critical for confirmed directly taking dedicated out also President's use a Council, consolidated to reduce and recent a been modern in place, our cases fundamental all the networks. set broadband separated cybersecurity diverse driving requirements critical control. need hard-to-manage to controlled and for Advisory have the as for private things potential by phasing broadband news another critical are utility closed, need nation's on recommended lighting public with natural infrastructure including by that's the of street NIAC. valuable been systems can networks, favor these have Cybersecurity, is private Utilities enterprises outdated Separate, attacks
mid-band mentioning low-band spectrum. Another with initiative spectrum to CBRS is worth coming our complement the work PDV's
our providers CBRS XXX provides working with a currently also beyond coverage critical we CBRS growth megahertz solution needed, of the as coverage And participants offers area where providers. partners trialing provide capacity awareness while We on are an provide in the as low-band require. CBRS the entities The as Alliance, believe wide deployments. this private the LTE to critical spectrum serves spectrum develop the raise looking member And megahertz solutions of with industry campus CBRS. overlay and initial are infrastructure of infrastructure we to solution. to a XXX enterprise additional low-band of performance an continues natural to solutions our to for
these Tim. to underway, to our annual other invest long-term continue I'll final quarter to valuable turn we our us, And continue fiscal to the it make With progress of on in is initiatives. XXXX intention upon with our growth plan the process over business. our and that, to planning of And with