Sebastiano Petti
JPMorgan Chase & Co, Research Division

Good morning, everyone. I'm Sebastiano Petti, and I cover the telecom cable satellite space for JPMorgan. I want to welcome Dan Schulman, CEO of Verizon. Dan, thanks for joining us.

Daniel Schulman
Director & CEO

Thank you for having me, Sebastiano.

Sebastiano Petti
JPMorgan Chase & Co, Research Division

Of course. And I think you have a safe harbor to review?

Daniel Schulman
Director & CEO

Yes. So I would refer everybody to our safe harbor on our website. I'll be talking about things in the future. And so they're always subject to risk and uncertainty.

Sebastiano Petti
JPMorgan Chase & Co, Research Division

Great. Now with that out of the way. So Dan, you're now seven months into your role as Verizon's CEO. And in that time, you've driven some meaningful change across the organization, but perhaps the most notable milestone so far has been returning Verizon to postpaid phone subscriber growth in the first quarter for the first time in 13 years. And so I guess where are we in the transformation story? What inning are we in? And looking ahead, what are the biggest near-term opportunities and priorities for you and your team?

Daniel Schulman
Director & CEO

Well, first of all, thanks for having me. I appreciate it, and thanks, everyone, for being here. I would say we're a bit further ahead than I expected in our transformation. It's a big company. It normally takes a lot of time to turn things around, but the company has responded quite quickly to the transformation efforts that we've had. So