Question-and-Answer Session
Operator
(Operator Instructions)
And we do have a question from Mark Hughes of SunTrust. Please go ahead.
Mark Hughes - SunTrust
Thank you very much. A very good quarter.
Steven Nielsen
Thanks, Mark.
Mark Hughes - SunTrust
The question on AT&T. It seems like the merger announcements or speculation is heating up with satellite providers. What do you think that will do to your business with AT&T if that's consummated?
Steven Nielsen
Hi, Mark, we are speculating and our business is building the infrastructure. But I think from our perspective, not only is the infrastructure that we're building for AT&T, that's already provisioned video, but it's also to improve bandwidth for high-speed data services to consumers. And so, we think that they remain committed. Just last week, they announced that they were going to spend an extra $500 million on the Lightspeed Project. And so, we are watching the news, but we don't see any impact currently on our business.
Mark Hughes - SunTrust
Right. Now they are building up the network and should have their own video capability, I guess it would be some time before they got it widely distributed in their network. So what's the rationale or why would they continue to build out even if they've got -- I guess you're pointing out that it's high-speed data that's driving it?
Steven Nielsen
Yes, I think, Mark, it may be illustrative. Prior to the merger with AT&T, BellSouth had issued contracts to us and to others to improve the bandwidth in their network for high-speed data and was not publicly committed to doing anything with video over that network. So, we remained comforted that even if we go back to last position, there was a desire from AT&T to spend money on staying current with cable on bandwidth.
Mark Hughes - SunTrust
Exactly. And then with Comcast, it seems like you are describing a meaningful and continued upturn in bidding activity, there have been some concern that they seem to be easing back on CapEx or their redirect was once again returning to the idea that they would not have to spend as much money going forward. But it sounds like you are seeing good activity with them. Is that right?
Steven Nielsen
Yes, no. We were certainly seeing more cable construction and technical services opportunity, not only across Comcast, but amongst a number of other cable operators, Time Warner, Cox, Charter. So from our perspective, we watch what we see coming in for opportunities and understand that these are big companies with large capital budgets and they cover lots of things of which the services that we provide are only a part. So there maybe some rotation going on or other things, but we know what opportunities that we are seeing in the marketplace everyday.
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