be competitive and impactful in the space with a balance sheet and financial discipline that michael brungs to the table -- brings to the table and the optional compleans that a neil schmidt and a steve burke at nbc universal bring to the table. >> host: in the few minutes we have remaining, i want to ask you about other issues comcast is working on right now, peering agreements. is that the wave of the future? >> guest: well, i don't know if it's the wave of the future, but it's the wave of the past. peer agreements and interconnection agreements have been in existence since the birth of the internet. it is how the internet was built, it is how the internet functions. comcast currently there are 40 traffic provider, content delivery networks that are out in the marketplace very aggressively competing to sell access to the comcast network. we have over 8,000 internet edge providers who access our internet through a variety of interconnection and peering agreements mostly derivative through those 40 effectively wholesalers of access to our internet. so internet interconnection and peering ag