Our first-quarter results show that we’re delivering on what we promised, starting with paying down debt through strong free cash flow. We’re on track to pay down about 75% of what we borrowed for Time Warner by year-end. Mobility, the largest contributor to revenues and profits, continues to grow and build momentum. Entertainment Group not only stabilized – but grew EBITDA – exceeding expectations. WarnerMedia had a strong start to the year, with solid revenue growth and double-digit operating income growth. And our wireless network has not only been recognized for being the best,1 but was recently named the fastest,2 as well.
Our performance in the quarter speaks volumes about our focus on our strategic priorities and growing our businesses. Now, we need to carry that momentum through the rest of the year.