Demand for faster internet connections should continue to spur growth in broadband pricing through 2019, which drops almost completely to the bottom line. As a result, we expect earnings growth of 5%-7% to enable the ratio of debt to EBITDA to approach 6.0x by the end of 2019, from about 6.6x for the second quarter 2018 (annualized). We believe the plethora of online streaming alternatives will result in video subscriber losses increasing to about 5%-6% per year over the next two years, from about 4% in Q2 2018. Still, we believe Radiate is able to limit the earnings and cash flow impact of cord cutting by charging more for stand-alone internet required to stream online video. Longer-term, we believe reliance
