Financial FlexibilityThe announced new business of $5B and indicated pipeline of $7 billion are likely to provide the company with financial flexibility to eventually reduce net debt leverage, improve go-forward financial performance, and open up strategic scenarios.
Funding And Debt ReductionNew PCF fiber wins of $3B provide much-needed upfront cash for Lumen to solve its funding gap and further pay down debt.
Growth OpportunitiesLumen winning new contracts to build and operate long-haul fiber connectivity between datacenters as well as other enterprise facilities reflects a meaningful growth opportunity for the company.