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.
Growth OpportunitiesThis new business announcement (which includes Microsoft as a customer) reflects a meaningful growth opportunity for the company.
New Business DealsThe recently announced $5B of hyperscale AI fiber deals drove recent enthusiasm in the stock and helps pave the way for improving FCF performance.