Looks like TT and Ken cannot play nice in the sandbox together. I have a feeling
that part of the chapter 11 gets pushed out until the end. WIN doesn't want to
lease/own any copper assets. MOST of the SDWAN circuits deployed are are offnet
Cable and 4G.
Windstream is currently producing very little net cash flow from operating and investing activities.
Revenues have fallen 9% year on year
$92 million was the interest run-rate in Q1-2019
If very soon under the current lease, there is no money to even pay $90 million a quarter, let alone repay any of the armada of debt
Currently, Windstream bonds holding some value are trading near 24 cents on the dollar.