Shipra Pandey's questions to Frontier Communications Parent (FYBR) leadership • Q2 2024
Question
Shipra Pandey asked for an update on the timing of the Analyst Day and strategic review, potential uses of capital from any resulting transactions, and how the company is thinking about the structure of potential joint ventures.
Answer
CEO Nick Jeffery reiterated that the investor update is linked to the ongoing strategic review and that conclusions will be shared once finalized. While not commenting on speculation, he noted that recent industry JVs validate the value of fiber. CFO Scott Beasley outlined the company's capital structure objectives: reducing the cost of capital, increasing flexibility, and maintaining appropriate leverage, citing the recent fiber securitization as a successful example of executing this strategy.