The CLEC side leases 1000s of miles of fiber cable from Uniti on an exclusive basis.
I think those lease rights can be sold. I've seen mineral leases sold in another bankruptcy.
Clearly, this fiber would be worth a whole lot more to Windstream if they still owned it.
I've seen arguments here that much of the CLEC side of Windstream is in especially precarious shape, operationally.
Does that fiber give some fundamental value to the CLEC business even with all the baggage it's dragging?
Would anybody want it if parts of the CLEC shut down? If so, it could help bail out the rest of the boat.