{
  "docId": "019de511-5dc2-758b-a004-ac457eb05045",
  "docSlug": "aa22ea12068edb3e1ff32299e32d9f89",
  "documentTitle": "Lumen | Mergers and Acquisitions Presentation Deck | 9 slides",
  "authorId": "lumen",
  "authorName": "Lumen",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 6,
  "pageCount": 9,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "geographic_map",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide compares fiber-enabled units and addressable locations between retained and divested ILEC operations.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de511-5dc2-758b-a004-ac457eb05045/6",
  "deckHref": "/decks/019de511-5dc2-758b-a004-ac457eb05045",
  "deckJsonHref": "/decks/019de511-5dc2-758b-a004-ac457eb05045.json",
  "deckAnchorHref": "/decks/019de511-5dc2-758b-a004-ac457eb05045#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.44,
        "x": 0.28,
        "y": 0.25
      },
      "kind": "image",
      "text": "US map colored by retained (blue) and divested (orange) states",
      "attrs": null,
      "subkind": "map",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "286a64d0-474d-44f2-ae52-04978c07060b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.3,
        "x": 0.42,
        "y": 0.76
      },
      "kind": "legend",
      "text": "States With ILEC Operations Retained (blue), States With ILEC Operations Divested (orange)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "796f7069-ea1a-416e-8967-5f40665f4c66",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.27,
        "x": 0.03,
        "y": 0.21
      },
      "kind": "list",
      "text": "ILEC Operations Retained in 16 States: ~2.4mm Fiber Enabled Units, ~21mm Addressable Locations, ~70% in urban or suburban areas, Significant Overlap of Enterprise and FTTH Build Opportunities",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "432a521c-9404-43d2-913a-ecaa7b39461d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.27,
        "x": 0.72,
        "y": 0.21
      },
      "kind": "list",
      "text": "ILEC Operations Divested in 20 States: ~0.2mm Fiber Enabled Units, ~7mm Addressable Locations",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "583ae8ec-92a9-4d70-b73a-32cf60890d16",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "subtitle",
      "text": "Note: Enabled units as of quarter end Q2 2021.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9b50bb33-e601-4cef-b670-6705f66e3e0d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "ILEC Operations Retained and Divested by Lumen",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "910720db-7f3c-4df2-8c2d-96881e871f68",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 6,
      "from": 6,
      "beatId": "f95d6eb6-6f26-4b2d-820e-d37e93e5cca1",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "The deck provides an overview of the business model and geographic footprint",
      "position": 2,
      "confidence": 0.7,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 6,
      "from": 4,
      "name": "Benchmark Gap",
      "slug": "39-benchmark-gap",
      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "552f2a31-7ca6-4976-86f2-99104e61f19a",
      "evidence": "The deck presents a comparison of Lumen's assets and operations before and after the transactions",
      "position": 0,
      "objective": "What is the rationale for these transactions?",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 0.6,
      "description": "Compare performance against best-in-class to quantify the opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}