I will post my own thoughts tomorrow, I need to let this brew in my head.  This stood out as well:

"The restructuring has nothing to do with the receptivity of ICE4. It has to do with, quite frankly, as we laid out, we are still uncertain of when the top line from a CenturyLink/Level 3 will fix itself. It has exceeded all of my expectations for how long that could go on and how challenging it has been."