if you look at the IR page on lumen there's a video by stansbury talking about this. what's interesting is he describes the revenue as "lumpy" (his word), and also talks about these deals typically being over 20 years. so $5b over 20 years is... — read more
" $5 Billion in new "one time business and not a peep. "
Lumen Creates Custom Networks Division to Meet New Demand DENVER, Aug. 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI. Large... — read more
Lumen Bad Decisions
We all know Lumen SLT has made very bad decisions for a long time, but job numbers were dismal thanks to the idi-its in the Whitehouse, and Lumen will likely need to make more cuts because that's the chatter going around the office. Why did Lumen... — read more
So why did Kate delay Q2 earnings announcement?
Lumen was supposed to announce Q2 numbers this week. Instead they delayed it until next week and announced the MSFT and Corning "AI" deals. If the numbers were good, why delay it? Combining good numbers with the AI deals and the stock would jump... — read more
Stock price
Not that I’m upset. Just confused. Why is our stock rising all of a sudden. 1.82??
any guess how the stock will fall when the quarterly numbers are announced?
I'm guessing a few points, at least back to the 1.50s
Like Mother , Like Son
https://www.ycombinator.com/companies/crew-ai Jake Johnson, co-founder, is Kate's son. Focus is outsourcing using AI. Anyone know if this company is a vendor to Lumen? Note the reference to IIT which is a big Indian university system (multiple... — read more
Microsoft Partnership Announcement
If just selling Dark Fiber requires the title ‘partnership announcement’, doubt any big acquisition is in the works. Thoughts?
Wiz rejects Google's offer . . .
https://techcrunch.com/2024/07/22/wiz-walks-away-from-googles-23b-acquisition-offer-read-the-ceos-note-to-employees/ Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a... — read more
Stop the cawing in the cornfields. ( Synapsis of where things went wrong )
People used to understand a very powerful but simple concept. It was this. " You take care of the system and the system takes care of you. " This was the magic of family owned businesses before they sold themselves to conglomerates that... — read more
How did we get here?
All this division within!! Not just here, it's everywhere. Just a "soapbox vision" for you to mull: Here we go again with some "experts" trying to place blame on the 1st line workers...all we do is follow the processes and rules laid out by the... — read more
Microsoft lays off diversity and inclusion team
Microsoft has concluded diversity is “no longer business critical” and has laid off staff working on inclusion initiatives, a former employee has claimed. The technology company has disbanded a team working on diversity, equity and inclusion (DEI)... — read more
What a fool believes .
“ Our modern world is very interconnected. So interconnected that when one little piece of the system goes sour, it can bring down entire industries. In recent years, that reality has led to a pushback against the trend toward globalization, with... — read more
Narrative knock out
Total miss. Let’s just spend money on stuff that doesn’t matter. We can’t even get repairs or services installed. customers don’t even take our calls anymore or want to buy more services from company that doesn’t help them. — read more
Company miss
Starting Friday. The co has decided dispatch will no longer assist managing company misses. That means they wont read notes either for jobs sent back when co miss should have been used. Rescheduling is relying on customers to reschedule themselves... — read more
Google making big moves . .
😉 - " Google is in talks to make the biggest acquisition in its history, according to reports. The US technology giant is expected to pay $23 billion (£18bn) for cyber security firm Wiz, The Wall Street Journal reported, just four years after the... — read more
Really?
A "record-breaking second quarter?" In mass markets? The spin is going to be epic.
Leadership is entangled in their web
Numbers don’t lie. No smart ideas in sight. No capacity to reorganize into a solid, growing business. Not enough business sense to discern what should be let go, which areas invested in, which people kept on board. But who’s gonna pay for all those... — read more
Q2 Dismal Report August 6th
KJ pushed the Q2 report out one week. More people worried about a new RIF list that will be enacted in last week of July. So sad KJ has to keep cutting people.
Get Outside, Go To The Fiber…
Let’s face it folks, as well as copper has served us all these years, the company is doing everything it can to make it go away, and no job, especially inside folks, are safe. As a technician who has spent his entire career outside with: USWEST... — read more
Nasdaq and S & P rise, Lumen stock falls
wondering how far below a buck it will go next week
Lumen has to try , or does this sound familiar
Some apparently didn't get the memo, or research the classic case studies on competitive advantage. Chicken Soup for the Soul Entertainment (CSSE), the parent company of Redbox, has filed for bankruptcy, with a bill of nearly $1B owed to hundreds of... — read more
Goldman Says SELL
Etrade alert this morning: LUMN has been initiated by Goldman Sachs as a sell. Ugh.
Managed Services ends up losing customers?
Long ago Batelaan the EVP and VP Stotzki/Stolzki pushed "managed services" as delivered by Meraki and Versa SDWAN etc appliances. Do those customers stay happy with Lumen over the long term? Was aware of customers leaving over them believing that... — read more
We need more customers to generate more revenue, not this Go Down before we Go Up BS
FACT: The company is receiving revenue. Not a quarter goes by that we received 0 dollars. The company is NOT exceeding expectations and the dollar received is less than previous quarter. Therefore, we are not generating revenue only declining. What... — read more
have seen a few quiet RIFs
from former employees on LinkedIn. They may be doing them piecemeal, or just not making a major announcement.
Stock Price
Any thoughts on the stock price over the next six weeks or so? Do we retest the .78 cents low seen on 11/02/2023?
Board please help
This is for the board of directors. Do you want want the company to fail if so keep the current CEO in place. Ball is in your court and the lives of a lot employees are on the line. We do not get golden parachutes.
Views on Usefulness of Directors?
I have never had a case where a Director level mgr was useful in resolving issues. Has anyone else had good experience with them?
Best News of The Day!
99 cents Disruption and Winning Like He'll! Great Job KJ!
Allyship training? WTF!
Now that dare to bleed is a fact in the wind they roll out mandatory allyship training. WTF is going on here? Why don't they take some "how to make a business make money" training and let the working stiffs do their fu--ing jobs.
Actual job postings
163 jobs at the moment, from intern to vice president. 150 in the US. surprised it's not 163 vice presidents. From jobs.lumen.com: 43 Sales and Marketing 23 University / Entry level 18 "Corporate Careers" (whatever that is) 3 Executive 14 "High... — read more
Poor Customers
I am learning just how bad our customers have it. We are weeks behind on installation and repairs. It is a combination of poor dispatching. If you ask dispatchers it is the fields problem not dispatch. You look at tickets and see a minimum of three... — read more
Job postings
Jobs.lumen.com. Only 6 job openings available. Why?
Kate’s Report Card
The stock since Kate was hired is an industry worst. When does she get shown the door. What did she expect if you don’t replace the field leadership? Most of the worthless goons are still in place receiving a check. If they were any good at all... — read more
2nd quarter RIFs
get ready all, if KJ follows her plan, there will most likely be RIFs this week, quiet or otherwise, to boost the quarterly numbers. Doubt if I will be proved wrong
where did Br*ne Br*wn go?
is it just me or did "dare to lead" get really quiet lately? or maybe I'm just lucky!
" illusions never changed into something real . "
Kate Johnson I know that because I'm in conversations with all the hyperscalers and all the cloud companies. Nobody else is doing this. Nobody else has Exaswitch. Nobody else has “true NaaS” “as we're providing it”, and the vision is capacity on... — read more
NPS Scores for all the whiners
NPS Scores: Quantum Fiber: 64 AT&T: 15 Verizon: 7 Cox: -9 Comcast: -20 Yeah, Quantum Fiber sure is a disaster. You guys make me laugh.