#telecommunications

Any additional updates?

Organizations impacted: Legg, Engineering Ops, Arnoldi. Who else?

Share price continues to decline after earnings and sales misses. Fiber deployment might be necessary for survival but its not a growth strategy. Fiber is mostly business related - with the economy slowing expect less growth or decline in fiber related revenues. Mobility sales might be a bit better with consumer segment holding up better.

There is no growth driver other than HC reduction in the near term so expect no significant increase in share price even after this sell off. The 16% share price decline since 9-15, which accounts for about four years of dividends, will not be reversed in the near future which is reflected in analyst downgrades. Given the very large decline in share prie prior to the earnings annoucement it is likely the word got out to selected individuals inside and outside the company. The share buyback program has also been a bust having little impact on the share price decline.

What does the future hold? - flat revenues, flat earnings per share, no recovery in share price, no increase in the dividend, a very slow reduction in long term debt (maybe), and a significant reduction in HC.

To be sure AT&T is a slow growth dividend stock that because of technology needs fewer employees over time but just think how much better it would be without $200 billion in long term debt, more spectrum, and better outside management. When Stephenson became CEO the share price was $39.47. When he left it was under $30. Now its under $25. Unfortunately, there is no hope of a change in top management and the BOD. No hope.

And we’re over paying a C list actor and someone in marketing to call out T-Mobile? A competitor whose stock price is 10x ours. We’re doomed. WTF!

We’re a full year into mandatory 5-day RTO and what exactly has it accomplished? The stock is tanking, morale is gone, and the “culture” they promised doesn’t exist.

Wasn’t RTO supposed to be part of some grand plan to save the company? To drive performance? To lift the stock? Because all I see is decline across every metric that matters.

So yeah, maybe it was just another lie. I’m done here. I thought I could stick it out but I can’t do this another year for this dog of a company. Best of luck to all!

Are employee surveys anonimous and confidential for real or are they just lying to us?

ITS FINALLY MY TURN!!!
I AM OUTTA HERE WITH A SEVERANCE!

SO LONG MOFOs!!!! Fu-k this he-l hole.

This company keeps shuffling incompetent people around. I feel sorry for the few that actually run the factory.

For those of you waiting for a severance, I wish you the same joy I feel today!!

Total postpaid net customer additions of 2.3 million, best-ever and best in industry
Postpaid phone net customer additions of 1.0 million, highest Q3 in over a decade and best in industry
Postpaid net account additions of 396 thousand, up 26% year-over-year, best-ever and best in industry
Total broadband net customer additions of 560 thousand, up 34% year-over-year, best in industry, including 506 thousand 5G broadband net customer additions, up 22% year-over-year, and 54 thousand fiber net customer additions
Translating Industry-Leading Customer Growth into Durable and Profitable Financial Growth

Service revenues of $18.2 billion grew 9% year-over-year, best in industry growth
Postpaid service revenues of $14.9 billion grew 12% year-over-year, best in industry growth
Strong Net income of $2.7 billion and diluted earnings per share (“EPS”) of $2.41
Core Adjusted EBITDA(2) of $8.7 billion grew 6% year-over-year, best in industry growth
Net cash provided by operating activities of $7.5 billion grew 21% year-over-year
Adjusted Free Cash Flow(2) of $4.8 billion
Extending Overall Network Lead with Best Assets, Customer Centricity and Technology Leadership

Recognized by Opensignal as the 5G Global Winner in 5G Coverage Experience and Global Leader in 5G Reliability, including outperforming other US operators; T-Mobile also ranked the #1 FWA carrier for Consistent Quality and Reliability
Fastest provider in Fixed Wireless Home Internet with median download speeds nearly 50% faster than next closest peer, based on our analysis of Ookla data
Ongoing momentum in network perception with lots of room to run, with highest ever switching consideration based on overall network quality in Q3 and lots more runway ahead
iPhone 17 is fastest on T-Mobile’s network with median overall download speeds nearly 90% faster than one benchmark competitor as we continue to expand our network leadership with industry-leading deployment of new technologies (e.g. L4S deployed on all 5G sites with efficient capacity allocation; ~70% of sites supporting 5- and 6- carrier aggregation)

One board member’s vote represents the opinion of 10,846 T employees.

Do they represent your thoughts about the current state of the company?

Next stop: sub $20. RTO isn’t working… time to adjust plans and policy in order to save this sinking ship

Has anyone heard of any big leaders "retiring" or leaving the company?

It would seem this is a poorly kept secret that Verizon Connect likely will be sold. Recent activity by leadership looks like they are best positioning the company's cash position and unexpected re-alignment internally. The stars are aligning.

Do I need to worry about layoffs? From what I’ve heard, it’s usually the people who’ve been here much longer. On top of that, my pay is so low it’s hard to imagine I’d be considered a big cost to cut.

just saw someone crying :(. 7-3

Loved how on yesterday’s internal earnings call Stank opened up with T missing its cashflow plan so bonuses may be impacted. Seriously? You can’t manage cashflow so make the employees pay? Also loved the comment about using corporate tax reductions for “other purposes”.

Stank - it’s time to go.

Lo

Has anyone received their notification yet?

How is it team gets favored nation and can work from Guam and its Hunger Games fort rest of us for parking and desks? My team drown in first wav and lost quality but these headfaker harbors deadweight wearing Hawaiian shirts and drop sand from there flip flops for monthly checin?

Amdocs was founded in Israel in 1982, and partially acquired by SBC in 1985.
What they don’t tell you, is the project that led them to being acquired so fast, was actually the first android project in the world, called Project Stank.
It’s not publicized, because the android they created, could only sh-t out of his mouth, and not his a-s.
However, there was a problem with Project Stank’s gastrointestinal system, leading to the android only being able to say the word, “Fiber”.
Amdocs sold the project to SBC and it is now our CEO

RTO is really working!
“If you don’t like it leave” is apparently the same thing baldy said to our customers, and they’re leaving.

RTO to blame?

Stankey tried to put lipstick on a pig but wallstreet isn’t falling for it.

Down another 5% at the open.

When will the dysfunction end?!?!?

So they just closed down our office in Milpitas, some people found a spot at local yards, others are just WFH until Santa Clara office opens in February of next year. Funny how WFH is only used when convenient for the company.

You heard it here first. You have been WARNed.

ANZA has deleted many working staff via redundancy due to the excuse that there is no work forecast.

Will any of the leadership team or line managers be removed ?
If there is no work, why are account managers and sales executives needed ?

Should ANZA stop sending executives to junkets such as Mobile World Congress and Telecommunications Industry Excellence Awards ?

Seeing posts asking questions about pensions/retirement. I always go to them every couple of years to get an update on where I am. They can’t predict future changes in policy or your financial behavior but always felt like I was at least taking my yearly physical. With so many companies downsizing you probably shouldn’t wait until something happens in this current economy to get a decent reality check.

🚨 Rumor alert! Word on the street is NO BONUS this year for employees. 😡 What’s the tea? Spill it! #NoBonusBlues

I admit I'm old and not familiar with a lot of"slang" so I looked up 10 toes... here's what I found "slang for being fully loyal, and grounded in a belief, cause, or person". I could have sworn the message from Stinkeye was he didn't want loyalty (either given or expected) he wanted commitment? Am I missing something 😕

Best part is they can’t stay silent. It’s their job to get up on the stage and answer questions.

Keep it up, it’s working.

You can see the frustration. They can’t take it anymore.

Keep recording and keep leaking everything to the media.

I’m a SVP!

Union employees, if you get an offer, and decline, you are not guaranteed a job with Lumen.

Non union, if you get a job offer and decline, you lose your job.

JVB said I’d have to pay back all of the commission on my 100,000 SIM card deal in NYC. I guess I’ll go back to cold calling.

OMG I want to go swinging. Great timing.

That tells you everything you need to know about this company. The only thing worse would be if they were %600

I was layoffed from comtech seems they don’t have enough work coming in

I want my raise, my healthcare, and job protections. The union can and will get it for us.

How do you fix this?

Yesterday’s disruption was caused by multiple failures of the TDMI data telecommunications service provided by Frontier — a local telecommunications company,” the FAA said in a statement to The Dallas Morning News.

Message from Sarah Bryant dated 9/4/202

Dear People Leaders,

For those of you who don’t know me, I joined two months ago as Executive Vice President, Finance, Telecom, and my team and I have been working across the organization as we look to strengthen our financial profile and help us to transform how we operate to ensure the long-term health and success of Optimum. It’s incredible to see the amazing work done to date by all of you and your teams and I’d like to share some enhancements to our fiscal discipline measures.

Embracing Financial Discipline with an Owner’s Mindset

First and foremost, I want to emphasize the importance of operating with an owner's mindset when it comes to financial stewardship. Every employee — regardless of role or level — must approach spending decisions as if each dollar were their own. This ownership mentality is fundamental to ensuring our company's long-term financial health and sustainable growth.

To this end, we are asking all leaders to be deliberate and prudent with our spending by proactively managing expenses. This includes an immediate pause on non-essential discretionary travel and entertainment (T&E) spending. I recognize that this is a delicate balance – it's critical that we continue to run the business, manage our business partners and vendors, and drive teammate performance. The goal isn't to stop spending entirely but to be thoughtful and judicious. Please critically evaluate T&E costs — including business travel, conferences, offsites, and client entertainment — to ensure they are directly tied to immediate business need or revenue generation. Where possible, please find alternative, cost-effective solutions or postpone less critical spending.

The pause of discretionary spending also applies to year-end events. We deeply value our employees' contributions and recognize the importance of year-end celebrations, and the ask is for leaders to find impactful ways to show appreciation and foster a positive and grateful environment for our dedicated teams in a prudent way. Check out the Recognition Toolkit in the Leader’s Zone on One, which includes meaningful approaches to employee recognition and celebrations to thank our teammates for their incredible contributions.

If you have a question regarding the T&E policy, events or other spend, please do not hesitate to reach out to your finance business partner for clarification.

Comprehensive Review of Spending Controls

To strengthen our financial governance and ensure we're positioned for long-term success, we will also be conducting a thorough review of our vendor invoice approval platforms and all PCard usage and related policies. This review will assess spending, strengthen controls, and implement procedures that uphold our fiscal responsibility. There will be additional communication regarding these changes in the next two weeks for those directly impacted.

Moving Forward with Purpose as ONE Optimum
These efforts support building a culture of financial stewardship that will serve us well in all economic conditions. Thank you for your attention and leadership. When every employee thinks like an owner, making prudent decisions about resource allocation, we create a more resilient, financially healthy and sustainable organization.

Sincerely,

Sarah Bryant
EVP, Finance, Telecom

https://finance.yahoo.com/news/t-joins-forces-gigs-launch-135804177.html

AT&T was sc--wing up my broker's ability to authenticate my account so I Iost some money on a trade opportunity this afternoon because I could not get into my account. It is going to be a little more than the $0.37 you paid me in guarantees the last time AT&T created connectivity problems.