The 1500 heads out is a pure play for Wall Steet.
Frontier stock is at $ 15.76 as I look this morning compared to $ 33.41 in November of 21'. Down over 50%. Great job Frontier!
Peer companies are down too, but not by nearly as much. Great job Frontier!
Will Nick resign soon? He is incompetent. He is an expert at laying people off and driving down stock prices.
If Frontier was a house, the "foundation repair" that has been done is simply temp posts in the basement and calling the foundation repaird, and half of the walls are nothing but spackle. Frontier is being run by a business version of a house flipper.
That 1k new laptops was to shut people up while they fired more people.
You are absolutely correct. There were and are no improvements. If anything things are worse from the damaged caused by allowing unqualified contractors to work on the plant. The company believes just because something is working (for the moment) it must’ve been done right. They have no idea of the complete disasters contractors are causing for future service in the work they do. Or simply don’t do and claim they are. Only to find out at turn up it’s incomplete. Guess who they send out to actually fix it. I’ll give you a hint. It’s not the contractors they already paid to complete the work. Yet, they complain that company labor is too expensive.
It's as simple as this: Fybr is way overvalued. If it was where it should be, it would be around $.30 where it was before the smoke and mirrors rebranding was done.
Nothing was done to improve things around here and earn a 100x improvement on the stock price.