Pretty sad.
I posted back in September 2023 that Frontier stock was worth more than Lumen.
FYBR - Frontier $15.45
LUMN - Lumen $1.45
As of today, March 2024, Frontier has gone up $8.35 more a share.
FYBR - Frontier $23.80
LUMN - Lumen $1.57
Frontier!
What are they doing that LUMN cannot!? And since September to March 2024, our stock fell below a $1 until Kate stepped in and bought some. Plus, we took out another huge loan. Wow!
Ah, yes. 13 years of the CTL id--ts and 7 years of the L3 mo--ns actually running the company but it's the Q jackasses putting everything into the sh----r.
For one thing they don't have all of the q management team running their company. Biggest collection of dip sh--s ever assembled!
Most? No, they sold the former GTE Northwest only.
Good luck finding buyers for piece parting Lumen. How well is BS doing again?
Frontier sold off most of their copper and fiber plants to Ziply.
They kept most of cream of the crop.
Lumen is planning the same.
Start with massive layoff to make the numbers look good.
The unwanted sectors will be sold to the lowest bidder.
Who cares? Maybe go to the frontier layoff page and let them know how awesome they are.
They don't have non-employee investors whining on a layoff board about share prices.
Frontier filed bankruptcy April 2020.