Windstream hired at least three former executives from Lumen and they have came in and making changes like crazy. Layoffs for the last several months, including today. Rumor is a possible merger or buyout 4th quarter. Your thoughts?
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That’s not going to happen. Remember everyone thought we were sell to t-Mobile when execs moved. Not the case and why Windstream. We’re selling local exchanges not buying more trash. Windstream is Uniti no matter what people say. New builds taking place funded by debt free Windstream just to give them to Uniti.
Windstream hiring former Lumen execs is the kiss of death for an already dead company.
Post ID: @4teb+1sdlfZQJ
Nobody is buying this cr-ppy stock for $20. A reverse split is a nail in the coffin.
We're a few years away from any bankruptcy. Kate is going to reverse split us into the $20 dollar stock world...and then we will have another say 1-2 years until we get shorted back into the sub $3 range....and THEN bankruptcy will come a callin'.
Windstream just came out of BK, my thought are its another fail.
I think Bankruptcy. I hope the place holds together a couple more years, until my last kid finishes high school in 2026. I don't think it's going to make it that long.
Regardless of any specific companies, I think we can all agree this is a sinking ship and will either be bought out buy some rube or go bankrupt. The upcoming earnings call is going to be brutal.
If you have stock, get rid of it. They're SOL. No increasing order book, unable to operate, massive debt and no retention of customers.
Or a third and more likely option, Bankruptcy. Too much debt. Read last quarters report. Lumen is miles away from even breaking even. Should be an interesting IR call next week.
Garbage company! Their stock price reflects directly on how it’s being run! Facts!
Spreading rumors without any facts?