Oh, and there it is All of a sudden and completely out of the Blue.. Troy Goldie has left the company “effective immediately”, he was either the source of the leak or he was opposed to selling off Quantum,
either way the story in the news has now had its fall out and has been addressed with a “anything is possible” style of response..
"Quantum fiber is mostly unregulated, so no need to purchase an exchange and there’s no shortage of non union fiber techs out there, Half the folks doing I&m in the metro are allowed non union contractors!!
no one absolutely no one is going to buy the Regulated Copper! Now that those areas have been over built with fiber.. Lumen will just Fill out a single form with an address/s and send it to the PUC and then stop providing service on copper to the Few hangers on, and then get rid of the union copper techs, and have contractors wrecked out the plant and make money on scrapping the miles and miles of Dead copper hanging on poles!!"
Who will own the CO if no one wants the exchange? Do you know what the exchange is? You can have your Quantum fiber and contractors to install and maintain it. Cheap labor. I'll keep the exchange. When i unplug your quantum i'll charge you the low price of $1500 per fiber per month to come plug it back in.
Noticed the lumen Pension website server does not work anymore? 18.8 billion in debt after selling half of the company, sounds like the management should be investigated for criminal activity.
“ Lumen basically declared war on any person NOT part of the original Level 3.”
Huh? KJ and CS don’t care which company you came from end goal is to sell everything with the fiber backbone going in whole or pieces to MS/Google/Amazon.
Troy wasn’t the source of the leak. I know who was though & they have no intentions of stopping. Lumen basically declared war on any person NOT part of the original Level 3.
Those people they declared war on are fighting back both from inside & outside of the company.
Get as much money as you can out of them before they pull the plug.
"Enterprise would probably be the next Domino to tumble"
What exactly is considered Enterprise? What would the new Lumen look like?
“Curious what they will do with the Central Offices, remember all things enter and exit thru them one way or another, split up the Technology but the routing still happens in the C,O.s.“
Those will go when they sell the local network. L3, Qwest, Global Crossing all had their own POP’s. Anything going through a co can be moved to or become a colo space.
With all the MICROSOFT executives taking positions I think the IT services and the Fiber is all Kate wanted, clean out and sell off, remember at hiring she was labeled a Transitional CEO. Microsoft has built their company on buying breaking technology or competitive technology and making it part of their operation.
Having their own Global Fiber Network and major AI customers on the books along with Security systems software would be right in the ball park for them. Enterprise would probably be the next Domino to tumble.
Curious what they will do with the Central Offices, remember all things enter and exit thru them one way or another, split up the Technology but the routing still happens in the C,O.s.
“You Qwest guys are trapped in your own bubble. Legacy CTL COTs maintain everything in the CO, remotes, pairgains etc. He-l, some locations still have COE installers.”
Serious? Only time I’ve seen a cot out of the building was driving to another building. Thought they dried up in the sun and melted in the rain. Would love to see one cracking a remote and clearing the spiders rats and snakes out.
Qwest was a great acquisition.. At a good price... LVLT was way overvalued and to be honest they were cooking the books at LVLT! CTL over leveraged to make that deal! That's why they had to get Glen out and Storey back in.. To help hide it! The mistake was acquiring LVLT and letting their people stick around! Right after Meister bought a 10% stake and pushed his boy Storey back in. They been hiding behind that poison pill ever sense!
Stock tanking again? Makes you wonder W Tee F is Lumen doing, other than making good people jump ship.
“You're pretty good talking out of your @ss,“
Pot meet kettle, everyone knows Glenn purchased Qwest with the intention of Gutting for everything it was worth, but he borrowed a silly amount of money to purchase a company 3 times bigger.
He completely sabotaged CTL by doing that, what he needed to do grow legacy Qwest to pay off the loan, but did just the opposite, then out of desperation he had to sell CTL to level 3.. like it’s been said there’s not much to be taken away from legacy Qwest, but Legacy CTL has a few Juicy plumbs left those aren’t going to last long now!
You're pretty good talking out of your @ss, it's no wonder why they've replaced you with contractors haha
Well, “YOU ALL” did needed some place to send all those Derelict barely, employable color blind CTL splicers!
"Lmao, Well you can’t hide under Maxine’s Skirt anymore, Better get ready for what’s coming!!"
You're pretty good talking out of your @ss, it's no wonder why they've replaced you with contractors haha
"Seriously.. You’ve been retired far too long! This isn’t US west there aren’t 84000 union workers now it’s something like 3500 net Tech, cots and design techs, and with that you should know that CO power, IE the Battery strings, Rectifiers and the Generators are already maintained by out side contractors, who are specialized power Generation, they take Batt readings and do generator routines Ect"
Ignorance... that's how it is here, must be company wide, lol
“Legacy CTL COTs maintain everything in the CO, remotes, pairgains etc. He-l, some locations still have COE installers.
Lmao, Well you can’t hide under Maxine’s Skirt anymore, Better get ready for what’s coming!!
“You Qwest guys are trapped in your own bubble. Legacy CTL COTs maintain everything in the CO, remotes, pairgains etc. He-l, some locations still have COE installers.“
You mean thrown under the bus, Gosh I wonder which company could be responsible for that having happened 🤨
You Qwest guys are trapped in your own bubble. Legacy CTL COTs maintain everything in the CO, remotes, pairgains etc. He-l, some locations still have COE installers.
“that CO power, IE the Battery strings, Rectifiers and the Generators are already maintained by out side contractors“
Unfortunately, the union has lost the battle on contracted work.
Of course it worked out well for all those Boomer union folks who retired and on then came back on as Double dipping scab contractors!
“Seriously.. You’ve been retired far too long! This isn’t US west there aren’t 84000 union workers”
No doubt about that.
“Hey Billy joe, the rectifier in aspen 23 is down, go ahead and take care of that”.
Seriously.. You’ve been retired far too long! This isn’t US west there aren’t 84000 union workers now it’s something like 3500 net Tech, cots and design techs, and with that you should know that CO power, IE the Battery strings, Rectifiers and the Generators are already maintained by out side contractors, who are specialized power Generation, they take Batt readings and do generator routines Ect
the Vast majority of CO’s are now unstaffed, and even the Enhanced premises technicians go and wire the frames for their orders, even us I&M Technicians now have to replace line cards,
COTs are now a rare breed they very few and far in between now, usually busy traveling between CO trying to assist Designed testers isolate trouble
“Meh, if you get paid you get paid
that seems to be the standard work ethic at lumen,”
Not if you’re in management or engineering. You just don’t show up or answer phones and get paid.
“First I love posts where people try to insult the person who made a previous comment, and don't add anything to the discussion! Trolls gonna troll.
Anywho, I don't know who you are referring to but my question is the same?”
As you just did? Sometimes you just have to read back a couple of posts. The reply was to a comment that Verizon and att only need their wireless networks to provide service and wouldn’t purchase lumen mass markets for that reason. Verizon just paid 20 billion for frontiers fiber network to increase their fiber footprint. Is that clear enough for you? Is that adding enough to the conversation?
Why would Verizon buy frontier? According to you they don’t need the hard wire service. Are you saying Verizon is a bunch of mo--ns?
First I love posts where people try to insult the person who made a previous comment, and don't add anything to the discussion! Trolls gonna troll.
Anywho, I don't know who you are referring to but my question is the same?
“Meh, stick it out. “
Meh, if you get paid you get paid
that seems to be the standard work ethic at lumen,
Quantum fiber is mostly unregulated, so no need to purchase an exchange and there’s no shortage of non union fiber techs out there, Half the folks doing I&m in the metro are allowed non union contractors!!
no one absolutely no one is going to buy the Regulated Copper! Now that those areas have been over built with fiber.. Lumen will just Fill out a single form with an address/s and send it to the PUC and then stop providing service on copper to the Few hangers on, and then get rid of the union copper techs, and have contractors wrecked out the plant and make money on scrapping the miles and miles of Dead copper hanging on poles!!
Meh, stick it out. Verizon already dumped 20 billion to buy frontiers fiber network. They wont buy again. Maybe ATT to keep the edge over verizon? To me thats the best bet. Get back to some sanity with an executive team whos heads arent in the clouds. At the end of the day if you still have a job getting paid who cares what the name on the building is. I
As an mass market employee, If you’ve the time and resources to leave.. well then it’s time to leave..
management has been completely disingenuous about it commitment to mass markets has dragged its feet on fiber,
By disingenuous I mean it wasn’t that long ago that management was selling the union on quantum and claiming that the company new commitment technology was now going to be ushering in a new era of prosperity and job security for the employees!
To remind yourself just Go look at the company and union press releases from the last contract settlement,
we settled the contract 8 months early mostly on the promise of fiber to the home,
What they did was walked away from government grant money for local residential fiber to the home, they let other companies over build our areas with that same grant money,
now they have walked away from the middle mile government grant money so now that market has been lost too. the damage to our ability to compete in the residential and middle mile sphere is now permanently diminished!
Now they say selling Quantum off is necessary, will bring in cash to pay down debt and eliminate expenses that drag the company down and that sale will usher in financial stability for the company!
Selling off Quantum & mass markets is them now breaking a major promise!
Why would Verizon buy frontier? According to you they don’t need the hard wire service. Are you saying Verizon is a bunch of mo--ns? You’ve been shilling star link all week. Go back to the yahoo forums. Maybe someone there will believe everyone wants to pay 500 bucks a month for starlink internet and mobile and a screaming 100 meg max download and 100ms latency.
To the person saying lumen will end the union contract…if they sell mass markets the union employees go with it. No union for enterprise. As for a purchasing company not choosing to hire those employees…how will they get the work done with no employees? You think some scab off the street can walk in and do the job? “Hey Billy joe, the rectifier in aspen 23 is down, go ahead and take care of that”. “Hey Wi---e bob, I know you used to install satellites but there’s a cell sight down, go uh, put on some barrel connectors or something to fix it”
Why would Verizon or ATT buy these assets? Both have good wireless coverage. They are also pushing to get these customers off their legacy plant as well and move to their wireless home internet options in the majority of their markets. Additionally, T- Mobile has seen explosive growth in the capacity and coverage of their wireless network since it came to market in 2021, and now with their partnership with Starlink, they are in beast mode. The uptake in 5G home internet between just Verizon and T-Mobile has been incredible, with projected growth rates about 15% per year for the next 5 years. Maybe a Brightspeed or another company that doesn’t already have an alternate option to deliver services as the only option? It will be interesting to see how this pans out. Best of luck to us all.
As a retired ,I would love to see either AT&T or Verizon purchase mass Markets.They will be in game for a long and not going away anytime soon , you can bet there pension fund is sound.
Pipe dream,
no one is going pay lumen a premium price for their mass markets right now, they will buy it “on the cheap “in the Bankruptcy/Fire sale. That’s Coming soon
The situation here is Lumen isn't going away they are just selling of Mass Markets , so retires ? And current Mass Markets employees pension funds would move to a new acquiring assets company ?
Odds are those who are acquiring the assets won’t want the Union employees, once the work is gone, Lumen employees will be let go and laid off all together
And I’m willing to bet that 16 months from now, Lumen will choose end working with the union and will not negotiate a new contract with the CWA, forcing the few remaining employees and the retirees to take a buy out on their pension which will end the pension all together and the Retires will lose their company Health Insurance!
The situation here is Lumen isn't going away they are just selling of Mass Markets , so retires ? And current Mass Markets employees pension funds would move to a new acquiring assets company ?
“So if you are already retired the pension fund that you draw from would/could transfer with the sale to the new company?“
The pension fund of US West was transferred to Qwest, as an asset of the company, that pension fund was transferred to Century Link as an Asset of the company, and now the same pension fund has been moved to Lumen as an asset of the company, just like a Building or any other financial investment, should the company file for bankruptcy the pension fund goes away to satisfy the creditors, what a Retire gets after Bankruptcy is paid out by an privately run Government mandated insurance corporation, the level of compensation after bankruptcy is determined by the amount of insurance the company purchases, from what I see people usually get 60% of the original pension values from the insurance company .. of course once they file for bankruptcy your pension is now tied up until the Bankruptcy is settled,.. with that I’m guessing that Lumen will be bankrupt with in 10 years, unless they can pay it down quickly and cut 90% of their operating expenses!!
So if you are already retired the pension fund that you draw from would/could transfer with the sale to the new company?
“So if you're on the edge and retirement eligible you're better off to retire with Lumen ? And your pension/retirement benefits will stay with Lumen?”
This will probably look a lot different than when Lumen sold Exchanges to Brightspeed, not sure how the transfer of employees would work on a sale of the quantum fiber,
And to the second part pension funds transfer from Companies A to Company B at the time purchase of the entire corporation as the pension is considered a assets, and is only insured against bankruptcy, because congress passed a law requiring said insurance,
If you really want good information on pensions and how they work, you should watch the Documentary’s that were done by Frontline on public Television,
Personally I’m going in a few months my self, I have Resolved my self to fact that I need a second career, really soon there won’t be enough customers or work to justify 90% of us, and at 55 I’m far to young to wait on SS to kick in,
So if you're on the edge and retirement eligible you're better off to retire with Lumen ? And your pension/retirement benefits will stay with Lumen?
Just an old guy receiving my pension. What would happen to that of the company is sold?
Currently the Pension fund is an asset of lumen, Lumen won’t be letting go of the lucrative enterprise portion of the company, if they can sell off the residential fiber and pay down some of their debt that’s good for you! If they can get rid of copper that’s even better!
Copper is out of date, so much so that we’re now having a hard time getting all the supplies we need to splice and to repair copper, according to our supply attendant those materials are now being discontinued! As are the Batteries for the older copper test sets a brake downs,