http://news.windstream.com/news-releases/news-release-details/windstream-announces-second-quarter-earnings-call-7
Do y'all think this will be good or bad news? A post yesterday said it was the first week and now it's moved up a week.
6 replies (most recent on top)
They are going open source white box installations (ha well that is what they are trying to convince investors they can pull off, part of the show will be cutting out transport and customers and techs along with 80 percent of us. They will use contractors and outsource everything else to keep things lean looking on the books to fool investors and exaggerate the amount of lossses they have reduced along with how far along with they are with any future agile software blah blah blah products). That should get them another round of refinancing and another year and half of bonuses.
I am not disagreeing with you but the executives and the board say we don't.
Contractors don't need a 401k, health insurance, or a union for that matter.
When everything is said and done we will be out of most of the 3000 COs that we occupied
And be somewhere around 20 switch sites nationwide.
In the market I work in, we have been installing our own SFPS, cards, Equipment ETC... for the last few years we have been cutting the contractors out completely with the exception of decommissioning entire sites where we don’t have the man power left (after layoffs of course) I think it has a lot to do with the local manager. We all know there is a lot of “Yes Man” in this company. Get rid of the yes men and replace them with techs that worked in the field in the last 5 years and I bet we could cut out contractors with the exception of extreamly large jobs that take months to complete.
They pay contractors $5-$10k to install cards and sfps, literally 10min of work. Never going to be a profitable company
Agreed, with just under $2 Billion in senior notes due and barely maintaining a $200 Million market cap we literally owe 10x the stock value of the company. It would be like owing $200,000 on your 2005 Subaru used car loan.
Well If they haven’t netted 2 Billion dollars last quarter I’m pretty sure it will mean more selling off of stock by investors, continued bad credit rating for WS and REIT spinoff, and, wait for it, more layoffs