http://www.ifre.com/investors-wary-of-frontier-litigation-risk/21378555.article
"'It’s not wildly unlike Windstream. Some counterparties are not linked up on what the potential capacity is,' said one portfolio manager."
http://www.ifre.com/investors-wary-of-frontier-litigation-risk/21378555.article
"'It’s not wildly unlike Windstream. Some counterparties are not linked up on what the potential capacity is,' said one portfolio manager."
"Monday's headline Windstream purchases Frontier Communications"
Not sure if a company in bankruptcy court can purchase or sell anything without court approval?
Monday's headline Windstream purchases Frontier Communications
Frontier is next to go Chapter 11.
Centurylink is good for a while with their Qwest and Level 3 mergers keeping them propped up for a while.
But they are both drowning in the debt from POTS customers leaving in droves. Surprised Centurylink hasn't spun off their landline division like Sprint did and sold it to somebody like Frontier.
8x8 cell.
So not only did TLON take down Windstream but his actions might help take down Frontier. Man that guy deserves another raise and bonus
"We should look into buying Frontier"
Tony Thomas