Thread regarding Windstream Corp. layoffs

The old Concord Telephone Co (NC)

CTC was in very good shape when Windstream bought it for 585 million 12 years ago. It had 120,000 customers then.

CTC had just run fiber past many homes but not marketed it yet. Windstream finally started offering 1 Gig broadband here in the last 18 months using that fiber.

Low-hanging fruit left unpicked for 10 years!

I signed up and it's great. I figure fiber takes a lot less maintenance and tweaking than copper so I'm optimistic that as the company struggles, the fiber will keep working. It helps that our service here is underground and the pole lines feeding this area don't have a lot of trees.

My concern is more for my company, a big ILEC customer here. There are many more moving parts to that relationship than my simple FTTH line.

I like to hope that we may be in better shape than old Alltel areas that were underinvested for much longer.

My question for folks in this area -- is there much value left in the old CTC remnants that would be worth an outside company buying them and turning them around?

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| 1591 views | | 9 replies (last March 30, 2019) | Reply
Post ID: @OP+YjbjThE

9 replies (most recent on top)

"I remember. What a pathetic move. Fiber running past customers but we wouldn’t use it. Never seen anything like it."

It wasn't deemed 'important' to the Zombie Executives. The Chili cook-off and condo prices in France are far more interesting to the CEO. But once they saw how much customer they were losing, then they put in fiber faster than you can spell 'layoffs'. Some of the companies installing the fiber made a good profit off the rush jobs WIN had from the installs.

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Post ID: @1nej+YjbjThE

I remember. What a pathetic move. Fiber running past customers but we wouldn’t use it. Never seen anything like it.

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Post ID: @1zvb+YjbjThE

I feel like there is value left in the old Concord Tele areas that would be appealing to other companies if Windstream decides to liquidate. There are some other areas that are getting fttp other then concord now. Also old Lexcom is getting fiber as well from what I’ve heard.

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Post ID: @wip+YjbjThE

Like the OP said, Concord Telephone had put up fiber throughout the majority of the city prior to Windstream buying them out. Than Windstream came in & the fiber literally sat there for 10 years until it was decided that it should be lit up again. Then they spent countless hours & money repairing all the places that rodents had destroyed over the years. What a waste of money. They could have had fttp 10 years ago, well over 10 years ago now.

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Post ID: @ola+YjbjThE

I worked for nuvox. They chose to sell. Big bucks

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Post ID: @kdm+YjbjThE

To clarify Windstream owns two companies both named CTC. The CTC OP is talking about is Concord Telephone Company a ILEC out of Concord NC.

CTC below poster is talking about is one of the CLECs that made up EarthLink.

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Post ID: @rdd+YjbjThE

I worked for CTC communication pre Windstream. We were the 1st VoIP provider in the US. The dotcom bubble burst and we merged to become One Communication. "It's never been the same" ....and that was 4 mergers ago. The definition of insanity is doing the same thing over and over again and expecting a different result.

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Post ID: @gif+YjbjThE

"So sick of my company pre Windstream was so awesome blah blah blah hear it all the time from ILEC and CLEC guys it was in trouble bud or else they would not have sold"

I'm not a former CTC employee. I'm a customer.

I'm interested in finding out the current local status from folks around here, not a generic Windstream-wide observation.

Thanks

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Post ID: @duy+YjbjThE

So sick of my company pre Windstream was so awesome blah blah blah hear it all the time from ILEC and CLEC guys it was in trouble bud or else they would not have sold... None of the acausitions that make up this network were hostile takeovers. They (previous owners or stakeholders) got an offer that was best for their pocket books and be damn the consequences. Now some of the minor stockholders might have been butt hurt (see EarthLink) but the ones who mattered agreeged to the deal

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Post ID: @scf+YjbjThE

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