We are like a bad 3rd marriage at this point with alot of baggage. Alimony is due, late car payments, 3 kids in college. I am not sure how many wireline providers would pick us up and see any future value. How would we "break up" with the REIT... — read more
Included in cutbacks? Not likely!
https://flightaware.com/resources/registration/N748W
Next layoffs?
Any info?
How much are the unsecured creditors likely to recover?
Here's a graph of the value of Windstream's unsecured bonds – they're currently in default and paying no interest: https://markets.businessinsider.com/bonds/7_750-windstream-holdings-bond-2020-us97381wan48 Click on the tabs that say "1w", "3m"... — read more
Software development powerhouse?
It’s not a big secret that software companies produce software, right? And it takes an army of highly skilled and well-paid software developers to make it. So where is the software we‘re making and where is the army of well-paid developers??
Post About Data Repair And How They Contributed To The Downfall
Yeh TTboy leveraged everything on a house of cards and Sales overpromised, but Data Repair was always letting the customer down. How did Windstream ever decide to hired such technically r—ded people with no skills??????? And not only that... — read more
Offshoring even more work....
More service delivery, customer care, and repair work heading offshore.
Windstream’s future owner is in another fight worth tracking
Elliott Management, a private equity fund, bought up 100s of millions of dollars distressed Windstream debt at a huge discount. They’re now the biggest creditor and will have the biggest share of the company post-bankruptcy. The huge California... — read more
Thanks for laying me off windstream
I was laid off a year ago after putting in over ten years of work for ws. I kept my head down and kept working as my benefits were reduced and pay increases dwindled to nothing. I experienced first management’s attempt to distract me from being... — read more
Santa Clause is coming to town (TT)
I was speaking to a co-worker this morning and there is going to be an offsite townhall tomorrow in Rochester, NY. Anyone know what the occasion is? or is this just another cheerleading session. Any PAE / Earthlink people can you chime in? — read more
Am I the only one surprised Windstream will make it to 2020?
In all honesty, I thought we'd be gone before the end of the year. But it looks like I was a bit too pessimistic. We'll live to see at least the first quarter. Color me shocked.
Article: "Windstream’s ‘Intimidating’ Agreement Notices"
Channel Partners website: https://www.channelpartnersonline.com/gallery/channel-conflict-controversy-windstream-agreements-fusion-bankruptcy-layoffs-att-strike/?slide=1#master-slider-anchor
House of cards is falling at Uniti
1st of many changes to come on both sides of the house. The consultants and the creditors will recommend a change of BOTH boards and executives. It's time to Drain the... — read more
Uniti-Windstream trial date set for March 5-6
https://www.nwaonline.com/news/2019/oct/03/news-in-brief-20191003/
August operating results
Report filed with the court: http://www.kccllc.net/windstream/document/1922312190930000000000006 Profit and loss statement on page 11. Balance sheet on 12. Key salaries on 15. Payments to attorneys and consultants on 15.
Potential securities fraud lawsuit against Uniti
Saw this press release: "Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Uniti Group Inc." "Levi & Korsinsky announces it has commenced an... — read more
What happened to the Hudson OH NOC building?
I drove by there today and it looks like it's abandon. Did they finally decide to sell and take the $ and run? I am not at all surprised - but am surprised by how quickly this was done. Apparently time is of the essence....... R.I.P. Windstream
Friday’s court hearings
Agenda: http://www.kccllc.net/windstream/document/1922312190925000000000008 It looks like some interesting stuff is being postponed to the late October hearing date. There is mention at the beginning about an issue involving legal... — read more
Kinetic Business ad just displayed on this site
“No internet. No work. No money“ “Downtime is expensive” “Calculate the costs”
Cat got everyone's tongue?
They closed the big thread on stream and now it seems like everyone is afraid to talk anywhere, even on this site.
WE ARE HIRING AT WINDSTREAM because...
I am sure you have seen the "We are hiring at Windstream" propaganda video(s) on LinkedIn. Well, the reason they are hiring is because soon they will be firing an onslaught of dedicated employees!
Uniti finding a new operator?
https://investor.uniti.com/news-releases/news-release-details/uniti-group-inc-and-macquarie-infrastructure-partners-complete Probably more of a diversification from WIN.
“I don’t know what to tell you”
https://www.cleveland.com/community/2019/09/windstream-causing-a-year-long-delay-in-north-ridgevilles-center-ridge-road-widening.html
Speaking of hedge funds: others are involved with Uniti
Three other hedge funds have small stakes in Uniti now: • Searchlight Capital Partners, L.P. 3.70% • Mason Capital Management, LLC 3.01% • D.E. Shaw & Co., Inc. 2.52% https://finance.yahoo.com/quote/UNIT/holders?p=UNIT I don't... — read more
Channel Partners: "Windstream Bankruptcy: Partners Focused on Winning Business"
"Amid its bankruptcy, Windstream‘s focus on UCaaS and SD-WAN have created new opportunities and sales for partners." Interview with Windstream Enterprise’s president of strategic... — read more
Legal Question
How is it that after the spinoff of Unity that Windstream and its employees are responsible for all day to day activities on assets that we as Windstream don’t own? We replace faulty cards, maintain the fiber and copper assets, upgrade systems All... — read more
The creditors will own the company
My guess is they'll just pick a new CEO and maybe one or two other execs. I don't think they want to get into the details of picking many more people than that. The remaining execs from the previous days will still have their jobs for awhile. Then... — read more
Large Windstream creditor / hedge fund now going after AT&T
https://www.lightwaveonline.com/business/companies/article/14039708/activist-investment-firm-elliott-management-targets-att Elliott Management bought up a lot of Windstream debt at a discount after Windstream filed for bankruptcy. They're believed... — read more
Question post bankruptcy
Theres going to be a bunch of new C level names when we come out of bankruptcy, right? They cant have any investor (or employee) confidence restored without doing this IMHO. This is about the only thing I hold on to. Maybe it will be a new C... — read more
Hiring
Noticed a lot of sales related jobs opening up. Are they prepping to replace the existing group.
UNIONIZE!!!
The 7th Article of the local 13000 in PA gives power to any employee or froup of employees; to complain without fear of retaliation. If NY and NC became unionized as workers. The conversation of this corruption changes in favor of the employees. Spin... — read more
Professionals' fees for the first 4 months
A hearing is scheduled in October to approve fees and expenses charged by attorneys and consultants for Windstream and for the unsecured creditors' committee (UCC). These are for the period from February 25 to June... — read more
When's the next outage?
Were due for a good one about now.
“Executive Insights Q&A With ISE EXPO 2019 Keynote Presenter, Tony Thomas”
This month’s cover story: https://www.isemag.com/2019/09/telecom-windstream-ceo-exclusive-interview/ Wide ranging Q&A session includes Top priorities Overlooked issues The future Wearables impact Agility Mentoring “You!” (Greatest... — read more
Free Service
What did you think about WS giving away free service for 30/90 days to different markets? What are we accomplishing here? We are bankrupt.
"Rochester [Michigan] wrestles with city phone service"
https://www.candgnews.com/news/rochester-wrestles-with-city-phone-service-114793 "... Rochester City Manager Blaine Wing said the city’s nonemergency phone system unexpectedly went down for a little over a week in late July due to a nationwide... — read more
Uniti and Win are Cooked
There is no way this will end well for WIN and Uniti. Borderline Criminal on the shareholder losses that have piled up over the last 6 months. There will be consequences in the coming months the 5-6 people who cooked this up. The former COO... — read more
July operating report filed with bankruptcy court
http://www.kccllc.net/windstream/document/1922312190830000000000005 key financial statements are on pages 11, 12 Company lost $34 million on revenues of $430 million. On the positive side, the loss included a large paper loss of almost $88... — read more