I’m so sick of the bullying and intimidation the director uses at 2134 laburnum ave richmond va. He has his on set of rules that are much different then people practices. Everyone is terrified and walks on eggshells around him. Windstream will never... — read more
How much did acquisition confusion affect the ILEC side?
Interesting reading in the other threads about the problems and mistakes integrating the hodge podge of CLECs Windstream acquired with all their different systems and equipment. Question: how much of this spilled over into the ILEC side? Also: prior... — read more
Has anyone heard of lay offs today
I have heard of 2 in Tulsa. Has anyone else heard anything??
Lay offs today??
I have heard of 2 in Tulsa. Has anyone else heard anything??
Uniti
In another post ( @YBt2lx3-ika) about today's hearings, I noted: "Interestingly, some of those wording changes had to do with preserving the various creditors' rights to challenge the Uniti-Windstream arrangement later on if so desired. I don't think... — read more
Windstream Gets Temporary Restraining Order Against Charter
"A bankruptcy judge on Monday granted Windstream‘s request for a temporary restraining order barring Charter Communications from distributing an advertisement suggesting Windstream customers could lose service because of its chapter 11 bankruptcy."... — read more
Windstream interview in Channel Partners magazine
"Windstream to Cut Partners, Increase Commissions During Bankruptcy" https://www.channelpartnersonline.com/article/windstream-to-cut-partners-increase-commissions-during-bankruptcy/ Interview with Curt Allen, Windstream Enterprise’s president of... — read more
It was decision after decision that hurt the company
Most of the dead weight came when Alltel/Windstream purchased a company and the upper management came to Windstream. Face it, a company that could not make it has its decision makers move to the purchasing company to make the same decisions that put... — read more
Unsecured creditor committee's view of the assets available to pay them
The unsecureds see off-balance sheet money: proceeds from litigation (by Windstream against others), insurance claims, etc. as the main source of any cash they'll see. They concede in this filing below that all the regular assets are tied up by the... — read more
Alvarez and Marsal hired as operations and restructuring consultants
Court filing last week: Windstream is hiring Alvarez and Marsal as their consultants to look at Windstream's operations and what needs to be done with them. Separate consultants are looking at financial stuff... — read more
Bankruptcy dates, some documents and the database of 100s of creditors
Here's the upcoming schedule of hearings: http://www.kccllc.net/windstream Here's a list of certain key orders issued early last month by the judge: http://www.kccllc.net/windstream/document/list/4839] Here's the list of all the folks that have filed... — read more
Recruiters
Can someone explain why we have more recruiters on the org chart than we have in most departments? What exactly are we recruiting? That seems to be a lot of wasted money when we are in bankruptcy and people are not exactly beating the door down to... — read more
What are really the chances we get out of Ch 11 in one piece?
This was, more or less debated on various threads on this board, but I wanted this topic to have a thread of its own. So, what are really the chances that WIN makes it out of bankruptcy as a untuchd company, and what are the alternative scenarios... — read more
Windstream Sales Reps
Any of you guys still holding on to hope? If you’re still sitting at Win it shows how bad you must be at sales. You iPad playing non working account huggers should get let go. Running errands, responding to RFPs not following up on anything except... — read more
Windstream's 2nd quarter budget presented to the court
Here's the revised version they filed today http://www.kccllc.net/windstream/document/1922312190409000000000001 Cashflow is temporarily pretty good seeing as they've suspended interest payments to their lenders (except the DIP - debtor-in-possession... — read more
List of locations where Windstream wants out of its lease
Windstream can choose to accept or reject leases in chapter 11. It's either / or -- unless the owner wants to negotiate, Windstream has to accept 100% the current terms or reject outright. Windstream filed a list of 30+ locations where they seek to... — read more
List of first lien holders
The first lien holders are the people who have the "first mortgage" on Windstream's assets and business. They'll get paid before the second lien holders (the companies that hold the "second mortgage") and the unsecured creditors (in most cases, folks... — read more
May I have my 401k money back
They owe us something for all the losses they handed us in 401k Match.
Too many directors with minimal employees under them
They need to redo how all of the groups are setup. Too many directors with minimal employees under them. Why do you need a director over two direct reports? Or a senior director with two staff managers over a dozen employees? In all cases there is a... — read more
Company seeks bankruptcy court protection to indemnify directors and officers in shareholder lawsuit
Windstream indemnified officer and directors against lawsuits for actions they take on behalf of the company. That is, Windstream agreed to provide a legal defense for these people and to pay any legal judgements they have to pay. This is standard... — read more
The reality of working at WIN
"Would anyone recommend working at Windstream" You can go work there if you want an uncertain job situation. If they hire you, they could lay you off in a few months because of continuing 'cash problems'. Most groups you would work in - except the... — read more
Windstream Lawsuit Says Charter Engaged In ‘Scare-Tactic Campaign’
"Windstream filed its lawsuit against Charter, the third-largest cable provider in the country, with the U.S. Bankruptcy Court in the Southern District of New York."... — read more
Most of the staff and managers care but the leadership does not
We are losing a person or 2 every other week. All of that experience and undocumented years of experience goes right out the windows. They may re-hire someone for 50% of that persons salary but it will take years to catch up. It has always been this... — read more
Sales Team Uncertainty
Shouldn’t the sales team be concerned with their numbers being so low? Who would sign something with Win in bankruptcy. Seems like a career limiting move.
Losing more good people
This didn't take long. Several key players have left and anyone else I talk to is looking for their exit. Win is about to be in even worse shape. A few are wiling to ride it out, but they are not top talent. I'd really like to help turn this ship... — read more
Keep an eye out for tire-kickers
Based on my experience elsewhere: Keep an eye out for non-employees visiting facilities and asking questions. They could be potential buyers of all or part of Windstream. Alternately, they might be consultants for one of the creditor groups sizing up... — read more
Board of directors
I’ve seen posts elsewhere about the board’s failures in letting the company sink this far. In fact, by law, this is ultimately their fault even more than the CEO’s. They have a hard job because they’re outsiders and they don’t know everything that’s... — read more
An organized wave or layoffs little by little?
When the time comes, and chances are the time will come sooner rather than later, how do you think they will perform the layoffs? Will they go in the manner of one, or a few organized waves or will they thin the herd in smaller portions as the demand... — read more
Mr Thomas
I am just glad tony got his bonus while the ones that retired at the beginning of the year did not get there lump sum pension as they were promised. Screw the ones that make his 2 million bonus possible.
CLEC fiber value
The CLEC side leases 1000s of miles of fiber cable from Uniti on an exclusive basis. I think those lease rights can be sold. I've seen mineral leases sold in another bankruptcy. Clearly, this fiber would be worth a whole lot more to Windstream if... — read more
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... — read more
Customers
Are any current customers commenting on here as to what may ultimately happen to them?
A Harvard textbook example of how not to run a business
To many top performers from the legacy company s management teams were let go. The Broadview acquisition is a classic example. All the top Managers and Executives are gone. The Managers and Executives that remain are the slackers and skaters... — read more
What assets could be spun off?
It’s obvious that the company needs cash in order to operate and navigate through Ch 11, so I consider the possibility of assets being spun off to be very strong. Any idea what assets are they most likely to sell and what impact could that have on... — read more
The judge will decide, not the TT
So, we had our Tuesday morning conference call. Our boss, IT Director out of Twinsburg told us that NO ONE can be let go without the judge who is over seeing this mess approves it. We did breath a sigh of relief, at least knowing that the TT and... — read more
Pathetic Board of Directors
How can they 'reward' TT to a new contract with how he crashed the value of the company? It used to be that when BOD had some guts - and a backbone - they would hold the executive leadership responsible for the direction of the company. Fast forward... — read more
Thursday going to be a bloodbath?
Anyone hear about a huge axe swing tomorrow?
Bankruptcy Notifications
I no longer work there. Apparently no one took me off the list. How incompetent is this???? I know executives read this site. I called, I was told they had to have it writing than I no longer worked there and asked for my personal email. No, take me... — read more
Third party carriers dropping WS as an access provider
As part of our Comcast Business Ethernet service, certain Ethernet circuits were previously delivered by a third party access provider who recently filed for bankruptcy. Our priority is to avoid disruption to your service due to this event and, as a... — read more