I know the CLEC side probably will start to feel the pinch, but what about the ilec side? Seem to still be hiring CSTs and engineers are hanging around, retail stores are being opened. Layoffs expected? 2019 was a surprise to me and lots of others on here I’m sure by the lack of layoffs or movement. I’m surprised because drastic changes are needed, but it truly is business as usual with millions lost monthly and executives milking it.
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@138x6KBk-1cyf – you forgot morale at an all-time low. No raises for the rank & file, while the LR5 are making millions in bonuses.... which just makes morale even lower.
Uhh, I think @138x6KBk-1bix is being satirical...
Doing well? In chapter 11, outdated network, no employee raises or bonuses, sales at an all time low, and the company will be out of money in a few months. I am a net tech and we have lost 70% of our staff to layoffs and resignations which are never back filled. I hope that was sarcasm as there is no way to spin this.
'Windstream is going to do well.'
Did your IT manager/director/whatever tell you this?
Windstream is going to do well. It has adapted to the marketplace and, I believe, bravely chose disruptive technologies rather than remain a stagnant legacy telco. IMO- The leadership are just good hard working people and humble to boot. They are putting in place good plans and we already see growth and a good year ahead of us. i have nothing to gain from saying these things and I know many here have perhaps had different personal experiences. Wishing everybody the best for 2020.
A majority of these central offices are Just about all TDM. Windstream doesnt have the skill set, capital or drive to grow this company to where it needs to be. They tried to buy other carriers to support their needs and they just bought more TDM networks. We still have DSL deployed in most markets. How is that possible? You talk about T1 being a dead technology and we still have DSL, EFM and POTs customers. Software powerhouse hahahaha
Just a guess of course.........The Company's name starts with an A and is associated to a river. They lose money big time on these orders. This basin company pays $0 NR costs and their MR Costs for a 100G cross-country circuit will irritate pretty much every other customer who are being charges 5 to 10 times the cost for the same service.
I do not work in sales and do not have any insider knowledge and this is only a guess but am I close ??
Not sure where you get the idea that CLEC isn't already feeling the pinch. We went from 8 techs in my area to 2. I'm being forced to support things with zero training.
CLEC carries traffic for ILEC, as well as other major customers I can't name. If you work here, you know exactly who I'm talking about. Giving service away just so we can say they're a customer.
Things don't look very bright. I doubt that will change until the LR5 are given their walking papers.
You should train your employees so they can leave, and you should treat them well enough that they don't want to. TT should talk to the brains at Virgin and take a lesson.
There are hints in bankruptcy filings and elsewhere that after bankruptcy, Windstream will focus on ILEC broadband and invest significant capital in that area.
Some of the hints come from the inventive plans for the execs in charge of the ILEC and the CLEC. There are also the settlement offers from each side in the Uniti-Windstream negotiations.
Paradoxically, Windstream will have some access to capital (selling bonds and stock) after bankruptcy. That will help the more senior creditors get their money back faster; the unsecured creditors will have been pretty much wiped out. So there’ll be money for investment.
It also looks like there won’t be a CLEC except for wholesale transport and maybe the SDWAN / UCaas stuff. (I don’t know much about SDWAN/UCaas stuff so I’m just parroting others on that). As someone on seekingalpha.com put it, a “profitable nub” whatever that is.
There’ll probably be new executives at the top to carry this out.
This is all just my guess.
Curious what others here think
The CLEC side isn't profitable right now. We have too much TDM network out there and most of the equipment is end of life. Most of the cash generated comes fro. Carrier (WE) selling large transport deals.
If you look at every business unit we support there are few that make money. The ILEC makes money if you are in the Kinetic footprint. POTS, DSL,T1's are dead. Any markets we compete with cable the products are bandwidth get priced out.
UCass and SDWAN make some money but not 90% profit. We still pay licensing fees to zoom and others for the infrastructure.
Go read up on the financials and you'll see we are out of money at the end of Q2. I can't wait to see our 2019 year end earnings. If they post a date to release earnings we will have a major layoff a week prior. Everyone keeps asking WHEN, this will be the day!
Again it's all smoke and mirrors to save face to the courts and Creditors that we are different now. All of this BS about a software powerhouse doesn't make up for billions in debt
You can rearrange the chairs on the deck of the Titanic but it doesn't change the end of the story.
Who cares, I dont care. Are you that dependent keeping a job with wages that do not keep up with inflation? SAD
Just a guess, but yeah I expect substantial layoffs. A lot will probably have to do with what areas/titles are Union and what aren’t. I look for all new construction and flavor of the month initiatives to get shut down at some point, then a lull, then someone is going to drop the hammer. June/july timeframe maybe? That’s just my read on things