Thread regarding Verizon Communications Inc. layoffs

I was part of group putting together Altice deal in 2014 that fell part. They were offering north of $35 billion at the time. We then did an exercise in 2022 where the value was around $5 billion. The government piece still needs to be carved out of many deals as it won’t get regulatory approval so there is a plan for that.

How do they decide which employees of wireline go to which area if a sale chopped up wireline ? If it was to ever happen

VZ is already very far down the road on getting out of wireline. VBG is VERY aggressively disconnecting all old TDM, and if customers want to keep it they have to pay 5x+ for the service until they get rid of it. Even if they don't they have been given a sunset deadline(timeline varies depending on region, but all of it is out by end of '25...vast majority end of '24). VBG has MANY hands on deck doing this. The traditional wireline(former Ma Bell) is being packaged along with some FIOS footprint to sweeten the deal, selling to Bob Mudge, Tom Maguire, Chris Creager, and others....AKA Brightspeed....AKA Lumen Technologies...AKA Apollo group, who has bought up most of the old ma bell wireline that nobody has wanted as well as Yahoo, Oath, Verizon Media(AOL), Huff Post, etc. VBG is also continuing to pawn off employees to HCL so that they can get it off the books and let HCL deal with getting rid of people with no need for a package.

Agreed that if you read some financial articles sbout loses the share holders really would like to off load the vz wireline with some debt along with it .Question is what could it fetch would the sale be worth it in thelong run.We know no company is the same for ever but economic stability along with so many other factors decide if or when a company decides to change hands alot may have to do with the state of the American economy and political landscape over the next 4 years

$5B net would be overly amazing and to get riddance of the nuisance. but get rid of all the debt.

can VZ survive without an majority stake in its current MVNO Mobile Virtual Network Operator assets? The answer is an emphatic NO!!!

can VZ survive solely as an all wireless company?

wireline should be 25% of the current company and should net about $45B for its divestures.

transfer all the corporate debt obligation to the new company and then have the new company declare corporate bankruptcy - as such done by Frontier Communications after the formerly purchased VZ assets.

Junior high school algebra, if VZ, as a large capitalization stock, has a market value of $182.5B calculated at 43.21/share. Wireline sale, if VZ can net $25B which is overly optimistic, it would be worth the divestures -- given, VZ continues to hold a minority stake in the new IPO, have a minimum of 2 seats on the board of directors, and have a long-term agreement to continue to use the wireline assets for MVNO's data propagation. Applying the $25B received from this same to reduce the VZ corporate debt.

The current intrinsic value damaging VZ is its employee headcount, corporate debt, and VZ's inability to leverage its MVNO, Mobile Virtual Network Operator (MVNO) pricing -- whereby a company that does not own a mobile spectrum license but sells mobile services under its brand name using the network, "VZ", of a licensed mobile operator. This disallows VZ to reduce customer's pricing to remain competitive.

The bottom line, money well spent is the key determinant? How much are these wireline assets worth, how many billions and to factor the variable, as to the reduction of the headcount, employees salaries, employees benefits, sent how much of the corporate debt, relieve the union retirees health care obligations, and relieve the remaining "hefty" employee pension obligations.

These proceeds from the sale of wireline needs to help significantly reduce the wireless debt obligating corporate bonds and to increase FCF, free cash flow.

The sale of VZ's wireline assets will take strategic planning and thinking. Foremost, the outcome of this November's presidential election, occupying the oval office, red or continuing to remain union, blue -- leading to the presidential appointees at the FTC, FCC, and DOJ. Irrespective of the presidential race outcome, with money well spent, VZ can simply thwart the current blocking blue regulators. If strategically plausible, spin-off these wireline assets, culminating an IPO, Initial Public Offering, another company, merging with Apollo's, PE, Private Equity, Apollo Global Management, Brightspeed. Note: Apollo purchased VZ's Yahoo assets, now the Yahoo branding is making a profit, and rumored to become its own spin-off, IPO, and again its own standing company.

So here we go again

@1swa Frontier went bankrupt after purchasing some landline assets from Verizon. It was 14 state at first, then FL, TX & CA, then bankruptcy.

The Brightspeed rumor has been around for a while , but I think where there is smoke there is fire . Union is dwindling down and lots probably leaving at contracts end .

@1odt+1qZSLmZK they aren't barriers. Ask Frontier. They now own 14 of the states that used to be Verizon. And borrowed heavily to do so.

Bunch of former heads of verizon are at brightspeed now just look it up plus word is they are forming a plan to buy some component of verizon so yes it true source Trust me bro

You say online rumors.... so post the links...

Hard sell for any company - Regulatory and Unions are the 2 big barriers to any sale. And honestly with the margins, who would be stupid enough to buy VZ Wireline?

Brightspeed

I'd take these posts more seriously if I haven't been hearing the exact same thing for 24 years now..m these rumours started in 2000 and yet, here we still are.... 🤑

The real here we’re go again is you posting fake rumors.

Where are you hearing these rumors ? Not saying it ain’t gonna happen , and most of us see the writing on the wall . Personally I am out at years end . Pretty sure a few more rifs to come

Just do it already