Could we please try to be positive on this site for a change?? Yes we know what happened to Windstream and we know the people who put us in this mess. However, this Doom and gloom is so unnecessary. We get it,Elliott Management is going to come in... — read more
Topics regarding layoffs at Windstream Corp.
Yes, ILEC and CLEC can be abandoned for the most part, unless you are a Critical end user (ie, Hospital, 911 services, police or fire). The little people can find another company to provide services for them (ie, Comcast, Frontier, CenturyLink, ATT... — read more
The Top 5 got their money. It's a private company now, meaning Elliot can do what is in their best interest to make a profit. They will pay TT out and he will take his luxurious vacations while the hard worker's of Windstream will look for other work... — read more
https://www.kccllc.net/windstream/document/1922312200630000000000003 $330M in the bank $395M in revenue $24M NET LOSS $61M in goodwill $113M paid to bankruptcy attys YTD Take note of page 15 KIEP bonuses We paid out 3.5M to those that... — read more
What is going to happen to the groups that can’t produce a profit? Anyone worried about possible changes on the horizon?
See: http://www.kccllc.net/windstream/document/1922312200622000000000025 Starts on page 5. Most have significant telecom experience. There's one carryover, William LaPerch, from the old board (that's not uncommon – it's helpful to a new board... — read more
You people crack us up. My Director (SB) told me that no matter who runs WIN they will still need computers. WIN has a little over 10k Computers within the company. So who ever takes over will always need these computers maintained. SB tells me " I... — read more
All of these threads are for a reason. Upper Management, if that what you prefer to say they are is not really Management. They didn't manage this company well. The facts are is Elliot will tear it apart and make their money. This is what they are... — read more
https://seekingalpha.com/news/3586337-windstream-restructuring-gets-court-approval Windstream Holdings' (OTCPK:WINMQ) restructuring plan has been approved in court, and the company now expects to emerge from Chapter 11 bankruptcy in August as a... — read more
I was told by my manager that raised are minimal, if any, promotions are cancelled and if I don’t like it, I need to do what is best for me. I get along with my manager very well and felt this was more of a guiding hand that I better jump ship now... — read more
https://www.kccllc.net/windstream/document/1922312200621000000000003 Interesting read that TT says he is not responsible for any of his prior actions and is exempt from any future litigation. He nullifies himself of any wrong doing setting up... — read more
Let me offer to TT and HI Voltage Bob a Happy Fathers day ! I am sure your children must be very proud of their fathers accomplishments :)
You all know where this is going, yet you still keep hanging around the place. I left months ago, and yes believe it or not the grass is greener. Focus your energy on you and your family. Stop focusing on Windstream and Elliot. Trust me, their focus... — read more
Just do yourself a favor. Life is better on the other side.
What are your thoughts around TT and the gang taking us private? Is this a way to skirt public scrutiny and do what they please? I know he preaches long term value but I don't see that happening. I process more disconnects than installs.
The U.S. Trustee is an officer of the court who handles administrative aspects of the case. In this case, the Trustee is objecting to the structure of the deal and promises made to To a “third party” (I think that’s Elliott; I didn’t read the whole... — read more
Tony Thomas remains CEO, new board. Elliott takes over.
Windstream is requesting to augment DIP financing agreement to forgo 21million of payments due each month beginning on July 1st and extended through October 1st. The company has run through 1 billion dollars of cash in 16 months amazing. MASS... — read more
So the LR5 that denies 95% of the employees raises while hoarding millions for themselves preaches to us about injustice. This from the same people that also tell us that Windstream is not a prison? It would be funny if not so pathetic and sad.
How do I get my name off the Windstream Mailing list? I was let go back in 2017.
https://www.kccllc.net/windstream/document/1922312200529000000000011 $348M in the bank $398M in revenue $23M NET LOSS $61M in goodwill $106M paid to bankruptcy attys YTD
How much money would the company save if they outsourced the LR 5? Smart decisions would be made Employee morale would be at an all-time high
Per management losing money every quarter is a Win Win. This is the reason 95% of employees receive annual increases that do not keep up with inflation. Because losing is winning in Senior Management's view. Unless it applies to Senior Managements... — read more
https://www.fiercetelecom.com/telecom/windstream-chats-up-its-officesuite-uc-contact-service-portfolio "During its first quarter earnings pre-recorded call earlier this month, Windstream CEO Tony Thomas said adding more capabilities to... — read more
It's been nice knowing you. Every year and every acquisition things have got worse not better. We all know this place isn't a prison, it's also NOT a software powerhouse. I'll sit back on cruise control for the next 2 weeks and collect... — read more
Is this going to be a thing going forward for the rest of the summer. Should I put June 12th or 18th on my calander now?
I think they are trying to do smaller layoffs to not trigger the warn act. More talent lost today. I'll enjoy my last few days here
Alot of people got the call from HR today.. Lasty day is June 4th :(
I left Windstream 2yrs ago, but worked closely in data centers with alot of enterprise customers as a net texh. Had a customer hit me up on linked in today asking for advice as they have been down hard for 2 days with no updates and has been on hold... — read more
https://www.telecompetitor.com/windstream-bringing-sd-wan-to-smaller-firms/ Enterprises have been embracing SD-WAN and it now has the attention of the cloud ecosystem as well. As more applications move to the edge from the cloud, SD-WAN’s... — read more
https://www.kccllc.net/windstream/document/1922312200515000000000005 Looks like we sold our remaining dark fiber to UNIT for $285M in cash. That cash will extend our stay of execution for another 10 months. This helps but it does not fix the... — read more
I am surprised no on here has posted yet. We all know it's going to be a dog and pony show from HR and the LR5 filled with softball questions. Anyone going to challenge them and pin them down with difficult questions and answers? Why did we... — read more
https://seekingalpha.com/news/3572328-bankruptcy-judge-approves-windstream-uniti-lease-settment Looks like TT and friends decided to settle on the agreed terms after all. I'm sure they have to after our dismal numbers get released on Monday. We... — read more
This is a good blog post by Doug Dawson, one of the smartest people I know in the rural telco business. He's writing this not so much about Windstream but about the significance of this move to the industry and why he thinks this is a good idea. He... — read more
Haven’t posted a profit in years, Claim to have a world class network and supposedly winning new customers. Additionally claim to be #1 SDWan provider in country, but have no real path out of bankruptcy besides Uniti funneling money back to them... — read more
Here's the agenda for today (5/7): http://www.kccllc.net/windstream/document/1922312200506000000000010 Topics include proposed Uniti settlement and aspects of Windstream management's proposed reorganization plan. Starts at 10 am