With the leases now separated, what will the new owners call each company?
Topics regarding layoffs at Windstream Corp.
My guess is that TT is probably still CEO and on the BOD to advise Elliot on how to sell off the pieces for a profit. It's apparent he can't run a company for profit. We have all witnessed that. Think hard about that. He is still there for a reason... — read more
Does anybody know if the NOC's across the country will be consolidated into a few, or even just 1 NOC?
Do you have your box ready?
I'm amazed this company has not folded, even with government oversight. TT and team took a solid Fortune 500 company and pile drove it into oblivion. Not that the executives have anything to worry about with their golden parachutes. The only... — read more
I would venture to say that morale is probably at a all time low. Now that's my speculation as you see that Windstream's head is spinning and they really don't know what direction to turn to. My speculation is that upper Management is ready to bail... — read more
https://investor.windstream.com/news/news-details/2020/Windstream-Reports-Second-Quarter-2020-Results/default.aspx Cliff notes version: Total revenues and sales were $1.19 billion operating income was $24.8 million reported a net loss of $162.4... — read more
I have seen post about everyone can calm down and Windstream is a great company. Even post about how ILEC techs are working overtime. I am happy for you ILEC folks, but let's face the facts. Thursday July 23rd on a Thursday was again a prime example... — read more
Fixed Wireless, didn't work, GPON didn't work, Allworks, didn't work, Consolidated software, didn't work. Is there anything that works here in the Circus? Seems to be alot of hype from the LR5 to keep everyone working so they can get their millions... — read more
The grass is not always greener. Windstream is a wonderful employer whose time is up. I am thankful for all of the years they provided challenging work and thankful for all of the friendships that I made throughout the years. Look, we all know... — read more
And I liked it :) let me explain. I have had a laptop (dell 7250) sitting in my desk drawer for close to a year. It was acting up and I was sent a replacement. I never got around to shipping it back, I did receive a couple email reminders but never... — read more
Anyone else notice customers are not renewing? I’ve seen a few conversions but that tells me the company is desperate to save money and Windstream is the cheapest option. What’s going to happen when Elliot Raises the rates of contracted customers... — read more
Stick around, don't let the LR5 mislead you. Listen to his Town Hall meetings. We are a software power house and on the leading edge of technology. We are just doing it with customers and employees. We will just keep going in everyday hoping not to... — read more
As I think about this, the last year I have turned up 6 new customers. Mostly what I do is disconnects and picking up equipment. Well actually I do get to surf the internet about 4 hours a day and occasionally go shopping. I feel pretty confident... — read more
Obviously there's going to be changes even major layoffs. However, I am just going to sit and wait for my time to come. It's not that I'm lazy, and not because I don't have an education, or the job market s—s or I don't have the skills. It's... — read more
Any word on layoffs tomorrow?
Windstream's (OTCPK:WINMQ) Q2 total revenue and sales were $1.19M, operating income was $24.8M. Enterprise service revenues were $577M, wholesale service revenues totaled $86M. Kinetic high-speed data revenues have grown for two consecutive... — read more
Everyone can speculate whatever they wish, it's your right. The fact is the leadership said we would come out of this strong and a power house software company. Neither of which happened or will. The fact of the matter is they sold everyone out for... — read more
Will Elliott auction off certain customers segments to highest bidder? Customers must terrified to commit to a company with imminent danger.
The speculation on this site is more redundant and mind boggling than our perception of some of the decisions we've seen made. I come here looking for actual insight and knowledge. If you feel the need to spout off your opinion, which we've already... — read more
Let me sum it up for everyone. If you have watched the play out with Windstream the last 3 years it's like watching the movie dumb and dumber. The fact of the matter is, the employees are the dumber for listening to the dumb. No harm intended. The... — read more
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
Is MM going to send everyone a box of masks to get us through the month? Just asking, I'll need a bunch cause I have to go to the restroom a lot. Disposable are only to be used one time. Prob need about 3 per day. Asking for a friend.
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
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
What is going to happen to the groups that can’t produce a profit? Anyone worried about possible changes on the horizon?
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
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
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
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
Elliott is a private equity fund. They own more Windstream debt than anyone else (they bought much of it at a steep discount). They shake up and restructure troubled companies. They bought a stake in AT&T in 2019, then sent its board a letter... — 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
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 :)