Rumors flying in the Telcom world that ATT is selling off Direct TV to free up space for a purchase of Frontiers C.T.F for a whopping 2.3 Billion. The purchase of Frontier’s C.T.F will for the first time in history bridge GTE and BELL CO’s and more importantly bridge large scale fiber. Anyone hear the same???
16 replies (most recent on top)
Elliott moving shop to FL. Taking those tax dollars away from NY. Liberal states just don’t get it.
Not first time GTE and Bell Atlantic Co combined in 2000 and became Verizon
How soon they forget
at the end of this, Elliot will be a majority owner. I called this when watching Windstream go thru their bankruptcy..it will happen here too
I heard elliot owns a bunch of frontier debt already
Elliot isnt in talks with Windstream....They own Windstream..and soon they will own us too
Elliot Management in talks with Windstream, get your facts straight.
CTF is a money pit, but the fiber can definitely be utilized to bridge gaps for ATT. Right now legislation is being looked at to abandon copper. Verizon management instructed techs to let the plant go to sh–. Frontier could have sued Verizon for negligence but they didn’t because they sleep in the same bed.
The only way this sale would be successful if AT&T fires all of these Florida techs. The techs destroyed Frontier with their greed and laziness.
ATT would be Frontier part II if they bought this company. Verizon ran the plant into the ground, Frontier was dumb enough to purchase the a house sight unseen, now CTF is a money pit. No advantage in purchases CTF as a whole or in parts. C-ap plant, over paid under performing employees, management and hourly.
Not going to happen. Even for fiber mixed in with old copper. Companies in Midwest just laying fiber on top of our old copper. Tv packages will be dead dish direct will only have rural customers that can’t stream
As a union steward you have NO inside information into this so there was no reason to even comment. The union has no parts of a business negotiation and if anything the union needs to be worried about how to ensure they will keep their workforce, NOTHING good is coming from this company ever and certainly nothing good ever comes from a union (and with a price tag attached). Just like the original poster you have no link to even provide proof of this claim. Go back to counting your union beans.
FTR VP'S RUNNING SCARED LIKE USELESS PUKE
As a union steward, I can neither confirm nor deny this pending sale to AT&T. However, I can say that the union is part of the negotiations. Good things will coming soon. In the interim, please keep paying your union dues.
That will only take like 4 years to pull off.lol
Do you have a link to your rumor ?
lol no, 0% chance of that happening