All the optimistic articles about Frontier coming out of bankruptcy are a bit ridiculous to me. I mean, it's great, and I hope for the best, but I still can't shake the impression that this company will go into the second bankruptcy in a very short time.
Reason: I don't think we have a competent management. Without competent management, another bankruptcy is unfortunately very likely. Just my two cents.
10 replies (most recent on top)
The future is looking bright ! With all of the new skilled members of upper management to lead us how could we fail? This is a GREAT time to be a part of a company that is transforming into something special . We will soon have fiber throughout our footprint and become a leader in the industry ..
https://www.nokia.com/blog/6-golden-rules-consolidating-network-operations/
The company will sell assets, DSL states if they can find a buyer and focus on the fiber states.
Of course the optimistic artilcles do not make sense to anyone with firsthand knowledge of the company.....they aren't intended for you. The articles are intended to try and persuade firms/people that buying the stock may be a good investment. Even though it again will be like lighting money on fire.
If u can do it with half lump sum and half annuity do it. If not hang in there and hope for the best. I retired last year with my lump sum and fortunately found another job which is hard in any economy. Make the decision which is best for u and ur family. Good luck!!
They're giving you union fools a hint, 1/2 in annuity and the other half in lump sum. Take it and leave. You guys missed the first bus, this is the last bus. Think hard, don't listen to your union reps they're also fools. Second bankruptcy may be a 7
They make it seem like we are going to flip a switch and all of the copper TDM networks will turn into FTTH overnight. The outside plant and the infrastructure and both dated and need of massive upgrades. This is going to take YEARS and Billions in CAPEX, not sure where this is all coming from.
Going straight to he-l in a hand basket
the end
I'm hopeful, we have some skilled employees that actually care about the customers and the future of the company, but I am concerned with the direction of upper management. We need to have set policies and procedures to take care of our customers and retain them.
However. I am also realistic and I'd recommend a back up plan, looking into upgrading skills, possible business ventures ect just in case.