#telecommunications

With impending layoffs at Verizon of ~15-20K on 11/20, it would be ideal for TMo to offer a special plan for former VZ employees. Easy way to win new lines!

I joined Verizon two years ago right out of college, and I can’t remember a single stretch of time when layoffs weren’t hanging over everyone’s head. Was it always like this in the past, or is this just how things are now? Is it the same everywhere? Is this what I have to look forward to for the rest of my working life?

An AD I know got let go today. More to come for sure.

https://stocks.apple.com/AoOinDLVBRT-cbsHb5qkPGg

MPs were the first to go this week. Maybe this means no more markets??

Several people were RIF'd in Kinetic 10/30. Uniti mixed it up by switching to 5th Thursday and kept this one really quiet.

Sisters, Brothers, and Siblings, I am pleased to announce that your duly elected bargaining committee has reached a tentative agreement (TA) with Frontier Communications after months of hard work, negotiation, and many late nights. This achievement is a testament to the dedication and strength of our
bargaining team. I am also proud to inform you that our National Executive Board voted unanimously in favor of this tentative agreement. This is a significant milestone, and it reflects our commitment to
improving our working conditions and benefits.

-

Such a ridiculous ad by us calling T-Mobile deceptive and a hustle. When we as a company are a joke. Like and comment #WeSupportTMobile if you agree.

https://finance.yahoo.com/news/t-mobiles-incoming-ceo-att-is-taking-potshots-because-its-under-pressure-152258495.html

So much for that new campaign those smooth-brains on the Q3 Earnings Call were so excited about.

Wish we had a CEO like TMUS

This should have been an offer for Visible. The street is not going to like this next week…

Oh man, are they in for a rude awakening.

Any additional updates?

Organizations impacted: Legg, Engineering Ops, Arnoldi. Who else?

Share price continues to decline after earnings and sales misses. Fiber deployment might be necessary for survival but its not a growth strategy. Fiber is mostly business related - with the economy slowing expect less growth or decline in fiber related revenues. Mobility sales might be a bit better with consumer segment holding up better.

There is no growth driver other than HC reduction in the near term so expect no significant increase in share price even after this sell off. The 16% share price decline since 9-15, which accounts for about four years of dividends, will not be reversed in the near future which is reflected in analyst downgrades. Given the very large decline in share prie prior to the earnings annoucement it is likely the word got out to selected individuals inside and outside the company. The share buyback program has also been a bust having little impact on the share price decline.

What does the future hold? - flat revenues, flat earnings per share, no recovery in share price, no increase in the dividend, a very slow reduction in long term debt (maybe), and a significant reduction in HC.

To be sure AT&T is a slow growth dividend stock that because of technology needs fewer employees over time but just think how much better it would be without $200 billion in long term debt, more spectrum, and better outside management. When Stephenson became CEO the share price was $39.47. When he left it was under $30. Now its under $25. Unfortunately, there is no hope of a change in top management and the BOD. No hope.

And we’re over paying a C list actor and someone in marketing to call out T-Mobile? A competitor whose stock price is 10x ours. We’re doomed. WTF!

We’re a full year into mandatory 5-day RTO and what exactly has it accomplished? The stock is tanking, morale is gone, and the “culture” they promised doesn’t exist.

Wasn’t RTO supposed to be part of some grand plan to save the company? To drive performance? To lift the stock? Because all I see is decline across every metric that matters.

So yeah, maybe it was just another lie. I’m done here. I thought I could stick it out but I can’t do this another year for this dog of a company. Best of luck to all!

Are employee surveys anonimous and confidential for real or are they just lying to us?

ITS FINALLY MY TURN!!!
I AM OUTTA HERE WITH A SEVERANCE!

SO LONG MOFOs!!!! Fu-k this he-l hole.

This company keeps shuffling incompetent people around. I feel sorry for the few that actually run the factory.

For those of you waiting for a severance, I wish you the same joy I feel today!!

Total postpaid net customer additions of 2.3 million, best-ever and best in industry
Postpaid phone net customer additions of 1.0 million, highest Q3 in over a decade and best in industry
Postpaid net account additions of 396 thousand, up 26% year-over-year, best-ever and best in industry
Total broadband net customer additions of 560 thousand, up 34% year-over-year, best in industry, including 506 thousand 5G broadband net customer additions, up 22% year-over-year, and 54 thousand fiber net customer additions
Translating Industry-Leading Customer Growth into Durable and Profitable Financial Growth

Service revenues of $18.2 billion grew 9% year-over-year, best in industry growth
Postpaid service revenues of $14.9 billion grew 12% year-over-year, best in industry growth
Strong Net income of $2.7 billion and diluted earnings per share (“EPS”) of $2.41
Core Adjusted EBITDA(2) of $8.7 billion grew 6% year-over-year, best in industry growth
Net cash provided by operating activities of $7.5 billion grew 21% year-over-year
Adjusted Free Cash Flow(2) of $4.8 billion
Extending Overall Network Lead with Best Assets, Customer Centricity and Technology Leadership

Recognized by Opensignal as the 5G Global Winner in 5G Coverage Experience and Global Leader in 5G Reliability, including outperforming other US operators; T-Mobile also ranked the #1 FWA carrier for Consistent Quality and Reliability
Fastest provider in Fixed Wireless Home Internet with median download speeds nearly 50% faster than next closest peer, based on our analysis of Ookla data
Ongoing momentum in network perception with lots of room to run, with highest ever switching consideration based on overall network quality in Q3 and lots more runway ahead
iPhone 17 is fastest on T-Mobile’s network with median overall download speeds nearly 90% faster than one benchmark competitor as we continue to expand our network leadership with industry-leading deployment of new technologies (e.g. L4S deployed on all 5G sites with efficient capacity allocation; ~70% of sites supporting 5- and 6- carrier aggregation)

One board member’s vote represents the opinion of 10,846 T employees.

Do they represent your thoughts about the current state of the company?

Next stop: sub $20. RTO isn’t working… time to adjust plans and policy in order to save this sinking ship

Has anyone heard of any big leaders "retiring" or leaving the company?

It would seem this is a poorly kept secret that Verizon Connect likely will be sold. Recent activity by leadership looks like they are best positioning the company's cash position and unexpected re-alignment internally. The stars are aligning.

Do I need to worry about layoffs? From what I’ve heard, it’s usually the people who’ve been here much longer. On top of that, my pay is so low it’s hard to imagine I’d be considered a big cost to cut.

just saw someone crying :(. 7-3

Loved how on yesterday’s internal earnings call Stank opened up with T missing its cashflow plan so bonuses may be impacted. Seriously? You can’t manage cashflow so make the employees pay? Also loved the comment about using corporate tax reductions for “other purposes”.

Stank - it’s time to go.

Lo

Has anyone received their notification yet?

How is it team gets favored nation and can work from Guam and its Hunger Games fort rest of us for parking and desks? My team drown in first wav and lost quality but these headfaker harbors deadweight wearing Hawaiian shirts and drop sand from there flip flops for monthly checin?

Amdocs was founded in Israel in 1982, and partially acquired by SBC in 1985.
What they don’t tell you, is the project that led them to being acquired so fast, was actually the first android project in the world, called Project Stank.
It’s not publicized, because the android they created, could only sh-t out of his mouth, and not his a-s.
However, there was a problem with Project Stank’s gastrointestinal system, leading to the android only being able to say the word, “Fiber”.
Amdocs sold the project to SBC and it is now our CEO

RTO is really working!
“If you don’t like it leave” is apparently the same thing baldy said to our customers, and they’re leaving.

RTO to blame?

Stankey tried to put lipstick on a pig but wallstreet isn’t falling for it.

Down another 5% at the open.

When will the dysfunction end?!?!?

So they just closed down our office in Milpitas, some people found a spot at local yards, others are just WFH until Santa Clara office opens in February of next year. Funny how WFH is only used when convenient for the company.

You heard it here first. You have been WARNed.

ANZA has deleted many working staff via redundancy due to the excuse that there is no work forecast.

Will any of the leadership team or line managers be removed ?
If there is no work, why are account managers and sales executives needed ?

Should ANZA stop sending executives to junkets such as Mobile World Congress and Telecommunications Industry Excellence Awards ?

Seeing posts asking questions about pensions/retirement. I always go to them every couple of years to get an update on where I am. They can’t predict future changes in policy or your financial behavior but always felt like I was at least taking my yearly physical. With so many companies downsizing you probably shouldn’t wait until something happens in this current economy to get a decent reality check.

🚨 Rumor alert! Word on the street is NO BONUS this year for employees. 😡 What’s the tea? Spill it! #NoBonusBlues