debt tag
11 result(s) displayed for debt (1 - 11 of 11):
Buying or Being Bought: Sprint
In March, Craig Moffett of Bernstein Research announced that Sprint would end up in bankruptcy. MSN reports, "After assigning a 50% likelihood in March that Sprint would end up in bankruptcy as it raced to build a national wireless network...
It's Re-Fi Month
The CFO's must have seen the low mortgage rate that Mark Zuckerburg received and decided the capital markets were friendly.There is a lot of debt in telecom - some of it is refinanced for better terms, some to push the...
7.5 Things Affecting the Channel
There have been some changes in the Channel. Agents need to pay attention because this will result in even more changes in the Channel! Windstream laid off their Channel Chief, Dan Sterling. Windstream has been trimming the management fat this...
US Government Suing AT&T for Fraud
Is Fraud rampant at Ma Bell?ARS wrote an article titled, AT&T collected millions from taxpayers in fraudulent charges, US says. "AT&T improperly received millions of dollars from a government reimbursement fund by ignoring fraudulent use of the IP Relay call...
T-Mobile Layoffs Called FCC's Fault
This makes me laugh. AT&T's SEVP for external and legislative affairs, Cicconi, wrote a post for AT&T's Public Policy blog last week that again attacked the FCC. AT&T blames any T-Mobile Layoffs on the FCC.Really?It's not the fault of T-Mobile...
Telecom Debt
It’s amazing how much debt there is in telecom.AT&T and its assorted subsidiaries owe $65B.According to Zacks, “the Debt to Asset ratio shows the proportion of a company’s assets that are financed through debt. If the ratio is greater than...
Rural ILEC Strategy
You have probably read about the unemployment rate. I would love to know how many jobs that the ILEC’s have shed in the last 3 years. 75,000? Probably more. Verizon has shed over 25,000 themselves in the last 3 years....
Debt and Finances
I'll readily admit that I am not a financial wizard. I am risk adverse and think that playing the stock market is like a casino (the deck is stacked against you). Then I read The Big Short by Michael Lewis...
Verizon Profits Down
After dumping New England on Fairpoint and cashing in on that garage sale, Verizon bought Alltel. Now it is dumping more rural lines on Frontier. All of this is just Verizon's way of shoring up its stock report. Without the...
Level3 Stock in Trouble
Rocky Mountain News reports that Level3 "remains unprofitable, mired in more than $6 billion in debt, and shares have fallen to less than 70 cents. Ordinarily, Level 3 stock would be delisted, but Nasdaq has suspended the $1 minimum requirement...
Sprint is at risk of default
According to Businessweek, telecom could get squeezed by the credit crunch - and Sprint could get hurt the most....
