---------------------------------------------------------------------- Message-ID: <20180329152542.GA8021@telecom.csail.mit.edu> Date: Thu, 29 Mar 2018 11:25:42 -0400 From: Bill Horne <bill@horneQRM.net> Subject: Is Frontier Communication's Cup Half Full Or Three-Quarters Empty? By Bill Zettler Summary * Frontier eliminated its dividend adding $190 million/year in cash flow. * Frontier's Convertible Preferred converts in June adding another $214 million/yr. to cash flow. * Beyond dividend savings 2018 free cash flow is projected at $800 million. * Further cost cuts of $160 million expected by end of the second quarter, 2018. * Using these funds to buy back debt could produce a profit by the end of 2018. Frontier Communications (NYSE:FTR) recently announced the elimination of its common share dividend and said it was determined to use that money to pay down FTR's huge debt burden. https://seekingalpha.com/article/4159010-frontier-communications-cup-half-full-three-quarters-empty -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20180329151234.GA7923@telecom.csail.mit.edu> Date: Thu, 29 Mar 2018 11:12:34 -0400 From: Bill Horne <bill@horneQRM.net> Subject: CenturyLink Tries To Escape Pension Benefit Plan Suit By Adam Lidgett Law360 (March 26, 2018, 1:40 PM EDT) -- CenturyLink Inc. on Friday urged a Colorado federal court to toss a proposed class action accusing it and the investment fiduciary of its 401(k) plan of improperly managing and administering the plan, saying the suit's allegations "amount to nothing more than Monday-morning quarterbacking." https://www.law360.com/articles/1025939/centurylink-tries-to-escape-pension-benefit-plan-suit (Registration required to read article) -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20180329152910.GA8038@telecom.csail.mit.edu> Date: Thu, 29 Mar 2018 11:29:10 -0400 From: Bill Horne <bill@horneQRM.net> Subject: AT&T-Time Warner Trial: Turner CEO Highlights Threat of Google, Facebook AT&T-Time Warner Trial: Turner CEO Highlights Threat of Google, Facebook to Ad Business By Ted Johnson WASHINGTON - Turner Networks CEO John Martin, testifying in the AT&T-Time Warner antitrust trial on Wednesday, highlighted a key argument for the merger: The threat coming from Google and Facebook for advertising dollars. "We are not even playing in the same arena," Martin said under cross-examination from Daniel Petrocelli, the lead counsel for the two companies. http://variety.com/2018/politics/news/tat-time-warner-antitrust-turner-john-marti-1202738772/ -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20180329151805.GA7966@telecom.csail.mit.edu> Date: Thu, 29 Mar 2018 11:18:05 -0400 From: Bill Horne <bill@horneQRM.net> Subject: How CenturyLink Could Benefit from its Level 3 Acquisition By Andrew Smith CenturyLink (CTL), an American telecommunications company, completed its acquisition of Level 3 in November 2017. The acquisition could provide CenturyLink with meaningful scale in its Enterprise segment and boost its top line. Two other well-known players in this area are Verizon (VZ) and AT&T (T). CenturyLink's total operating revenue fell ~1.8% YoY (year-over-year) to revenue of $6.0 billion in 4Q17 on a pro-forma basis. https://marketrealist.com/2018/03/how-centurylink-could-benefit-from-its-level-3-acquisition -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20180329153525.GA8092@telecom.csail.mit.edu> Date: Thu, 29 Mar 2018 11:35:25 -0400 From: Bill Horne <bill@horneQRM.net> Subject: AT&T: Cell service outage in Donaldsonville area caused by fiber optic cut in Baton Rouge By David Mitchell DONALDSONVILLE, LA - Some AT&T wireless customers in the Donaldsonville area experienced a service outage Wednesday after a state Department of Transportation contractor cut a fiber optic line on Essen Lane in Baton Rouge, roughly 40 miles away from the Ascension Parish city, authorities said. Though across the Mississippi River, the Donaldsonville outage happened while the contractor was replacing a section of a Baton Rouge sidewalk, AT&T spokeswoman Tarvis Thompson said. http://www.theadvocate.com/baton_rouge/news/article_ea6258aa-32c5-11e8-9a2c-fbf623aa3737.html -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ ********************************************* End of telecom Digest Fri, 30 Mar 2018