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On the heels of a recent $310 million judgement in favor of bond holder Aurelius Capital Management, Windstream Holdings Inc. filed for Chapter 11 bankruptcy protection on February 25. The bankruptcy filing, which was widely expected given the recent Aurelius judgement (which Windstream has since appealed), alongside more than $5.8 billion in debts that the rural phone company had racked up over the last several years, means that Windstream will continue operating through a multi-year financial restructuring plan. As with virtually all bankruptcy filings, the only winners in this disaster will be select Windstream executives and managers who get to keep their...

27 February, 2019 /

We are well on the way to a work landscape where remote and mobile workers won’t be the exception, but instead will be the norm. Here are some of the eye-opening statistics:55% of workers now telecommute full-time. (Source: AND CO)90% of mobile workers plan on working remotely for the rest of their careers. (Source: Buffer)By the year 2020, 72% of the workforce will be partially or fully mobile. (Source: IDC)48% of workers don’t think traditional offices will exist by 2021. (Source: com)Employers save an average of $2,000 in real estate costs for each mobile worker. (Source: Stanford University)Mobile workers are...

26 February, 2019 /

There is growing speculation that a Windstream bankruptcy and massive downsizing is imminent in the wake of a devastating court ruling, which was handed down by the U.S. District Court of the Southern District of New York on February 15. The Story So Far The court ruled that in 2015 when Windstream spun out its internally-managed real estate trust Uniti Group, that it improperly transferred over $300 million worth of assets that served as security for bonds issued by Aurelius Capital Management LP. Uniti Group is Windstream’s largest customer, with assets that include over 4 million fiber strand miles and around 850...

21 February, 2019 /

We’ve all heard of soft skills, software, softball, and of course, everyone’s favorite: soft serve ice cream. But softphones? For many people, this term is not part of their vocabulary — yet.For starters, no, this is not some kind of Nerf-inspired phone that people can use to make calls one minute, and kick across the room the next (although the inventors out there might want to take a run at this, because it would be a bestseller).Rather, softphones are software apps that let people make and receive calls on the cloud phone system network across various devices, such as their...

15 February, 2019 /