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Embarq Tries, Fails To Sell Self
Thanks to the untimely implosion of credit markets...
According to the Wall Street Journal, Sprint spinoff Embarq put themselves up for sale right about the same time the country's financial markets imploded, resulting in the sale going nowhere. According to the Journal, Embarq hired investment bank JP Morgan Chase & Co. to explore a sale of the company, but credit problems have made it almost impossible for interested parties to finance a deal. Apparently Windstream (who has also been rumored to be interested in Frontier) was among the top companies interested in acquiring Embarq. Qwest is also thought to be a potential partner but with plummeting stock value, the company would need a serious injection of cash.
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en102
Canadian, eh?
join:2001-01-26
Valencia, CA

en102

Member

Welcome to the credit market failure

Even though good deals may be available.. unless you have cash, nobody's going to be purchasing other companies, unless its through government intervention, or chapter 13 liquidation.

cyboid
Got Boost ?
Premium Member
join:2002-04-08
Medford, OR

cyboid

Premium Member

Cash only

And even then they'll check the bills to make sure they aren't counterfeit.

MrMoody
Free range slave
Premium Member
join:2002-09-03
Smithfield, NC

MrMoody

Premium Member

Qwest

(prays) Please not Qwest, please not Qwest, please not Qwest ...

tshirt
Premium Member
join:2004-07-11
Snohomish, WA

1 edit

tshirt

Premium Member

Re: Qwest

Don't worry, Qwest doesn't/didn't even have the credit rating to buy them before the "september suprise" (no one watching the market should have been suprised )
now they're lucky the power company hasn't cut them off. (yet!)

Cheese
Premium Member
join:2003-10-26
Naples, FL

Cheese

Premium Member

Maybe..

Verizon can buy them and bring FIOS here!

MrMoody
Free range slave
Premium Member
join:2002-09-03
Smithfield, NC

MrMoody

Premium Member

Re: Maybe..

Verizon would be great for a lucky few, and virtual abandonment for the rest of us.
iansltx
join:2007-02-19
Austin, TX

iansltx to Cheese

Member

to Cheese
I'd go for Windstream buying Embarq. The markets are similar, the network topology isn't that different, pricing of services are reasonably close. What's not to like?

Though if anyone buys it'll be interesting to see what happens to the network topology on the backbone side...if WS were to buy things would have to be switched from SprintLink to Level3. If Qwest bought (oh noes!) things would be switched onto their network, which, to be frank, itsn't that great.

I'd just see it as odd if Qwest actually did buy...Embarq is all over the place as far as places covered go, and Qwest...well...isn't. You've got a contiguous Bell buying what ends up being a bit of a CLEC...*shrugs*

Don't think Verizon would buy. But WS on the other hand...too bad they don't have 896k upload. At least download is good and they overprovision so you get what you pay for. Unlike...ahem...Qworst!

FFH5
Premium Member
join:2002-03-03
Tavistock NJ

FFH5

Premium Member

Re: Maybe..

said by iansltx:

Embarq is all over the place as far as places covered go
»en.wikipedia.org/wiki/Em ··· ompanies
The Embarq Operating Companies are telephone companies owned by Embarq that serve the regions in 18 states formerly served by Sprint, United Telecommunications, and Centel. They include:

* Carolina Telephone and Telegraph Company d/b/a Sprint Mid Atlantic- United Telephone Operations in North Carolina
* Central Telephone (Centel) of Virginia, Inc.
* Central Telephone Company of Texas
* Central Telephone Company - Nevada
* Centel operations in North Carolina
* Embarq Florida, Inc. (formerly Sprint - Florida, Inc. - Created in 1996 and United Telephone Company of Florida prior to 1996)
* Embarq Minnesota (formerly United Telephone Company of Minnesota)
* Embarq Missouri (formerly United Telephone Company of Missouri)
* United Telephone - Southeast, Inc. - Virginia, Tennessee
* United Telephone Company of the Carolinas (formerly United Telephone Company of South Carolina)
* United Telephone Company of Ohio
* United Telephone Company of Indiana
* United Telephone Company of New Jersey
* United Telephone Company of Pennsylvania
* United Telephone Company of South Central Kansas
* United Telephone Company of the West - Nebraska, Wyoming
* United Telephone Company of Texas
* United Telephone of the Northwest - Oregon, Washington
iansltx
join:2007-02-19
Austin, TX

iansltx

Member

Re: Maybe..

Sounds a lot like Windstream now...I know of two companies that definitely have been absorbed into the big green truck as of late...I take this to mean you agree with my statement?
DarnellP
join:2004-10-12
Las Vegas, NV

DarnellP to Cheese

Member

to Cheese
said by Cheese:

Verizon can buy them and bring FIOS here!
EXACTLY what I was thinking/hoping excpept I envisioning Las Vegas, NV instead of Naples, FL.

besides the credit crunch, of course, why shouldn't Verizon buy Embarq? with VZW's upcoming purchase of Alltel, they've shown that they want to become as large as the government will allow. And yes I know that wireless division is separate from the landline division, but they're both greedy all the same.

Mactron
el Camino Real
Premium Member
join:2001-12-16
PRK

Mactron

Premium Member

Re: Maybe..

said by DarnellP:
said by Cheese:

Verizon can buy them and bring FIOS here!
EXACTLY what I was thinking/hoping excpept I envisioning Las Vegas, NV instead of Naples, FL.

besides the credit crunch, of course, why shouldn't Verizon buy Embarq? with VZW's upcoming purchase of Alltel, they've shown that they want to become as large as the government will allow. And yes I know that wireless division is separate from the landline division, but they're both greedy all the same.

Verizon is reducing their wired footprint. Hawaii, NE states come to mind ? Increasing their wired coverage is for their major profit center now. Sorry, I seriously doubt your dream will come true.

Jovi
Premium Member
join:2000-02-24
Mount Joy, PA

Jovi to Cheese

Premium Member

to Cheese
said by Cheese:

Verizon can buy them and bring FIOS here!
Here! Here! Verizon is all around my area and a few towns are stuck with Embarq. I hope Verizon sucks this little area up quick.

Mahalo
join:2000-12-20
united state

1 edit

Mahalo

Member

Please buy them.....someone.

In FL, these guys are the worst. Service & price.

I hear so much of one telco buying another. Last year it was TWTC and Qwest. Now it is Level3 and TWTC. It will be all one big telco in the end...just like it started.

To me it would make good sense for L3 to buy them so they get a bigger market share on the west coast of FL.

I hope not VZ...just got too big.
DarnellP
join:2004-10-12
Las Vegas, NV

DarnellP

Member

Re: Please buy them.....someone.

said by Mahalo:

In FL, these guys are the worst. Service & price.

Here in Vegas, Embarq's DSL service is actually pretty good and reliable...The ONLY reason why I wouldn't mind having Verizon take over is for Fios.

Mahalo
join:2000-12-20
united state

Mahalo

Member

Re: Please buy them.....someone.

My comments were not from a consumer side but a business. Half of my remote sites are in Embarq area and the service we get wtih them is less than to be desired.
In one case I have a 6 node MPLS with them and they have all the connections going back to one core because they cant get it to work when they plug a site into another core. Not good.
I have gotten DSL from them a couple of times for some events and they do know what they are doing there.

teleboy1
@bellsouth.net

teleboy1

Anon

maybe.........

what about centurytel?

Fox McCloud
Crazy like a fox.
join:2006-07-23

Fox McCloud

Member

Ruh-roh

I sure hope Embarq doesn't get bought out...at least, not until they deploy a DSLAM at my fiber-fed remote terminal (HINT HINT!)...otherwise, I fear, I'll never get DSL, and will be stuck with my ever increasingly problematic EVDO service until I get so mad I switch to satellite or back to dial-up (or XOHM takes off and eventually becomes available here...which, given the speed at which EVDO was deployed, would probably take about...3-4 years, at best).

Too bad I wasn't some mega-rich billionaire; I'd purchase this company, just to save it from anyone else (then do a thing or two to improve service ).

oolisfast
@optonline.net

oolisfast

Anon

that would be sweet,maybe Verizon could buy Embarq and Quest

that would be sweet,maybe Verizon could buy Embarq and Quest. I would like to see that too, seen a few posts on here of people hoping for FIOS in those areas. This might be the best time to do it too.
Rob_
Premium Member
join:2008-07-16
Mary Esther, FL

1 edit

Rob_

Premium Member

Re: that would be sweet,maybe Verizon could buy Embarq and Quest

i'm praying verizon buys them too.. I WANT FIOS!!! SPEED SPEED /me drools!!!!!!!

(and yes, this having million dollar homes, this area would be a contender for FIOS but our street would be dead last)

-Rob

fifty nine
join:2002-09-25
Sussex, NJ

fifty nine

Member

Re: that would be sweet,maybe Verizon could buy Embarq and Quest

I would love for Verizon to buy them and bring FiOS here... It would be bye bye PTD!!!
theDUDE8
vote with your wallet
join:2008-05-10
Wytheville, VA

theDUDE8

Member

crazy idea or 2

Get this. What if a company like Clearwire had the capital for the buyout. Use the existing backbone then add towers where needed to get full coverage. CLEARBARQ?

Ok, here's another one. A japanese company such as KDDI who along with the 10mbps offers 100mbps symmetrical! Sure it would take awhile but they have proven they got their s@%&@ together.

NoMoney4u
@embarqhsd.net

NoMoney4u

Anon

I'll buy it

Let me see how this works. I create a corporation so I am protected against losses, pay myself 4-5 million per year. Borrow money and get investors, buy a company.

Win or loose I win!

cmcgilton
join:2001-03-14
Stow, OH

cmcgilton

Member

Verizon is Not Interested In Buying Any More Wireline

A buyout from Verizon (wireline) is not going to happen. Verizon (wireline) is not interested in any more wireline properties. In fact, it will continue to sell off it's wireline business.

Titus
Mr Gradenko
join:2004-06-26

Titus

Member

Why can't DSL turn profits?

What's the problem? Landline DSL, when done properly, is superior to cable and can be attractively priced/tiered. The phone part is another matter, but naked DSL? What is it about increasing infrastructure (financed by reduced rates/tiers) that's not doable?

Can someone with more knowledge explain it to me? You offer up tiers from 768 to whatever and undercut cable at every turn. In this economy a naked 768 tier at, say, $19.95? What's not to like when people are cutting costs everywhere?
--

shadowfax
Premium Member
join:2007-01-06
Lexington, KY

shadowfax

Premium Member

Re: Why can't DSL turn profits?

Windstream has been offering a naked DSL type service called "Greenstreak". Its basically DSL, with free incoming calls, and .10/min outgoing local calls, along with 911 access. Its about 20-25$ cheaper per month than a tradition al land line with DSL. If Windstream can buy out EMBARQ, than expect to have this service available to you.

Titus
Mr Gradenko
join:2004-06-26

Titus

Member

Re: Why can't DSL turn profits?

Thanks for the info!
I just hope the overall service is as good if they take over
--
phone man6
join:2008-10-08
Tavares, FL

phone man6

Member

QWEST??

I sure hope those bunch of vultures don't try and buy us....used to work for US West and then it got taken over by Qwest and the company went straight into the toilet and has stayed there ever since....

just interested
@verizon.com

just interested

Anon

verizon can make a profit

It isn't that Verizon doesn't want landlines, they just don't want rural copper landlines!!!! They want to overlay all highly people concetrated areas where they can affordably lay fiber to the premise. And dump as much copper as possible.