The July 2010 spin-off by Verizon of its local exchange landline businesses in 14 rural states and communities into Frontier Communications has once again become a hot topic. Back then, the asset transfer included 4.8 million access lines in a deal valued at $8.6 billion. The spin off established Frontier as the nation’s fifth largest… Read More »
Egregious Executive Pay Levels
Another year, another big pay day for the top executives at Verizon, AT&T, and recently bankrupt Frontier. Verizon, AT&T, and the current iteration of Frontier Communications have expanded their listing of executives within their proxy disclosure. The growing roster of the very well compensated even includes several “former” CEOs under consulting contracts. At Verizon, CEO… Read More »
Keep an Eye on Your Retirement Security
The Association of BellTel Retirees all-volunteer board of directors would like to thank all of our members who have already made a contribution in the early portion of 2022. As a non-profit, we run wholly and totally on the support of our members and volunteers. Without you, we are nothing. We are happy to report… Read More »
Give Back, Use Amazon Smile
Are you or members of your family online shoppers? If so, there is an easy way to donate to the Association of BellTel Retirees at no extra cost to you or other shoppers by using Amazon Smile. This program makes it easy for you to donate a tiny bit with each purchase to any non-profit… Read More »
The Small Print of Verizon Savings Plan Shares
When we were employed by Verizon, money from our paychecks could voluntarily be set aside into a Verizon Savings Plan, which was then invested in company stock. Over the years some of us may have sold our stock as it rose and fell. Yet, for those of us who have maintained our shares in a… Read More »
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