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Examples
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The order Friday from the Vermont board called the Fairpoint transaction a "massive and complex undertaking," citing the potential for incorrect bills and the propensity for other customer-service issues if it is completed.
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To obtain a dial tone at my new home took two weeks of calling Fairpoint twice every single day.
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Regulators in both states have taken into consideration fears that customer service will suffer if landlines are snapped up by a smaller company such as Fairpoint, which currently has roughly 309,857 phone lines.
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Companies such as Fairpoint, which owns the Debt Free Direct and Clear Start brands, and Relax Group, which owns the Debtcare, Neville Eckley and The Debt Counsellors brands, are listed on the junior stock market.
This is Money | Home 2009
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The demise of the copper landline is becoming less of a business issue for the big carriers, which have offset landline losses with profits from wireless services and growth from fiber-based offerings, but smaller carriers such as Fairpoint Communications and Windstream will have to figure out how to serve those who don’t want to abandon cheap copper without the benefit of hefty wireless growth.
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When I lived in Russia I had some (Russian) friends in the town of Kaluga who were big fans of the Pogues, Fairpoint Convention, and other similar bands, so this _sort_ of thing doesn't surprise me too much, but I'll be interested to see this stuff.
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This is a tax dodge that Verizon did with Fairpoint that caused Fairpoint to file bankruptcy.
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It sold 1.5 million of them to Fairpoint in 2007, which is now struggling under the burden.
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The deal took Fairpoint, based in Charlotte, N.C., from being a tiny rural operator to the eighth-largest U.S. phone company by number of landlines.
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A review board said it found that FairPoint "had not demonstrated that it would be financially sound as it seeks to operate the newly acquired territories in Vermont, Maine and New Hampshire -- a service territory that has five times the number of access lines as Fairpoint presently has."
Not So Super 2007
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