Fairpoints cheif gets a nice little salary bump and they are in trouble of going bankrupt!

The puc is a putz agency, and the benchmarks we pay the puc to set-up is confidential, come on.

FP knows what is wrong and what to do. They just can't spend the cash prior to failures in service and networks because they are surviving. literally, from monthly customer receipts it appears now. And interest to borrow large amounts will be unrealistic especially based on their current rating.

Then problems burst into major service interruptions and they end up bleeding more cash than if they would have been proactive and done something earlier, but again they couldn't borrow more. And now the credit firms have them on bankruptcy alert.

The puc is not the folks that we need to have over sight know, we need the fcc to step in and congressional leaders too. This is like a teenager stepping in to become the parent in an already parentless family, good intentions maybe but the road to good intentions........

So If they collapse public safety is at risk and I would like to see what the disaster plan if there more major network infrastructure failures.

They never should have been allowed to replace the verizon network with their own as they have never had experience nor the senior management talent to run an organization like this.

Again, the management of a mardens for example could not run walmart and it would make us say, how could mardens ever come up with cash needed AFTER the sale too to implement such an undertaking? And neither did fp have access to enough money to do it either

I think Verizon unloaded an aging business to Fairpoint because they knew it was a failing business model. Notice, Verizon did not sell their cell phones alone with the landlines.

People in this area now use cell phones for hi speed internet access with the new technology that allows broadband Wi Fi Internet through the airwaves via an inexpensive, 300K, wireless device, which can be bought at Best Buy, along with a service contract. US Cellular will offer it this summer through the same plug in USB modem, which is the size of a tiny candy bar.

Most people, including elderly people, usually the last ones to hook on to new technology, all use cell phones. Many people have canceled their landlines, or only use it for Internet service, which can now be easily had with cable or satellite services.

In effect, Verizon got rid of a losing business proposition up here in rural New England, and Verizon is smiling, all the way to the bank, ALL OF THE BLAME IS FIXED ON FAIRPOINT. :)

Only seems appropriate for Faipoints credit rating to be in the same condition as it's service.

"Since the acquisition, the company has struggled with the poor economy and operational problems that have increased expenses and caused it to delay pushing out new products and services to lure new customers."

Fairpoint needs to stop blaming the economy - - people are still using phones and the internet. The P.U.C. let them make a deal they were financially not able to handle, nor did they have the staffing that would be needed to handle such a purchase. Bottom line: Fairpoint messed up. It is not Verizon's fault, so stop blaming them. (This is no different from someone going in to an established business and buying them out with all these grand ideas, but not having the experience to run the established business and not having enough money for expenses/repairs and the business ends up going belly up within a very short amount of time.)

Fairpoint lost a tremendous amount of internet business as many customers switched to other providers when it was apparent they could not provide & maintain services (many customers could not access email or internet during the switchover). Operational problems were due to lack of employees, lack of training, and inability to handle such a large purchase due to inexperience (thinking they could just take over and everything would work out fine, and not having sufficient money to handle operating expenses and KNOWN needed upgrades as their equipement would not be able to handle such a large service area).

Fairpoint AND the P.U.C. both need to "man up" and admit they made a mistake. A very BIG mistake. Now, they need to fix it.

Fairpoint is in trouble...... we were told that they counld'nt handle it, guess they were right. With TimeWarner Cable starting phone service a lot of areas with better prices and it looks like better service they are in a real pickle!

Did we not see this coming?? Fairpoint should have never bought Verizon Communications’ landlines. Fairpoint can not deal with the size. I say good riddens.

I wonder how helpful the unions are in all this.

time warner sucks too so dont give them credit

More to come!!!!!!!!!!!

Verizon wireless and at & t just announced that Verizon is selling w million wireless customers, wireless infrastructure in 18 rural states markets. Want to bet one if the states in maine?

See after verizon dumped the land line business and made millions, they used this cash to firm up it's profitable regions and also using the cash to expand fios in the same profitable areas.

At&T coverage in rural states stinks and so it may be better fir at&t customers but with less choices fir carriers prices may gi up.

wow fred havent heard that yet.

I switched to Time Warner when this all started and I absolutely LOVE it. The internet rocks and the phone and tv are great. Fairpoint is still sending me monthly bills, amusing. They really need to get their **** together.

Verizon $2.35-billion-cash deal will result in AT&T's acquisition of Verizon's wireless assets in 79 rural territories of Colorado and 17 other states. As a result, nearly 1.5 million Verizon subscribers will now need new phones to be shifted to the network of AT&T - the country's biggest telecommunications company. The mentioned service territories were sold by Verizon Wireless in order to meet the regulatory stipulations of its Alltel Corp takeover; and the Dallas-based AT&T emerged the predictable winner of the auction for Verizon's assets. While most of the areas relinquished by Verizon are essentially Alltel territories overlapping Verizon's coverage, some of the territories also fall in the coverage area of Rural Cellular, the carrier Verizon acquired last year.

So the ? is, the old unicel deal means maine verizon wireless base will be sold too?

i dont care donelly what you think about time warner they still SUCK. ITS JUST A LONGER NAME SINCE THEY TOOK OVER FROM ADELPHIA, BUT SAME ARSEHOLES

dkenzie must have been disconnected . hey- good service for me and my family, sorry you had a bad one but Time Warner is great as far as I am concerned

no donelly i stll have cable throught them but when we lost our phone service due to them blaming it all on fairpoint then that is when i got pissed. You call you and compalin and they blame it on fairpoint. LIke i said its same company just a logner name

one solution: go back to Fairpoint. And btw- good luck with that!

not going back to fairpoint either. Got a better company that is much better than time warner (or should i say adelphia) and they are much cheaper and much nicer and dotn blame chit on fairpoint