FairPoint Communications (Nasdaq: FRP) continues to make progress with expanding broadband availability in its New England territory, reaching additional homes and businesses in New Hampshire including Hampton and parts of Alton, Gilford and Moultonbor…
FairPoint Communications (Nasdaq: FRP) is taking advantage of the wireless industry’s ongoing 4G drive by expanding its fiber to the cell tower footprint in its Maine, New Hampshire and Vermont markets.
Already serving 3G wireless on more than 1,600 to…
Local Bangor, Maine NBC affiliate WLBZ2 notes that Maine has begun construction of their “Three Ring Binder” fiber optic network. Using a combination of $25 million in federal stimulus funding and $7.5 million in private investment, the state is building a 1,100 mile fiber optic network to make it easier to connect rural portions of [...]
Vermont already wasn’t exactly a great state for broadband, given the largely rural state is a ROI nightmare for large ISP bean counters. Their broadband fortunes were recently made substantially worse by Fairpoint Communications, who acquired Verizon’s unwanted New England DSL network, then subsequently imploded under the not so watchful eye of Vermont regulators. Vermont’s [...]
Frontier (NYSE: FTR) finally cleared the last regulatory hurdle in its bid to acquire Verizon’s (NYSE: VZ) rural lines in 14 states as the FCC gave its official approval of the deal late last Friday. The FCC decided to approve the deal because Frontier had agreed to a number of commitments that included, not surprisingly, [...]
FairPoint Communications (FRCMQ.PK) reached another milestone this week in its ongoing restructuring process as creditors and lenders pledged support for the service provider’s Chapter 11 plan. During a hearing held at the U.S. Bankruptcy Court in Manhattan, FairPoint said there weren’t any major objections to its plan, which would effectively put the control of the [...]
Given the company all but imploded after taking on Verizon’s DSL and landline networks in Vermont, New Hampshire and Maine, Fairpoint Communications obviously found it difficult to meet the broadband expansion conditions attached to the deal. Fairpoint will be meeting with Maine regulators next week in part to try and get an extension of the [...]