Telecom

The Liberty House Project

Local IBEW 2320 has initiated a donation drive for the Liberty House that will go through September 29. The Liberty House is a non-profit organization located here in Manchester, N.H. that assists and supports homeless veterans and veterans transitioning out of homelessness. The Liberty House works tirelessly to provide supportive services for those who have…

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Consolidated Communications’ share sale, fiber strategy sets it apart from other RLECs, analyst says

by Sean Buckley |  Jul 14, 2017 12:31pm Consolidated Communications’ shares may have been under pressure—trading down 19% since closing its FairPoint acquisition—but analysts say the move to offload 3.7 million shares could work in the telco’s favor as it enhances its fiber-centric service focus. Citing a source close to the matter, a Bloomberg report revealed that…

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Why so little fuss about FairPoint’s sale?

http://www.concordmonitor.com/telephone-fairpoint-purchase-11129912 By DAVID BROOKS  Monitor staff Monday, July 10, 2017 Ten years ago, when FairPoint Communications said it would buy most of the state’s landline telephones from Verizon, everybody freaked out. It was the biggest story in the state for months, even years, and the air was thick with portents of doom Last week, FairPoint…

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Consolidated, FairPoint close billion-dollar merger deal

The Associated Press  PORTLAND, MAINE Illinois-based Consolidated Communications and North Carolina-based FairPoint have closed on a deal that created a telecommunications company operating in 24 states, including Vermont, New Hampshire and Maine. Shareholders approved the merger on March 28 and financing has been in place since December. All states have provided regulatory approval, as well.…

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Maine regulators, FairPoint agree on $175K settlement

 AUGUSTA, MAINE Maine utility regulators and FairPoint Communications are in agreement on a $175,000 settlement after the company failed to meet performance benchmarks from 2014 to last year. The state Public Utilities Commission’s staff had recommended $500,000 in fines after FairPoint did not meet performance standards established by the panel. The settlement calls for FairPoint…

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UNUM long term disability vote

Just a reminder to attend your unit meetings this month to participate in the UNUM long term insurance vote.   (Keene) June 15 @ 5:15 American Legion (Concord) June 19 @ 5:30 Tandy’s (Laconia) June 20 @ 5:30 American Legion (Dover) June 21 @ 5pm Newicks Lobster house (Manchester) June 22 @ 5:30 Sweeney post…

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Consolidated FairPoint Roadmap: 15 Mbps Capable Connections Will Be Upgraded First

5/10/17 at 8:04 AM by Joan Engebretson Consolidated Communications hopes to complete its acquisition of FairPoint in mid-summer, said Consolidated CEO Bob Udell yesterday. When that occurs, a Consolidated FairPoint roadmap will prioritize upgrading broadband lines currently capable of supporting speeds of 15 Mbps to support 20-100 Mbps, Udell told attendees at a financial conference.…

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FairPoint Communications Reports 2017 First Quarter Results

http://www.nasdaq.com/press-release/fairpoint-communications-reports-2017-first-quarter-results-20170504-00292 By GlobeNewswire,  May 04, 2017, 06:00:00 AM EDT Ethernet revenue was 12.1% of total revenue in the quarter as circuits increased 7.8% year-over-year Revenue of $201.9 million for the quarter Net loss of $23.9 million for the quarter Adjusted EBITDA1 of $63.4 million for the quarter Net cash provided by operating activities of $28.2…

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FairPoint Communications Inc (FRP) Short Interest Down 24.9% in March

April 16th, 2017 – By Teresa Graham – 0 comments FairPoint Communications Inc (NASDAQ:FRP) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 906,751 shares, a decline of 24.9% from the February 28th total of 1,207,515 shares. Based on an…

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