Opticwonders
Premium
join:2009-03-31
united state | No surprise here...
Fairpoint stinks.... what more is there to say about it. |
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Kithron
Premium
join:2005-08-30
Endicott, NY | Not surprised either...was matter of time before they fell apart. |
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cableties
Premium
join:2005-01-27 | Failpoint
Hire outside software peeps??? Huh? That is exactly what Failpoint did, and it shows.
Somewhere, there is a little snickering laugh, in a men's room stall, at Verizon corporate...
--
Weeeeeeee! |
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lvas
join:2001-05-17
Glen Carbon, IL
| I luv it. Most of you pinheads on dslreports just luv to complain about the baby bells and you moan that they are so terrible etc.
so here is a prefect example that its not as easy to Run a Telco company as you may think. Fairpoint has a captive audience in its customer base as rual folks don’t have a lot of choices – and they still are messing it up. |
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fruitybats
@rr.com | Humm...
I moved down to the "backwards" deep south and I get RR turbo (15/2) while all those "progressive" folk in N.E. get... this? |
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S_engineer
join:2007-05-16
Chicago, IL
 ·Comcast
| reply to lvas
Re: Failpoint
said by lvas  :I luv it. Most of you pinheads on dslreports just luv to complain about the baby bells and you moan that they are so terrible etc. People complain because everyone, except the regulators that allowed it, knew this was coming. Nobody says its an easy task to run a telco. Its just the exact opposite. This is why people complained about this aquisition...everyone knew it was doomed from the start! |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | reply to lvas
the Fairport deal was HORRIBLE for everyone except Verizon. everyone could see this, and now reality is setting in. |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
·Comcast
|  Liberty Consulting Group
The consulting company which this news item is based on makes their living by targeting utilities. To call them independent is kind of misleading.
»www.libertyconsultinggroup.com/r···ews.html
Liberty has become a leading source of expertise in examining the effects of holding-company financial distress on utility subsidiaries.
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My BLOG .. .. Internet News .. .. My Web Page |
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mrkevin
Knowledge comes, but wisdom lingers.
Premium
join:2007-08-07
Aurora, ME
clubs:
·US Cellular
 ·Dish Network
 ·magicjack.com
 ·Rivah.net
| rural broadband in Maine
I work for one of the independent phone companies up in Maine. We have offered broadband for the past 8-9 years. In fact we are starting our FTTH transition and within 3 years will have a complete FTTH outside plant (in RURAL Maine)
We are also considering offering broadband into FairPoint's territory that borders us so there is hope for a couple Fairpoint customers that don't and won't see broadband for 10-15 years under FairPoint. |
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mrkevin
Knowledge comes, but wisdom lingers.
Premium
join:2007-08-07
Aurora, ME
clubs:
·US Cellular
·Dish Network
·magicjack.com
·Rivah.net
| It's not all bad
Union River Telephone Co. is part of a group of rural telephone companies that is leading the way in deploying technology that will enable their customers to have state of the art voice, video and data service.
We will be the first telephone company in the Northeast to replace its’ copper plant with fiber plant and provide FTTH service to both business and residential customers. We believe that a fiber based system is imperative to the area’s growth and economic prosperity. |
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tschmidt
Premium,MVM
join:2000-11-12
Milford, NH
 ·Hollis Hosting
·Verizon Online DSL
·Fairpoint Communic..
| Too Soon to Tell
Transition to FairPoint from Verizon has been rocky. It is unclear if this is simply inevitable teething problems or signs company is incapable of managing acquisition. It is easy for those of us on the outside, frustrated with service problems, to underestimate scope of the transition.
Regulators were between a rock and a hard place (to coin a phase). It was clear Verizon was not interested in servicing northern NE. They had the option to either block sale or allow it to go through and hope FairPoint was up to the challenge.
I think we need more time to see how things work out. A major concern is higher then expected lose of landline customers due to frustration with transition. FairPoint has to curb the bleeding and roll out broadband to retain customers. The difficult part will be raising enough capital to increase footprint.
I'm keeping my fingers crossed they will be successful.
/tom |
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PoloDude
Premium,VIP
join:2006-03-29
East Northport, NY | Buy Back
Watch VZ come back in and buy it back under a rescue agreement for dimes on the dollar. |
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tschmidt
Premium,MVM
join:2000-11-12
Milford, NH | reply to TKJunkMail
Re: Liberty Consulting Group
Interesting never heard of them.
Kind of curious all their web pages are: "Copyright © 2004 The Liberty Consulting Group" and PDF linked to in home page is also dated 2004. Guess life is slower in the Utility biz.
/tom |
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tschmidt
Premium,MVM
join:2000-11-12
Milford, NH
·Hollis Hosting
·Verizon Online DSL
·Fairpoint Communic..
| reply to PoloDude
Re: Buy Back
said by PoloDude :Watch VZ come back in and buy it back under a rescue agreement for dimes on the dollar. That has always been on the back of everyone's mind. Was sale just a Verizon ploy to shed debt and improve balance sheet?
/tom |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
·Charter Pipeline
·AT&T Southwest
| reply to tschmidt
Re: Too Soon to Tell
said by tschmidt :I think we need more time to see how things work out. what do you believe is enough time? |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | reply to PoloDude
Re: Buy Back
i seriously hope it's not. i would think the IRS would love to reconsider their tax write-off as it's too fishy. |
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tschmidt
Premium,MVM
join:2000-11-12
Milford, NH
·Hollis Hosting
·Verizon Online DSL
·Fairpoint Communic..
| reply to morbo
Re: Too Soon to Tell
said by morbo :what do you believe is enough time? I don't know - depends on what revenue picture looks like. Luckily I'm not a VT/NH/ME regulator trying to deal with situation.
/tom |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County | reply to fruitybats
Re: Humm...
the 'backwards south' likely has a higher population density than most areas of the NE. That not to say that the NE does not have some population centers but the population density of the south is generally higher than the NE. |
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jap
Premium
join:2003-08-10
038xx
·RoadRunner Cable
| reply to PoloDude
Re: Buy Back
said by PoloDude :Watch VZ come back in and buy it back under a rescue agreement for dimes on the dollar. That I doubt. More likely the sale was with knowledge that
1- emerging rural WISP technologies mesh nicely with mobile phone tech & infrastructure,
2- On the wire side of life the trend towards digital telephony ala cable is/was writ large, and
3- northern NH & Maine distances, terrain and weather conspire to make physical lines too expensive to stand up against wireless services. Same in NE VT but, obviously, not in the NW of VT.
Not that VZ is above such shenanigans, but their behavior indicates they want out of copper. When they say emphasis is on fiber & WISP I believe it.
Buying NE leftovers from VZ was a poor deal for anyone. Slow (non-existent?) as the national roll-outs have been I'll still put my money on wireless voice+data overtaking hardline services here in the north country. |
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daveberstein
join:2002-07-15
New York, NY
| Bailout on the Table
Good article; I had forgotten the tax benefit. I can confirm many details. There is a major bailout for Fairpoint and Qwest likely to be announced next Wednesday, plus a huge giveaway to the Bells. (Dropping the non-rural exemption). This is an NOI, but I hear the fix is in to move quickly.
It may not be enough.
Dave Burstein |
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