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Comments on news posted 2008-03-31 13:37:52: Verizon and Fairpoint Communications have officially closed the deal on Verizon's transfer of their phone & DSL networks in Maine, New Hampshire and Vermont to Fairpoint Communications (1. ..

page: 1 · 2 · 3 · 4
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Pathfinder
Dazed Confused
Premium
join:2000-03-26
Mount Vernon, NY
Good

Now all those who were screaming to get rid of New Englad Tel./NYNEX/Bell Atlantic/Verizon should be very happy.


swintec
Premium
join:2003-12-19
Alfred, ME
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 Wheres My DSL!!

Why dont I have DSL available to me yet Fairpoint? All joking aside, clock starts now in my book. I do not even have landline service from the phone company so I wont be able to watch the bill rise, but I will keep a lookout for DSL availability.
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ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
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All that will happen...

is Fairpoint will go under and Verizon will buy the entire area, and then some, back even cheaper than what they sold it for. So they will get the area cheap and still get to keep all the tax benefits and other write offs from the sale.

It is definitely a win/win for Verizon.


TKJunkMail
Enjoy the sun
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join:2002-03-03
Avalon, NJ
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reply to Pathfinder
Re: Good

said by Pathfinder See Profile :

Now all those who were screaming to get rid of New Englad Tel./NYNEX/Bell Atlantic/Verizon should be very happy.

»www.youtube.com/watch?v=G_HTus_MZes


The Verizon stockholders are happy. They gave up no Verizon stock and get 60% of $270 million Fairpoint.
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WhyUs

@harvard.edu
reply to Pathfinder
Fairpoint will be bankrupt in under a year, Hell the've gone bankrupt twice before and New England will be lucky to get tin cans and a string for service.


KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
reply to TKJunkMail
The slavesumers got bent over--- again.


VWSpeedRacer

join:2002-10-06
Essex Junction, VT
clubs:
The good times are over!

I predict that Comcast will be the more affordable option pretty soon.


supergirl

join:2007-03-20
Pensacola, FL
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reply to ropeguru
Re: All that will happen...

said by ropeguru See Profile :

is Fairpoint will go under and Verizon will buy the entire area, and then some, back even cheaper than what they sold it for. So they will get the area cheap and still get to keep all the tax benefits and other write offs from the sale.

It is definitely a win/win for Verizon.
OMG!!! They finally sold it to Canada! Well, that's where people down South think Maine is just like they thought, "Why is that Canadian Mitt Romney running for President?"
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ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
·VOIPo

said by supergirl See Profile :

said by ropeguru See Profile :

is Fairpoint will go under and Verizon will buy the entire area, and then some, back even cheaper than what they sold it for. So they will get the area cheap and still get to keep all the tax benefits and other write offs from the sale.

It is definitely a win/win for Verizon.
OMG!!! They finally sold it to Canada! Well, that's where people down South think Maine is just like they thought, "Why is that Canadian Mitt Romney running for President?"
Where in the he!! did I mention Canada and did I even imply that Maine was part of Canada. And get rid of the attitude of that everyone "down south". Just because you 'up north" have your noses so high in the air doesn't mean we don't know geography. But hey, you might as well belong to them anyway!!!

Kearnstd
Elf Wizard
Premium
join:2002-01-22
Mullica Hill, NJ
600mil tax write off why?

didnt they sell something? shouldnt they have to infact pay tax on that sale? i mean if i sold my car New Jersey would expect me to declare that income.
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whiteyonenh

join:2004-08-09
Keene, NH
clubs:
·RoadRunner Cable


1 edit
reply to supergirl
Re: All that will happen...

said by supergirl See Profile :

OMG!!! They finally sold it to Canada! Well, that's where people down South think Maine is just like they thought, "Why is that Canadian Mitt Romney running for President?"
HAHA! That is so true!

On a serious note, this sale is what I believe to be a screwing of the VT, NH, ME consumers. Glad I don't do any business with either company, and nor will I ever as long as my cable internet continues to blow them away. Go TWC and Sprint SERO!

EDIT:Spelling

shit

join:2003-07-14
Skowhegan, ME

reply to VWSpeedRacer
Re: The good times are over!

It's time to enter the communications dark ages...

Hopefully my internet bill won't go up, I remember when they ended line sharing a few years ago, and my bill from GWI(independent isp) went up by $5. Hopefully we won't have to face another increase like this again. As far as fiber goes, it will be up to the independent companies or the government.


swintec
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Alfred, ME
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reply to Kearnstd
Re: 600mil tax write off why?

said by Kearnstd See Profile :

didnt they sell something? shouldnt they have to infact pay tax on that sale? i mean if i sold my car New Jersey would expect me to declare that income.
To us mere mortals, yes we do, if you are a big corporation, you are above everything.
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OSUGoose

join:2007-12-27
Columbus, OH
clubs:
reply to ropeguru
Re: All that will happen...

uh...shes from FL too re re.


Matt_

@comcast.net
Comcast New England waiting to Pounce?

I Wonder if the execs at Comcast are just waiting for Fiarpoint to fail in New England so they can buy the lines at a steal and have the market to themselves


Boogeyman
Drive it like you stole it
Premium
join:2002-12-17
Huntsville, AL
reply to OSUGoose
Re: All that will happen...

Shes from NORTH Florida though. That few hundred miles makes a difference ya know :P

Sammer

join:2005-12-22
Canonsburg, PA

reply to Kearnstd
Re: 600mil tax write off why?

said by Kearnstd See Profile :

didnt they sell something? shouldnt they have to infact pay tax on that sale?
Technically it's a reverse morris trust where Verizon spun something off to their shareholders rather than a sale.


Boogeyman
Drive it like you stole it
Premium
join:2002-12-17
Huntsville, AL

reply to swintec
Maybe BBR should incorperate so we can all enjoy tax breaks. We can be like every other company, just make up important sounding positions and viola, we're all important executives. I want to be Executive in charge of the Procrastination. Anyone who wants to procrastinate, file the paperwork and I'll get to it when I feel like it But go ahead and procrastinate, because I'll just keep putting off reprimands for unauthorized procrastinating.

Seriously though, that is complete and utter CRAP that they dont have to pay taxes on the sale. I think there should have also been a clause saying that they couldnt ever buy it back if it was up for sale later.


Boogeyman
Drive it like you stole it
Premium
join:2002-12-17
Huntsville, AL
reply to Sammer
I have no idea what that means. Can you elaborate?


ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
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reply to Boogeyman
Re: All that will happen...

said by Boogeyman See Profile :

Shes from NORTH Florida though. That few hundred miles makes a difference ya know :P
hehehe... I am used to S. Fl where the demographics are those from other countries to the south and those states and countries north of the Mason Dixon line.
Forums » Verizon Sells ME, NH, VT Networkspage: 1 · 2 · 3 · 4


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