Reviews:
 ·Bright House
| Fairpoint/Verizon merger Fairpoint Communications does have a fiber to the home plan that they are rolling out as we speak in some of their other states such as NC and some more rural towns in New York state. I've been told by a few of my Verizon contacts within New England that Fairpoint will wire this area for fiber as they want to wire all of their customers with fiber. Its just not talked about much because they are much more of a rural phone company so sadly all the news is about Verizon and AT&T when in fact many smaller rural customers are enjoying fiber today before people in big cities such as Clearwater, FL and even Boston, MA can. Fairpoint can now afford to build this network of fiber in all their markets and have a real chance to make a profit too with this influx of money. The latest word that I have with the state of New Hampshire is that Fairpoint is willing to commit via a contract to wire New Hampshire up with fiber within a deadline and keep all current employees hired along with keeping the current union contracts. Again my contacts at the state level have said that Fairpoint has said they will agree to all of those terms. Because of this the state of New Hampshire doesn't see any reason to deny this merger and they feel that both Maine and Vermont won't have any reason either as Fairpoint is willing to agree to the same stuff.
This may slow things down for a year but in the long run we customers will be better off having a company wanting to invest in our lines compared to sticking with a company who doesn't want to stay and wire us up. This is also much better for all other existing Fairpoint customers. Also just so you know this influx of money that Fairpoint will get is more virtual money based on the strength and value of the lines in all three of the states involved. Plus the influx of revenue from these current customers helps too.
Just keep in mind that yes they aren't making out like a bandit but they are going to be much better off on the money aspect than before. |
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 tschmidtPremium,MVM
join:2000-11-12
Milford, NH
kudos:5
 ·Fairpoint Commun..
 ·Hollis Hosting
| Here is a link to the Fairpoint site about this:
»www.fairpoint.com/merger_press_release.html
Interesting they refer to it as a merger rather then a sale. Not sure if I'm reading too much into it.
I'm not familiar with Fairpoint but if their business model is focused on rural areas and they are planning to transition from copper to fiber this sounds positive.
/Tom |
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 batterupI Can Not Tell A Lie.Premium
join:2003-02-06
Netcong, NJ
·Verizon Online DSL
| Read the second line. quote:
Verizon to Spin Off These Wireline Businesses Prior to Merger
Verizon wants out, too much B.S. and regulation and leaches with POTS. |
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| reply to LonghornXP
said by LonghornXP: The latest word that I have with the state of New Hampshire is that Fairpoint is willing to commit via a contract to wire New Hampshire up with fiber within a deadline and keep all current employees hired along with keeping the current union contracts. Fairpoint has said the same to other companies they bought, but when the union contracts were up, they refused to bargain from the in effect contract with CWA, they had to start from scratch.
I have to wonder who your state contact is. Could it be a retired Vz manager who is double dipping with the State of NH?
Gene Johnson, Fairpoint CEO, said they would look into expanding fiber in his broadcast to employees, no solid commitment. Right now all we have is rhetoric, from Fairpoint and Verizon. The states need to look at the facts and figures, and Fairpoint's history. |
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