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Forums » Verizon Sale to FairPoint Approved By Maine Regulators » No logic
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I Thought This Was a NonProfitable State »
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gatorkram
Spelling and Grammer impared
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join:2002-07-22
Winterville, NC
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No logic

They know this company is going to have huge debt, yet they are making requirements for them not to raise prices, and in some cases lower them... Idiots..
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Give me bandwidth or give me death!
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P Ness
You'Ve Forgotten 9-11 Already
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join:2001-08-29
Mineola, NY
clubs:
wow can you say bankrupt in 3 years


Rob
In Deo speramus, God Bless the USA
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join:2001-08-25
Kendall, FL
·Comcast

reply to gatorkram
said by gatorkram See Profile :

They know this company is going to have huge debt, yet they are making requirements for them not to raise prices, and in some cases lower them... Idiots..
They'll do what K-Mart did: file bankruptcy and the year later buy another company.


bear73
Metnav... Fly The Unfriendly Skies
Premium
join:2001-06-09
Grand Forks Afb, ND
·Midcontinent Commu..

reply to gatorkram
said by gatorkram See Profile :

They know this company is going to have huge debt, yet they are making requirements for them not to raise prices, and in some cases lower them...
cuz the average income in Maine is rather low... However, i also question the wisdom of the plan... it was noted that the deal would need an additional $100M cut from the sale price for it to work for Fairpoint... so what was the "aggreement"???... NOT to cut the sale price at all... and I saw no mention of all the tax write-offs and forgiveness for fees and penalties due to for the state that Verizon was demanding...
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If ya gotta go, Go with a SMILE!
Forums » Verizon Sale to FairPoint Approved By Maine RegulatorsI Thought This Was a NonProfitable State »
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