 bac522 join:2003-08-04 Manchester, NH | $76 million... Ouch! That would be equivalent to Verizon losing $2.4 billion in the quarter! I can see it now, Fairpoint files bankruptcy, Verizon comes back in and buys them for 10 cents on the dollar with the promise of the local PUC's to foot the tab from the bankruptcy...translation "Just pass your acquisition cost onto the consumer, we'll approve it!"
Of course the local PUC's will praise Verizon as the great savior of our phone systems in northern New England! |