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Fairpoint Should Exit Bankruptcy This Month
On track to bring DSL to 87% Of New England POTs markets
by Karl Bode 09:29AM Wednesday Jan 19 2011
Despite both Fairpoint Communications and New England regulators being unsure at the end of 2010 if they'd meet Verizon deal broadband deployment conditions, Fairpoint accelerated their effort and managed to meet their goal of delivering DSL to 83% of their customers. As a condition with their deal with Verizon (one Verizon's tried to wiggle out of several times now), Fairpoint promised to deliver DSL to 83% by the end of 2010, 85% by July of 2012, and 87 percent of its New England customers in five years. In a bit of additional good news for Fairpoint, the company received court approval for their reorganization plan and hopes to be out of bankruptcy by the end of the month. Interestingly, Verizon was the only court opponent:
quote:
Verizon, based in New York, filed the only objection to the confirmation. It opposed a provision that prevents it, through an injunction, from pursuing certain legal claims it might have. "It bars Verizon from bringing claims in the first place," Darryl Laddin, a lawyer for Verizon, told the judge. "They’re seeking to enjoin all claims." FairPoint’s lawyers said the lenders wouldn’t have supported the reorganization plan if it didn’t include the injunction. Representatives of Bank of America and creditors with unsecured claims backed up that contention.
Vermont regulators, who blocked Fairpoint's reorganization plan last year because it contained what they believed were unrealistic financial projections, have also now approved the deal. According to the Associated Press however, the new deal with Vermont eliminates up to $12 million in refunds to customers that had been ordered because of service problems that included 911 issues.

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nuzzy

join:2003-12-17
Danville, NH

Fantastic

maybe now they can work on former FiOS customers and upgrade the fiber speeds!!

Jim Kirk
Premium
join:2005-12-09

Re: Fantastic

LOL. Dream on.

nuzzy

join:2003-12-17
Danville, NH

Re: Fantastic

Yep - I was being sarcastic

HappyAnarchy

@iauq.com

Did it really do that?

Basically forgo the ordered service refunds for time out of service or bad service.
That seems kind of, bad.

swintec
Premium,VIP
join:2003-12-19
Alfred, ME
kudos:5
Reviews:
·Time Warner Cable
·VoicePulse
·Sprint Mobile Br..
·RapidVPS

DSL Now Available..

According to there website, I now qualify for 7 MBit DSL where as before, nothing. So it appears they have doen quite a bit of work. The entire summer I saw many Fairpoint trucks and workers around town, and in my travels, other towns and cities as well.
--
Usenet Block Accounts | Unlimited Accounts
Lazlow

join:2006-08-07
Saint Louis, MO

Re: DSL Now Available..

Take what the website says(for any ISP) with a sceptical eye. They often say there is service where it is not available and that there is no service where they already have (multi year) customers.

swintec
Premium,VIP
join:2003-12-19
Alfred, ME
kudos:5
Reviews:
·Time Warner Cable
·VoicePulse
·Sprint Mobile Br..
·RapidVPS

Re: DSL Now Available..

said by Lazlow:

Take what the website says(for any ISP) with a sceptical eye. They often say there is service where it is not available and that there is no service where they already have (multi year) customers.

I tend to believe it this time. The fact it got updated and also some other users (on here and locally) who called after the site was updated and were able to get service. Not that I plan on signing up but it is nice to know an option is there.
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FFH
Premium
join:2002-03-03
Tavistock NJ
kudos:5

Re: DSL Now Available..

said by swintec:

said by Lazlow:

Take what the website says(for any ISP) with a sceptical eye. They often say there is service where it is not available and that there is no service where they already have (multi year) customers.

I tend to believe it this time. The fact it got updated and also some other users (on here and locally) who called after the site was updated and were able to get service. Not that I plan on signing up but it is nice to know an option is there.

It looks like Fairpoint is finally catching up with all the maintenance that Verizon deferred over the years and can start actually offering services to new customers again.

rblenkhorn
Premium
join:2003-07-15
Bangor, ME
swintec, you always claimed to be a roadrunner customer. now ur a fairpoint customer? strange..

swintec
Premium,VIP
join:2003-12-19
Alfred, ME
kudos:5
Reviews:
·Time Warner Cable
·VoicePulse
·Sprint Mobile Br..
·RapidVPS

Re: DSL Now Available..

said by rblenkhorn:

swintec, you always claimed to be a roadrunner customer. now ur a fairpoint customer? strange..

No, not a Fairpoint customer, but it seems like the option is now there for us if we wanted to...Sorry if I wrote it like I was.
--
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unknown2

@cecomet.net

Fairpoint bankrupsy

I wonder now if they are going to increase the price, we already get a charge on our phone because we live so far from their office. And our dsl doesn't have the speed that we are paying for because of where we live, but they keep making us pay more for their service and there is no one else that we are able to switch too.