VZ leaves NE
Noooooooooooooooooooooo!
That rumored Verizon-Fairpoint deal has gone through.
blah!Verizon has announced that it will be spinning off rural assets to FairPoint Communications. These include all assets in the states of Maine, New Hampshire, and Vermont. The deal will close sometime in 2007 and is worth $2.7 billion. 1.6 million phone lines, 234,000 DSL subscribers, and 600,000 long-distance customers will be moved to FairPoint in Verizon’s effort to shed its low-margin lines in rural areas.
For all the ribbing I tend to give Verizon, they do a hell of a job. I work with them every day maintaining over 1400 connections for schools and libraries throughout Maine, and the majority of the time, they provide great service and get things fixed quickly. I’ve worked with Fairpoint as well, though not nearly as often, and I can’t say the same for them…
I imagine this is going to wreak hell on my job, and I can only hope consumers don’t have any trouble.
Doody 6:24 pm on 1/18/2007 Permalink
Yeah that ought to be interesting for you guys for sure. I hope the new company will handle things as well as Verizon did. Will they be changing their cell-phone coverage?
Nyrath the nearly wise 12:02 am on 1/19/2007 Permalink
You have my condolences…