Fairpoint Communications was founded in 1991 as MJD Communications. The company was acquired by Fairpoint Communications in 2006. The company is a telecommunications and internet service provider in mainly rural areas in 17 states. Fairpoint Communications is headquartered in Charlotte, North Carolina.
Fairpoint Communications purchased Verizon land lines for cash and debt. Verizon stockholders would receive slightly more than $1 billion in Fairpoint Communication stock.
The company filed for bankruptcy in 2009. As a result, Verizon customers who had been acquired in 2007 lost most of their market shares. The company emerged from bankruptcy in 2011.
Today, the company has 3,300 employees and annual revenue in 2014 of $1.274 million. Fairpoint Communications is still struggling with striking workers since October of 2014. The company hired replacement workers, who have had trouble maintaining service lines during severe winter storms.
Fairpoint Communications is publicly traded on the NASDAQ under the ticker symbol: FRP
FairPoint Communications
Fairpoint Communications was founded in 1991 as MJD Communications. The company was acquired by Fairpoint Communications in 2006. The company is a telecommunications and internet service provider in mainly rural areas in 17 states. Fairpoint Communications is headquartered in Charlotte, North Carolina.
Fairpoint Communications purchased Verizon land lines for cash and debt. Verizon stockholders would receive slightly more than $1 billion in Fairpoint Communication stock.
The company filed for bankruptcy in 2009. As a result, Verizon customers who had been acquired in 2007 lost most of their market shares. The company emerged from bankruptcy in 2011.
History
Today, the company has 3,300 employees and annual revenue in 2014 of $1.274 million. Fairpoint Communications is still struggling with striking workers since October of 2014. The company hired replacement workers, who have had trouble maintaining service lines during severe winter storms.
Fairpoint Communications is publicly traded on the NASDAQ under the ticker symbol: FRP
I live adjacent to your transfer station located on Rte 32 ( Bk 1171-Pg.240) in the town of East Vassalboro, Maine. After speaking with some of your personnel at this address it appears that there will be no future development of this facility. My wife and I have been improving our home and landscaping in an attempt to improve this small community. We would like to speak with someone in the hope that your company may have an interest in selling the rear portion of the lot that your building is on. Thank you , Ben and Denise Gidney. Ben @ 207 441-XXXXX or Denise @ 207 649-XXXXX gidneyden@ yahoo.com Vassalboro, Maine 04989