Fairpoint files for Chapter 11

Jon 'maddog' Hall maddog at li.org
Tue Oct 27 20:11:46 EDT 2009


> My personal opinion is this would be a good time for Verizon to come
> in and buy back the lines. They will get it cheaper than what they
> sold it for.

Verizon would not want the lines back if you gave them to Verizon.
Verizon does not want the rural land-line business.  They have been
selling it off as fast as they can.  It costs too much and they can make
more money just by putting up towers and selling wireless services.

>Fairpoint didn't roll out any fiber I don't believe.  They just
>rolled stuff out using where Verizon had already rolled it out to the
>poles I'm pretty sure.

I went to a presentation the other night where a person from Fairpoint
said that they had just put in a new Terabit switch as one of three they
had installed in New Hampshire.  They are going after the broadband
business, and will probably lump "POTS" on top of that.  They indicated
that Verizon had not done much in the way of real improvement to rural
areas (as opposed to Nashua or other cities) for a long time.

Nope, I really can not see Verizon coming back in, unless you looked at
massive raises in customer rates.

md




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