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January 17, 2007
The Real Break Up of the Bell System
Fairpoint agreed to acquire the Verizon assets serving Maine, New Hampshire and Vermont.
Fairpoint is using DSL to reach its rural customers. Fairpoint's Gene Johnson stated in the quarterly report call says that they are looking to take advantage of consolidation.
Fairpoint is also doing a triple play for 10,000 of its customers.
From a Verizon standpoint I get this. Don't put FIOS fiber in harms way of tractors. ;<)
From Fairpoints view I get this.
From the consumer in the area, I am not sure this is an issue as well, New England Telephone, NYNEX, Bell Atlantic, Verizon. It't just a name change... Or is it?
When I lived in an independent area the capital budget for upgrades was small. Fairpoints annual report talked about 33Million for its capital upgrades last year. With $1.7 Billion going to Verizon, I think the capital budget will be a telling symbol of service.
Posted by carl at January 17, 2007 12:22 PM