| Date | Title | | | 05/15/13 | FairPoint Named 'Official Communications Provider' at 25th KeyBank Vermont City Marathon| Will provide live race day broadcast lines and police command center communications
SOUTH BURLINGTON, Vt., May 15, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced communications services in Vermont, will be the official communications provider for the 25th KeyBank Vermont City Marathon on Sunday, May 26 in Burlington.
In addition to providing broadcast lines for WVMT's live race day coverage, the Burlington Police Department also turned ... |
|  | | 05/09/13 | FairPoint Communications to Present at the Stifel Nicolaus Internet, Media & Communications Conference in New York City| CHARLOTTE, N.C., May 9, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will present at the Stifel Nicolaus Internet, Media & Communications Conference in New York City on Monday, May 20, 2013, at 2:40 p.m. ET. Representing FairPoint will be Paul Sunu, CEO, and Ajay Sabherwal, CFO. FairPoint will be hosting one-on-one meetings with investors.
About FairPoint Communications, Inc.
FairPoint Communications, Inc. (N... |
| | | 05/06/13 | FairPoint Communications Reports 2013 First Quarter Results| - Unlevered Free Cash Flow(1) of $33 million for the quarter
- Adjusted EBITDA(1) of $64 million for the quarter
- Capital expenditures of $30 million for the quarter
- Net loss of $47 million for the quarter
- Successful sale of Idaho operations for $30 million in gross proceeds, or 6x trailing EBITDA
- Previously announced workforce reduction expected to save $11 million annually
- Management reaffirms financial guidance for fiscal year 2013
... |
| | | 05/02/13 | FairPoint Communications Praises Senators Susan Collins and Bill Nelson for work on Jamaican Lottery Scam| Senate Special Committee on Aging hearing leads to announcement that Jamaican authorities will extradite lottery scammers to U.S.
PORTLAND, Maine, May 2, 2013 /PRNewswire/ -- FairPoint Communications today praised Sens. Susan Collins (R-ME) and Bill Nelson, (D-FL) for their efforts leading to the Jamaican government's recent decision to extradite lottery scammers to the U.S.
Last week, U.S. Ambassador to Jamaica Pamela Bridgewater notified Sens. Nelson and Collins that Jamaican officials ... |
| | | 04/29/13 | FairPoint Communications To Release 2013 First Quarter Results| CHARLOTTE, N.C., April 29, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will release its 2013 first quarter results after the market close on Monday, May 6, 2013. The company will hold its earnings conference call at 8:30 a.m. (ET) on Tuesday, May 7, 2013.
Participants should call (866) 700-0133 (US/Canada) or (617) 213-8831 (international) at 8:20 a.m. (ET) and enter the passcode 37854878 when prompted. The title... |
| | | 04/24/13 | FairPoint's Anti-Idling Initiative Receives Environmental Honor| State of Vermont highlights FairPoint program in annual Governor's Awards for Environmental Excellence
SOUTH BURLINGTON, Vt., April 24, 2013 /PRNewswire/ -- FairPoint Communications, Inc., (NasdaqCM: FRP), a leading communications provider in northern New England, has been singled out for its anti-idling initiative by the Vermont Agency of Natural Resources.
FairPoint will receive its honorable mention award at the annual Vermont Governor's Awards for Environmental Excellence at a ceremo... |
| | | 04/09/13 | FairPoint Announces Workforce Reductions| CHARLOTTE, N.C., April 9, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider in northern New England, today announced it plans to eliminate approximately 90 positions across Maine, New Hampshire and Vermont over the next several months in accordance with the collective bargaining agreement.
These reductions are in addition to the elimination of over 30 management positions across the company last month.
"We are adjusting our workforce to ... |
| | | 03/07/13 | FairPoint Launches Carrier Ethernet Service (CES) Extended Connect at Comptel PLUS Spring 2013 Convention & EXPO| New Boston hub is one-stop access to region's largest Ethernet network
CHARLOTTE, N.C., March 7, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), northern New England's leading wholesale telecommunications provider, is announcing the launch of CES Extended Connect, featuring one-stop access from Boston to FairPoint's footprint in Maine, New Hampshire and Vermont.
(Photo: http://photos.prnewswire.com/prnh/20130307/CL73212 )
With the launch of CES Extended Connect at ... |
| | | 03/06/13 | FairPoint Communications Reports 2012 Fourth Quarter And Full Year Results| -- Unlevered Free Cash Flow(1), before storm impact, of $16 million for the quarter and $112 million for the full year
-- Adjusted EBITDA(1), before storm impact, of $66 million for the quarter and $278 million for the full year
-- Full year capital expenditures of $145 million as compared to $176 million in 2011
-- Net loss of $32 million for the quarter and $153 million for the full year
-- Refinancing complete with maturities extended by more than 3 years and lower total debt serv... |
| | | 02/27/13 | FairPoint Communications To Release 2012 Fourth Quarter And Full Year Results|
CHARLOTTE, N.C., Feb. 27, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will release its 2012 fourth quarter and full year results after the market close on Wednesday, March 6, 2013. The company will hold its earnings conference call at 8:30 a.m. (ET) on Thursday, March 7, 2013.
Participants should call (866) 272-9941 (US/Canada) or (617) 213-8895 (international) at 8:20 a.m. (ET) and enter the passcode 53958194 w... |
| | | 02/14/13 | FairPoint Completes Successful Refinancing|
CHARLOTTE, N.C., Feb. 14, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) ("FairPoint") announced today that it has successfully completed the refinancing of its senior secured credit facility.
"We are pleased to complete this refinancing," said Ajay Sabherwal, Chief Financial Officer of FairPoint. "We have extended our debt maturity by more than three years, while lowering our total debt service and improving covenant flexibility. This added flexibility will allow us to... |
| | | 02/11/13 | FairPoint Announces Pricing Of $300 Million Senior Secured Notes Offering|
CHARLOTTE, N.C., Feb. 11, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) announced today that it priced $300 million aggregate principal amount of 8.75% senior secured notes due 2019 (the "Notes") in connection with its previously announced private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The closing of the private offering is expected to occur on February 14, 2013, subject to customary closing con... |
| | | 01/31/13 | FairPoint Closes on Sale of its Idaho Operations to Blackfoot Telecommunications Group|
CHARLOTTE, N.C., Jan. 31, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) announced today that it has completed the sale of the capital stock of its Idaho-based operations to Blackfoot Telecommunications Group of Missoula, Montana for approximately $30 million in gross cash proceeds.
FairPoint's Idaho properties served more than 5,000 residential and business customers in eastern Idaho. On an annual basis, the properties contributed approximately $8 million in revenue a... |
| | | 01/30/13 | FairPoint To Offer Up To $300 Million Of Senior Secured Notes|
CHARLOTTE, N.C., Jan. 30, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) announced today that it intends to offer up to $300 million aggregate principal amount of senior secured notes.
FairPoint intends to use the net proceeds of the offering, together with financing under its proposed new credit agreement and cash on hand, to repay all amounts owed under its existing term loan. It is anticipated that the new credit agreement would include a $650 million te... |
| | | 01/10/13 | FairPoint Grows Ethernet Mobile Backhaul Business by 39 Percent| Mobile carriers sign with FairPoint for 'best-in-class' service
CHARLOTTE, N.C., Jan. 10, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading telecommunications provider across 18 states, says its Ethernet mobile backhaul business in northern New England is expected to increase by more than 39 percent in 2013.
By the end of 2012, less than two years since FairPoint embarked on its fiber-to-the-towers initiative, FairPoint has increased the number of its mobile ca... |
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