2013 Earnings and Press Releases

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12/12/13FairPoint Celebrates New Year by Giving Back
Favorite nonprofit could receive $2014 from Facebook votes CHARLOTTE, N.C., Dec. 12, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications across 17 states, is once again celebrating the new year with a donation to a community nonprofit that receives the most votes on FairPoint's Facebook page at www.facebook/MyFairPoint. ... 
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12/04/13FairPoint Communications to Present at the J.P. Morgan SMid Cap Conference
CHARLOTTE, N.C., Dec. 4, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the J.P. Morgan SMid Cap Conference at the Westin River North in Chicago on December 11 at 12:50 p.m., CT.  Representing FairPoint will be CEO Paul Sunu and Paul Taaffe, vice president of corporate communications and development.  FairPoint will be hosting one-on-one meetings with investors. About FairPoint Communications... 
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11/08/13FairPoint Communications to Present at the Wells Fargo 2013 Tech, Media & Telecom Conference
CHARLOTTE, N.C., Nov. 8, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Wells Fargo 2013 Tech, Media & Telecom Conference at the Waldorf Astoria in New York City on November 13 at 8:45 a.m., ET.  Representing FairPoint will be CEO Paul Sunu, CFO Ajay Sabherwal and Paul Taaffe, vice president of corporate communications and development.  FairPoint will be hosting one-on-one meetings with ... 
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11/06/13FairPoint's Chris Alberding Speaks at AGL Boston Conference
Industry leaders discuss small cell technology for wireless backhaul MANCHESTER, N.H., Nov. 6, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced data, voice and video technologies in 17 states, announced that Chris Alberding, vice president of product management, spoke at the AGL Boston Conference, at the Marriott Hotel in Newton, Mass. on Tuesday, November 5. Alberding was a featured speaker in the panel presentation and discussion on "Vert... 
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11/04/13FairPoint Communications Reports 2013 Third Quarter Results
-- Unlevered Free Cash Flow(1) of $24.4 million for the quarter and $92.1 million year-to-date -- Adjusted EBITDA(1) of $67.5 million for the quarter and $197.8 million year-to-date -- Capital expenditures of $33.8 million for the quarter and $91.1 million year-to-date -- Net loss of $9.0 million for the quarter and $99.6 million year-to-date(2) -- Management reaffirms guidance for Adjusted EBITDA and Unlevered Free Cash Flow for fiscal year 2013 CHARLOTTE, N.C., Nov. 4, 2013 /PRN... 
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10/28/13FairPoint Communications To Release 2013 Third Quarter Results
CHARLOTTE, N.C., Oct. 28, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it will release its 2013 third quarter results after the market close on Monday, November 4, 2013.  The company will hold its earnings conference call at 8:30 a.m. (ET) on Tuesday, November 5, 2013. Participants should call (877) 474-9504 (US/Canada) or (857) 244-7557 (international) at 8:20 a.m. (ET) and enter the passcode 79096020 when prompted.  Th... 
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10/23/13New England Telehealth Consortium Brings 200th Healthcare Location onto Network
FairPoint Communications and NETC plan to ultimately connect more than 400 healthcare facilities in Maine, New Hampshire and Vermont PORTLAND, Maine, Oct. 23, 2013 /PRNewswire/ -- The New England Telehealth Consortium (NETC), which is working with FairPoint Communications to link healthcare facilities in northern New England to the NETC network, recently announced its 200th connection. NETC is a federally funded consortium of healthcare providers whose mandate is to create a shared network am... 
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09/26/13FairPoint Communications to Present at the Leveraged Finance Conference in Scottsdale, AZ
CHARLOTTE, N.C., Sept. 26, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Deutsche Bank 2013 Leveraged Finance Conference at The Phoenician in Scottsdale on October 2, at 2:50 p.m., MT. Representing FairPoint will be CEO Paul Sunu, Treasurer Rick Whitener and Paul Taaffe, vice president of corporate communications and development. FairPoint will be hosting one-on-one meetings with investors.... 
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09/18/13FairPoint Chalks Up Milestone in Its Recycle, Reuse, and Resell Program
More than 2.5 million pounds of equipment and materials saved from landfills SOUTH BURLINGTON, Vt., Sept. 18, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications in northern New England, has significantly increased its equipment and materials recycle, reuse and resell program over the past five years. Since the company began this environmental initiative in 2008, it has recycled more than 2.5 million pounds of t... 
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09/17/13FairPoint Extends Carrier-Class Ethernet Services to New York City
New NYC hub offers second one-stop access point to northern New England's largest Ethernet network CHARLOTTE, N.C., Sept. 17, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading wholesale telecommunications provider in northern New England, has added an additional carrier Ethernet connection hub in New York City featuring one-stop access to FairPoint's footprint in Maine, New Hampshire and Vermont. With a location at One Summer Street in Boston and now at 60 Hudson... 
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09/16/13FairPoint Taps John Lunny to Lead New Technology Division
New organization leverages competitive advantages of FairPoint's fiber-based network CHARLOTTE, N.C., Sept. 16, 2013 /PRNewswire/ -- John Lunny, senior vice president of network planning and engineering for FairPoint Communications, has been promoted to chief technology officer, leading the company's technology organization. The move furthers FairPoint's focus on providing the latest in advanced communication services by uniting its next-generation, fiber-based network, IT, engineering, pr... 
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09/10/13FairPoint Launches Cloud Services with Hosted PBX
Leveraging the latest technology and the largest Ethernet network in northern New England, FairPoint's IP voice solution provides a powerful, modern, business-class phone system CHARLOTTE, N.C., Sept. 10, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced communications in northern New England, today announced its introduction of cloud services with the availability of Hosted Private Branch Exchange (Hosted PBX) service over the l... 
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09/03/13FairPoint Chosen as Lead Service Provider in Cell Service Expansion in Vermont
CoverageCo to bring cell service to Vermont's rural Orange and Lamoille counties utilizing FairPoint's 'small cell' backhaul technology SOUTH BURLINGTON, Vt., Sept. 3, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced communications in northern New England, has been chosen as CoverageCo's lead carrier in making cell service available across more than 200 miles of rural Vermont, beginning with service in Orange County. CoverageCo turned to F... 
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08/27/13FairPoint Applies for $3.3 Million in CAF Phase I Funding
More than 15,000 locations across eight states to see high-speed connections as part of FCC broadband funding program CHARLOTTE, N.C., Aug. 27, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced communications across 17 states, has applied for $3.3 million from the Federal Communications Commission's Connect America Fund to bring high-speed Internet to more than 5,490 locations. The CAF funding, along with F... 
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08/22/13FairPoint's Chris Alberding to Speak at COMPTEL PLUS
Conference panel to look at small cell technology for wireless backhaul CHARLOTTE, N.C., Aug. 22, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced data, voice and video technologies in 17 states, today announced that Chris Alberding, vice president of product management, will be speaking at the COMPTEL PLUS Fall 2013 Convention & EXPO, taking place Monday, September 23, through Thursday, September 26, at the Gaylord Palms in Orlando. A... 
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08/15/13FairPoint Named Finalist for PR News Platinum PR Award
Company's work to prevent lottery scams is singled out by PR News PORTLAND, Maine, Aug. 15, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM:FRP), a leading telecommunications provider in northern New England, has been named a finalist for a PR News Platinum PR Award in the category of Public Affairs for its efforts to stop lottery scams targeted at the elderly – especially in northern New England. The award recognizes excellence across all areas of public relations.  In a new... 
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08/07/13FairPoint Communications to Present at the Oppenheimer Technology, Internet & Communications Conference in Boston
CHARLOTTE, N.C., Aug. 7, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading provider of advanced communications, today announced it will present at the Oppenheimer 16th annual Technology, Internet & Communications Conference at the Four Seasons Hotel in Boston on August 14, at 9:45 a.m.  Representing FairPoint will be CEO Paul Sunu, and Ajay Sabherwal, chief financial officer.  FairPoint will be hosting one-on-one meetings with investors. About FairPoint Commun... 
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08/05/13FairPoint Communications Reports 2013 Second Quarter Results
- Unlevered Free Cash Flow(1) of $35 million for the quarter and $68 million year-to-date - Adjusted EBITDA(1) of $66 million for the quarter and $130 million year-to-date - Capital expenditures of $27 million for the quarter and $57 million year-to-date - Net loss of $43 million for the quarter and $91 million year-to-date - Management reaffirms financial guidance for fiscal year 2013 CHARLOTTE, N.C., Aug. 5, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP) ("F... 
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07/29/13FairPoint Communications To Release 2013 Second Quarter Results
CHARLOTTE, N.C., July 29, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will release its 2013 second quarter results after the market close on Monday, August 5, 2013.  The company will hold its earnings conference call at 8:30 a.m. (ET) on Tuesday, August 6, 2013. Participants should call (866) 804-6929 (US/Canada) or (857) 350-1675 (international) at 8:20 a.m. (ET) and enter the passcode 65602981 when prompted.  The... 
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06/13/13FairPoint Praises Effort that Led to Jamaican Scammer's Arrest
Company singles out Senator Susan Collins for her work bringing attention to the lottery scheme PORTLAND, Maine, June 13, 2013 /PRNewswire/ -- FairPoint Communications, Inc. (NasdaqCM: FRP), a leading telecommunications provider in northern New England, today praised Senator Susan Collins for her support in exposing Jamaican lottery scammers who are robbing Americans of millions every year.  On Tuesday, a Jamaican national pleaded guilty for his role is a telemarketing... 
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06/11/13Vermont Attorney General Honors FairPoint State President with 'Pure Vermont' Award
Mike Smith praised for educating seniors on telephone scams SOUTH BURLINGTON, Vt., June 11, 2013 /PRNewswire/ -- Vermont Attorney General William Sorrell has honored Mike Smith, Vermont state president of FairPoint Communications, with the Attorney General's Pure Vermont award for Smith's "significant efforts to educate Vermonters about telephone scams and to protect them from wire-transfer fraud." The Attorney General's Pure Vermont Awards Program recognizes individuals, businesses and or... 
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05/21/13FairPoint Communications to Provide Maine with a Statewide Next-Generation 9-1-1 System
Company to Begin the Installation of the System that will Serve 26 Public Safety Answering Points PORTLAND, Maine, May 21, 2013 /PRNewswire/ -- The state of Maine has given final approval of FairPoint Communications' contract to provide the state's Next Generation 9-1-1 (NG9-1-1) system. The five-year contract is worth $32 million and will provide Maine with a modern Internet Protocol (IP)-based network capable of meeting future public safety needs.  It will make Maine one of the first st... 
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05/15/13FairPoint 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 ... 
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05/09/13FairPoint 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... 
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05/06/13FairPoint 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 ... 
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05/02/13FairPoint 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 ... 
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04/29/13FairPoint 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... 
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04/24/13FairPoint'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... 
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04/09/13FairPoint 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 ... 
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03/07/13FairPoint 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 ... 
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03/06/13FairPoint 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... 
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02/27/13FairPoint 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... 
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02/14/13FairPoint 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... 
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02/11/13FairPoint 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... 
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01/31/13FairPoint 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... 
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01/30/13FairPoint 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... 
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01/10/13FairPoint 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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