2014 Earnings and Press Releases

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12/31/14National Labor Relations Board Agrees; FairPoint Acting In Good Faith
UNIONS' CHARGES BASELESS Time for Unions to Finally Address the Real Issues CHARLOTTE, N.C., Dec. 31, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced that it had received the official ruling of Region 1 of the National Labor Relations Board (NLRB) rejecting entirely charges by the Communications Workers of America and International Brotherhood of Electrical Workers and declaring the parties had in fact reached a good fai... 
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12/30/14FairPoint Responds To Unions' Annoucement Regarding Dismissal Of Remaining National Labor Relations Board Charges
CHARLOTTE, N.C., Dec. 30, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today, following the disclosure of the information by the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), confirmed that Region 1 of the National Labor Relations Board (NLRB) has rejected the unions' challenge to FairPoint's implementation of its final contract proposals covering approximately 1,700 employees in No... 
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12/29/14FairPoint Reorganizes Operations To Facilitate Focus On Core Business
Steven G. Rush Appointed Senior Vice President, Northern New England Operations Karen D. Turner Promoted to Senior Vice President of Strategy and Business Support CHARLOTTE, N.C., Dec. 29, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it has reorganized its operational structure to allow for better focus on its operations.  Steven G. Rush, a 35-year telecom industry veteran, was named Senior Vice President, Northern Ne... 
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12/23/14FairPoint Communications Responds to Public Letter from Senator Shaheen and Congresswoman Kuster and Clarifies Facts
MANCHESTER, N.H., Dec. 23, 2014 /PRNewswire/ -- FairPoint Communications, Inc. today sent the following letter to Senator Shaheen and Congresswoman Kuster in response to their public letter dated December 22, 2014: Dear Senator Shaheen and Congresswoman Kuster, Thank you for your recent letter.  We appreciate this opportunity to highlight the critical need to bring FairPoint's benefit costs into the mainstream and clear up any misinformation you may have around negotiations with our unions... 
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12/23/14FairPoint Communications Responds to Public Letter from Congresswoman Pingree and Clarifies Facts
PORTLAND, Maine, Dec. 23, 2014 /PRNewswire/ -- FairPoint Communications, Inc. today sent the following letter to Congresswoman Pingree in response to her public letter dated December 19, 2014: Dear Congresswoman Pingree, Thank you for your recent letter.  We are aware of your close relationship with the unions, so we appreciate this important opportunity to share with you the critical need to bring FairPoint's benefit costs into the mainstream and clear up any misinformation you may have ... 
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12/18/14FairPoint Communications Responds to Public Letter from Vermont Delegation and Clarifies Facts
BURLINGTON, Vt., Dec. 18, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) today sent the following letter to Senator Leahy, Senator Sanders and Congressman Welch in response to their public letter dated December 16, 2014: Dear Senator Leahy, Senator Sanders and Congressman Welch: Thank you for your recent letter. It gives us an important opportunity to share with you the critical need to bring FairPoint's benefit costs into the mainstream. It is also an opportunity for us... 
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12/17/14FairPoint Communications Clarifies Facts; Responds to Public Letter from Governor Peter Shumlin
BURLINGTON, Vt., Dec. 17, 2014 /PRNewswire/ -- FairPoint Communications, Inc. today sent the following letter to Governor Peter Shumlin in response to his public letter dated December 12, 2014: Dear Governor Shumlin, Thank you for the opportunity to clarify the facts surrounding FairPoint's negotiations with its unions, the critical importance of bringing FairPoint's benefit costs into the mainstream and what our company is doing to address recent service challenges. In order to provid... 
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11/20/14Consumer Alert: FairPoint Explains Mobile Picketing
Company Asks Public to Remain Watchful for Acts of Vandalism PORTLAND, Maine, Nov. 20, 2014 /PRNewswire/ -- FairPoint Communications today alerted consumers to be aware of actions they may be exposed to related to the ongoing IBEW and CWA strike against the company. As the unions continue their strike, they are utilizing a tactic called "mobile picketing."  While the unions can engage in strike activity anyplace FairPoint replacement workers are providing customer services, this mobile ... 
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11/19/14FairPoint Communications: Straightening out the Facts
PORTLAND, Maine, Nov. 19, 2014 /PRNewswire/ -- FairPoint Communications, Inc. today issued the following statement about the ongoing strike against the company: There comes a point in every strike where the public asks "why?"  As the strike called by the IBEW and CWA against FairPoint enters its second month, and many members of the public have likely concluded that they'd be pretty happy to have what FairPoint strikers have been offered, the Unions have resorted to bending the facts to j... 
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11/08/14The Facts about FairPoint's Proposals
PORTLAND, Maine, Nov. 8, 2014 /PRNewswire/ -- FairPoint Communications spokeswoman Angelynne Beaudry today issued the following statement about the company's implemented proposals: In early August, two of FairPoint's collective bargaining agreements, that cover most of our union-represented employees in northern New England, expired. After months of negotiations we informed the Unions that the parties were at impasse, and on August 28, 2014 we implemented our final proposals. On October 17, 2... 
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11/05/14FairPoint Communications Reports 2014 Third Quarter Results
- Unlevered Free Cash Flow1 of $24.5 million for the quarter and $73.9 million year-to-date - Adjusted EBITDA1 of $61.7 million for the quarter and $190.1 million year-to-date - Capital expenditures of $28.8 million for the quarter and $91.8 million year-to-date - Net loss of $37.8 million for the quarter and $92.7 million year-to-date CHARLOTTE, N.C., Nov. 5, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), ... 
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11/05/14FairPoint Customer Service Update
PORTLAND, Maine, Nov. 5, 2014 /PRNewswire/ -- FairPoint Communications spokeswoman Angelynne Beaudry today issued the following update on customer service: When the unions went on strike, FairPoint immediately began to implement the contingency plans the company had established for each operational system and work center.  Pursuant to these plans, managers and non-union employees were immediately deployed to key front-line operational positions and calls were rerouted to alternate call center... 
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11/04/14FairPoint Issues Statement Regarding Pending Mediation
PORTLAND, Maine, Nov. 4, 2014 /PRNewswire/ -- FairPoint Communications spokeswoman Angelynne Beaudry today issued the following statement on misleading claims the Unions have made to media regarding mediation: Mediator Asks Parties to Meet This evening, it became generally known that a mediator assigned by the Federal Mediation and Conciliation Services (FMCS) to the negotiations between FairPoint and the IBEW and CWA contacted each side's negotiators last week and asked the parties to att... 
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11/03/14FairPoint publishes open letter to customers, communities
PORTLAND, Maine, Nov. 3, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, recently published this open letter in state and regional newspapers to the communities of northern New England. The Future for FairPoint Do landlines really matter in an era of smartphones, tablets, texts and tweets? Wireless calls, social media interactions, tweets and texts are being carried and transported by high capacity landlines and the best way to do ... 
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10/28/14FairPoint Communications To Release 2014 Third Quarter Results
CHARLOTTE, N.C., Oct. 28, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it will release its 2014 third quarter results early morning on Wednesday, November 5, 2014. The company will hold its earnings conference call later that morning at 8:30 a.m. (EST). A live broadcast of the earnings conference call will be available online at www.fairpoint.com/investors. An online replay will be available shortly thereafter. A tele... 
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10/21/14FairPoint Communications Expresses Concern with Activities that Could Impede Communications, Intimidate Customers and Obstruct Customer Service
Company Reinforces Commitment to Serving Customers and asks for Customer Patience with Inclement Weather Approaching, as it Continues to Mobilize Managers, Non-union Employees and Contractors to Meet Customer Needs PORTLAND, Maine, Oct. 21, 2014 /PRNewswire/ -- FairPoint Communications today reiterated its commitment to providing high-quality customer service as it implements and ramps up its contingency plans. At the same time, the Company is expressing its concern with activities and incide... 
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10/17/14FairPoint Operations to Continue Without Interruption
PORTLAND, Maine, Oct. 17, 2014 /PRNewswire/ -- Unions representing about 1,700 of FairPoint's approximately 2,550 employees in northern New England have called for a strike.  FairPoint spokeswoman Angelynne Beaudry said FairPoint is disappointed by the unions' decision to walk out, but the company has comprehensive plans in place to ensure continuity of service to its customers. "We value every customer and it is important for them to know that we have comprehensive contingency plans in ... 
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08/28/14FairPoint and Unions at Impasse and Company Implements Proposals
NASHUA, N.H., Aug. 28, 2014 /PRNewswire/ -- Following months of negotiations between FairPoint and its northern New England Unions, and after talks remained deadlocked more than three weeks after the prior collective bargaining agreements expired, the Company announced on August 27 that it will implement its final proposals, which have been repeatedly rejected by the Unions.  This action is permitted by federal labor law when there is no meaningful prospect for a negotiated settlement. FairP... 
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08/27/14FairPoint Communications to Present at the Drexel Hamilton Telecom, Media and Technology Conference
CHARLOTTE, N.C., Aug. 27, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Drexel Hamilton Telecom, Media and Technology Conference at the W Hotel in New York, on Sept. 3 at 10:30 a.m. EDT. Representing FairPoint will be CEO Paul Sunu and Paul Taaffe, vice president of corporate communications and development. FairPoint will also be hosting one-on-one meetings with investors. About FairPoin... 
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08/04/14FairPoint Communications Reports 2014 Second Quarter Results
- Unlevered Free Cash Flow(1) of $21.4 million for the quarter and $49.4 million year-to-date - Adjusted EBITDA(1) of $64.2 million for the quarter and $128.4 million year-to-date - Capital expenditures of $34.9 million for the quarter and $63.0 million year-to-date - Net loss of $22.7 million for the quarter and $54.9 million year-to-date CHARLOTTE, N.C., Aug. 4, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), a leading communication... 
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07/31/14FairPoint Communications Completes Installation of Statewide Next Generation 9-1-1 System
New System Will Serve 26 Public Safety Answering Points PORTLAND, Maine, July 31, 2014 /PRNewswire/ -- FairPoint Communications has completed the installation of a Next Generation 9-1-1 (NG9-1-1) system in Maine. Maine now has a statewide NG9-1-1 system with a modern Internet Protocol (IP)-based network capable of meeting current and future public safety needs.  The completion of the installation makes Maine one of the first states in the nation to deploy a NG9-1-1 system based on the Nat... 
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07/28/14FairPoint Communications To Release 2014 Second Quarter Results
CHARLOTTE, N.C., July 28, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it will release its 2014 second quarter results after the market close on Monday, August 4, 2014.  The company will hold its earnings conference call at 8:30 a.m. (EDT) on Tuesday, August 5, 2014. Participants should call (877) 280-4957 (US/Canada) or (857) 244-7314 (international) at 8:20 a.m. (EDT) and enter the passcode 82672021 when prompted.  The... 
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06/26/14New England Telehealth Consortium Tops 250 Healthcare Facilities on Network
FairPoint Communications and NETC plan to ultimately connect more than 300 healthcare facilities in Maine, New Hampshire and Vermont PORTLAND, Maine, June 26, 2014 /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 made its 250th connection. FairPoint is providing Carrier Ethernet Services (CES) to the NETC sites in Maine, New Hampshire and Vermont offe... 
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06/19/14FairPoint Opens Data Center in Laconia, NH
FairPoint Offers Scalable, Secure Space for IT Equipment, Connected with the Largest Fiber-Based Network in Northern New England CHARLOTTE, N.C., June 19, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications in northern New England, today announced the launch of its retail customer data center services with the opening of a data center in Laconia, N.H. The data center offers businesses and public entities rack space in a physical... 
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06/05/14FairPoint Communications to Present at the Morgan Stanley Leveraged Finance Conference
CHARLOTTE, N.C., June 5, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Morgan Stanley Leveraged Finance Conference at the Roosevelt Hotel in New Orleans, on June 12 at 11 a.m. CDT. Representing FairPoint will be CFO Ajay Sabherwal and Paul Taaffe, vice president of corporate communications and development. FairPoint will also be hosting one-on-one meetings with investors. About FairPoint... 
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06/04/14FairPoint Upgrades Network Infrastructure in Southern New Hampshire to Offer Internet Speeds up to 100 Mbps
New Fiber High-Speed Internet now Available to Residential and Business Customers MANCHESTER, N.H., June 4, 2014 /PRNewswire/ -- FairPoint Communications recently upgraded its network infrastructure in eight communities in southern New Hampshire, increasing the speed of Internet service available to more than 58,000 local businesses and residential consumers who currently qualify for fiber service. These services are delivered over northern New England's largest fiber-core network. FairPo... 
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05/29/14FairPoint Expands Ethernet Solutions to 1 Gbps
Business-Class Dedicated Internet Services Now Available in More than 30 Markets at up to 1 Gbps CHARLOTTE, N.C., May 29, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a provider of advanced data, voice and video technologies to residential, business and wholesale customers, today announced the availability of Ethernet-based bandwidth and transport capacity of up to 1 gigabit per second (Gbps) for its business, government and education customers. Now, more than 35,000 eli... 
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05/19/14FairPoint Communications & VCET Announce New Technology Hub for Entrepreneurs
Leahy, Shumlin, Welch, Weinberger Highlight Value of a Facility dedicated to Innovation and Growing Vermont's Economy BURLINGTON, Vt., May 19, 2014 /PRNewswire/ -- FairPoint Communications and the Vermont Center for Emerging Technologies (VCET) today announced the creation of a new collaborative called VCET @ BTV, a co-working space coupled with business mentoring and networking opportunities for promising startup companies in the FairPoint Technology Hub in downtown Burlington. Flanked by... 
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05/05/14FairPoint Communications Reports 2014 First Quarter Results
-- Unlevered Free Cash Flow1 of $28.1 million -- Adjusted EBITDA1 of $64.2 million -- Capital expenditures of $28.1 million -- Net loss of $32.2 million CHARLOTTE, N.C., May 5, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP) ("FairPoint" or the "Company"), a leading communications provider, today announced its financial results for the first quarter ended March 31, 2014.  As previously announced, the Company will host a conference call and simultaneous webcast to di... 
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04/30/14FairPoint Communications to Present at the Jefferies 2014 Technology, Media and Telecom Conference
CHARLOTTE, N.C., April 30, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Jefferies 2014 Technology, Media and Telecom Conference on May 7 at 11 a.m. Eastern Daylight Time. Representing FairPoint will be CEO Paul Sunu and Paul Taaffe, vice president of corporate communications and development. FairPoint will also be hosting one-on-one meetings with investors. About FairPoint Communication... 
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04/28/14FairPoint Communications To Release 2014 First Quarter Results
CHARLOTTE, N.C., April 28, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it will release its 2014 first quarter results after the market close on Monday, May 5, 2014.  The company will hold its earnings conference call at 8:30 a.m. (EDT) on Tuesday, May 6, 2014. Participants should call (877) 415-3182 (US/Canada) or (857) 244-7325 (international) at 8:20 a.m. (EDT) and enter the passcode 71312959 when prompted.  The title... 
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03/12/14FairPoint to Attend COMPTEL PLUS Spring 2014 Convention & EXPO
CHARLOTTE, N.C., March 12, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading northern New England wholesale telecommunications provider, will attend the COMPTEL PLUS Spring 2014 show March 16-19 in Las Vegas. FairPoint wholesale account managers will be setting up appointments with their wholesale customers to discuss FairPoint technologies, services and recent Carrier Ethernet Service enhancements. FairPoint's wholesale division creates, engineers and implements in... 
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03/10/14FairPoint Launches Carrier Ethernet Service (CES) Enhancements at COMPTEL PLUS Spring 2014 Convention & EXPO
CHARLOTTE, N.C., March 10, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading northern New England wholesale telecommunications provider, is announcing enhancements to its E-Line Carrier Ethernet Services (CES). FairPoint's wholesale customers can deliver Ethernet services to their northern New England customers via FairPoint's diverse network paths. FairPoint's next-generation Ethernet network spans more than 16,000 route miles of fiber, and with Class and Quality ... 
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03/10/14FairPoint Communications to Present at the Deutsche Bank 2014 Media, Internet and Telecom Conference
CHARLOTTE, N.C., March 10, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Deutsche Bank 2014 Media, Internet and Telecom Conference at The Breakers Hotel in Palm Beach, Florida, on March 11 at 4:05 p.m., Eastern Time. Representing FairPoint will be CEO Paul Sunu and Paul Taaffe, vice president of corporate communications and development. FairPoint will also be hosting one-on-one meetings wit... 
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03/04/14FairPoint Communications Reports 2013 Fourth Quarter And Full Year Results
CHARLOTTE, N.C., March 4, 2014 /PRNewswire/ -- Unlevered Free Cash Flow1 of $21.1 million for the quarter and $113.3 million for the full year Adjusted EBITDA1 of $67.2 million for the quarter and $265.0 million for the full year Capital expenditures of $37.2 million for the quarter and $128.3 million for the full year Net income of $6.1 million for the quarter and net loss of $93.5 million for the full year2 Management provides financial guidance for fiscal year 2014 FairPoint... 
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02/27/14FairPoint Meets Broadband Expansion Commitment in New Hampshire
Expansion effort brings broadband to 95 percent of company's access lines in the State MANCHESTER, N.H., Feb. 27, 2014 /PRNewswire/ -- FairPoint Communications announced it has met its goal to increase broadband access to 95 percent of its access lines in New Hampshire by December 31, 2013. Since April 2008, FairPoint has invested over $700 million in its communications infrastructure and technology to reach new customers, upgrade its network and expand broadband in northern New England, ... 
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02/25/14FairPoint Communications To Release 2013 Fourth Quarter And Full Year Results
CHARLOTTE, N.C., Feb. 25, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading communications provider, today announced it will release its 2013 fourth quarter and full year results after the market close on Tuesday, March 4, 2014.  The company will hold its earnings conference call at 8:30 a.m. (ET) on Wednesday, March 5, 2014. Participants should call (866) 510-0712 (US/Canada) or (617) 597-5380 (international) at 8:20 a.m. (ET) and enter the passcode 31584058 when p... 
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02/03/14FairPoint Communications to Present at the Stifel Technology, Internet & Media Conference
CHARLOTTE, N.C., Feb. 3, 2014 /PRNewswire/ -- FairPoint Communications, Inc. (Nasdaq: FRP), a leading provider of advanced communications, today announced it will present at the Stifel Technology, Internet & Media Conference at The Fairmont Hotel in San Francisco, on Feb. 10 at 10:20 a.m., PST. Representing FairPoint will be CEO Paul Sunu and Paul Taaffe, vice president of corporate communications and development. FairPoint will also be hosting one-on-one meetings with investors. About Fa... 
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01/28/14FairPoint Communications Continues to Bring More Broadband to Maine
FairPoint expanded broadband service to more than 10,400 homes and businesses in past year PORTLAND, Maine, Jan. 28, 2014 /PRNewswire/ -- Over the past year FairPoint Communications has expanded broadband service to more than 10,400 homes and businesses in communities all across the state. From Limestone to York; from Rumford to Robbinston – and many places in-between, FairPoint high-speed Internet is now available for the first time to eligible customers living in the communities listed belo... 
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01/16/14FairPoint Rings in New Year with Holiday Giving
The Pixel Fund, voted FairPoint communities' favorite nonprofit, will receive $2,014 PORTLAND, Maine, Jan. 16, 2014 /PRNewswire/ -- In celebration of the New Year and to demonstrate appreciation for the communities it serves, FairPoint Communications, Inc., a leading telecommunications provider, will be making a donation of $2,014 to The Pixel Fund of Maine. As part of FairPoint's holiday giving campaign, it created a Facebook poll to take nominations and votes for a nonprofit, and the org... 
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