2011 Earnings and Press Releases

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11/02/11FairPoint Communications Reports 2011 Third Quarter Results
Strong Consecutive Quarters Operationally and Financially CHARLOTTE, N.C., Nov. 2, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR(1) before pension contribution and storm-related expenses of $70.6 million High-speed Internet subscriber growth accelerates to 8.2% year-over-year, versus a 1.7% loss a year earlier Voice access line loss slows to 8.8% year-over-year, versus 11.0% a year earlier Net loss of $279.4 million driven by non-cash accounting charge... 
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11/01/11FairPoint Communications to Present at the Wells Fargo Securities 2011 Technology, Media & Telecom Conference
CHARLOTTE, N.C., Nov. 1, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will present at the Wells Fargo Securities 2011 Technology, Media & Telecom Conference at the New York Palace Hotel on Wednesday, Nov. 9, 2011, at 2:40 p.m. EST. Representing FairPoint will be Paul Sunu, CEO, and Ajay Sabherwal, CFO. About FairPoint Communications, Inc. FairPoint Communications, Inc., (NasdaqCM: FRP) is a leading... 
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10/28/11FairPoint Communications to Release 2011 Third Quarter Results
CHARLOTTE, N.C., Oct. 28, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will release its 2011 third quarter results after the market close on Wednesday, Nov. 2, 2011. The company will hold its earnings conference call at 10:00 a.m. (EDT) on Thursday, Nov. 3, 2011. Participants should call (866) 804-6920 (US/Canada) or (857) 350-1666 (international) at 9:50 a.m. (EDT) and enter the passcode 70534871 when ... 
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10/03/11FairPoint Communications Launches Wholesale E-Line Services for Northern New England
Offers a faster way to connect service providers to their customers CHARLOTTE, N.C., Oct. 3, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, the most comprehensive wholesale network provider in northern New England, today announced its release of Carrier Ethernet products specifically designed for the wholesale market. FairPoint's E-Line service is now available to its wholesale customers who are authorized to provide services in Maine, New Hampshire and Vermont. FairPoint has m... 
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09/27/11FairPoint Communications to Present at the Global Opportunities Conference Presented by Imperial Capital
CHARLOTTE, N.C., Sept. 27, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will present at the Fifth Annual Global Opportunities Conference presented by Imperial Capital at the Grand Hyatt in New York, N.Y., on Thursday, Oct. 6, 2011, at 4:40 p.m. EDT. Representing FairPoint will be Ajay Sabherwal, CFO, and Lee Newitt, director of investor relations and corporate development. About FairPoint Communications... 
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09/08/11FairPoint to Reduce Workforce by 400
CHARLOTTE, N.C., Sept. 8, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP) today announced plans to reduce its workforce over the next several months by approximately 400 positions. "We value the contributions of our employees and workforce reductions are never easy," said CEO Paul Sunu. "We are making this decision after careful evaluation to ensure that FairPoint is staffed appropriately to serve our customers well, while prudently managing expenses." Both ... 
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08/30/11FairPoint to Present at the Bank of America Merrill Lynch 2011 Media, Communications & Entertainment Conference
CHARLOTTE, N.C., Aug. 30, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will present at the Bank of America Merrill Lynch 2011 Media, Communications & Entertainment Conference in Beverly Hills, Calif., on Thursday, Sept. 15, 2011, at 8:45 a.m. PDT. Representing FairPoint will be Paul Sunu, CEO, and Ajay Sabherwal, CFO. About FairPoint Communications, Inc. FairPoint Communications, Inc. (NasdaqCM: FR... 
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08/08/11FairPoint Communications Reports 2011 Second Quarter Results
Strong Quarter Financially and Operationally CHARLOTTE, N.C., Aug. 8, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR increases to $70.5 million in the quarter on revenue of $262.6 million High-speed Internet subscriber growth accelerates to 5.4% year-over-year versus a 1.9% loss a year earlier Voice access line loss slows to 9.3% year-over-year versus 11.6% a year earlier Net loss improves to $27.1 million versus $54.2 million a year earlier FairPoint ... 
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08/04/11FairPoint Communications to Release 2011 Second Quarter Results
CHARLOTTE, N.C., Aug. 4, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NasdaqCM: FRP), a leading communications provider, today announced it will release its 2011 second quarter results after the market close on Monday, Aug. 8, 2011. The company will hold its earnings conference call at 9:30 a.m. (EDT) on Tuesday, Aug. 9, 2011. Participants should call (866) 314-5232 (US/Canada) or (617) 213-8052 (international) at 9:20 a.m. (EDT) and enter the passcode 53808235 when promp... 
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07/08/11FairPoint Delivers on Vermont Broadband Commitment
CHARLOTTE, N.C., July 8, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NASDAQ: FRP), a leading provider of communications services, today announced that it met its regulatory broadband commitment in Vermont by the June 30, 2011 deadline. With this achievement, FairPoint now offers broadband service to more than 83 percent of its customers in Maine, more than 85 percent of its customers in New Hampshire and almost 90 percent of its customers in Vermont. In meeting its Vermo... 
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05/16/11FairPoint Communications Reports 2011 First Quarter Results
CHARLOTTE, N.C., May 16, 2011 /PRNewswire via COMTEX/ -- High-speed Internet subscribers increased over 13,600, or 4.8% year-over-year, with over 56% of the increase coming during the first quarter Voice access line loss continued to improve to 9.6% annually from 10.3% reported in the prior quarter Net Income, including Cancellation of Debt Income of $1,351.1 million, increased to $562.5 million versus a Net Loss of $86.3 million a year earlier Revenue was flat sequen... 
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05/12/11FairPoint Communications to Release 2011 First Quarter Results
CHARLOTTE, N.C., May 12, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (NASDAQ: FRP), a leading communications provider, today announced it will release its 2011 first quarter results after the market close on Monday, May 16, 2011. The company will hold its earnings conference call at 2:00 p.m. (EDT) on Tuesday, May 17, 2011. Participants should call (800) 706-7741 (US/Canada) or (617) 614-3471 (international) at 1:50 p.m. (EDT) and enter the passcode 31415391 when prompted... 
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04/14/11FairPoint's Network Enables Wireless Carriers to Expand 4G Coverage, Speed and Connectivity in Northern New England
Wireless meets wired with FairPoint's fiber-to-tower project CHARLOTTE, N.C., April 14, 2011 /PRNewswire via COMTEX/ --FairPoint Communications today announced it has embarked on an exciting investment in its VantagePoint network that will support more high-speed wireless services and extend fiber into more communities across Maine, New Hampshire and Vermont. This fiber-optic build supplies critical infrastructure known as "backhaul" for wireless traffic in the region, and will address t... 
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03/31/11FairPoint Communications Reports 2010 Fourth Quarter and Full Year Results (Includes Reconciliation of Non-GAAP Financial Measures)
CHARLOTTE, N.C., March 31, 2011 /PRNewswire via COMTEX/ -- Consolidated EBITDAR(1) increases over 22 percent to $84.0 million versus fourth quarter 2009 Operational improvements drive a $12.7 million one-time revenue benefit in the quarter Loss from Operations for the quarter improves to $18.2 million from $31.2 million a year earlier High-speed Internet subscribers increase annually for the first time since mid-2009 Company reiterates full year 2011 guid... 
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03/28/11FairPoint Communications to Release 2010 Fourth Quarter and Full Year Results
CHARLOTTE, N.C., March 28, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (Nasdaq: FRP), a provider of communications services, today announced that it will release its 2010 fourth quarter and full year results after the market close on Thursday, March 31, 2011. The Company will hold its earnings conference call at 2:00 p.m. (EDT) on Friday, April 1, 2011. Participants should call (877) 556-5921 (US/Canada) or (617) 597-5474 (international) at 1:50 p.m. (EDT) and enter the pa... 
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03/01/11FairPoint to Present at the Deutsche Bank 2011 Media & Telecom Conference
CHARLOTTE, N.C., March 1, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (Nasdaq: FRP), a provider of communications services, today announced it will present at the Deutsche Bank 2011 Media & Telecom Conference in Palm Beach, Florida on Wednesday, March 9th at 10:50 a.m. EST. Representing FairPoint will be CEO Paul Sunu and CFO Ajay Sabherwal. About FairPoint FairPoint Communications, Inc. is a provider of communications services to communities across the country. Today... 
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01/25/11FairPoint Communications Stock Begins Trading on Nasdaq
CHARLOTTE, N.C., Jan. 25, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (Nasdaq: FRP) (FairPoint or the Company), a provider of communications services, today announced that shares of its common stock have begun trading on the Nasdaq Stock Market under the ticker symbol FRP. "Today's Nasdaq listing marks the culmination of the recent financial restructuring process," said Paul H. Sunu, CEO of FairPoint. On January 24, 2011, FairPoint emerged from Chapter 11 bankruptcy pro... 
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01/24/11FairPoint Communications Completes Restructuring Process and Emerges From Chapter 11 With Significantly Lower Debt
CHARLOTTE, N.C., Jan. 24, 2011 /PRNewswire via COMTEX/ --FairPoint Communications, Inc. (the Company or FairPoint), a leading provider of communications services, today announced it has successfully completed its balance sheet restructuring and has emerged from Chapter 11 with significantly lower debt. As a result of the restructuring, FairPoint has reduced its outstanding debt by approximately 64 percent, from approximately $2.8 billion (including interest rate swap liabilities and accrued... 
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