Latest FairPoint Communications Inc. Stories
CHARLOTTE, N.C., July 8 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint") announced today that as of 5:00 p.m., New York City time, on July 8, 2009, it has extended the early consent deadline and the withdrawal deadline for its previously announced private exchange offer (the "Exchange Offer") for all of its outstanding 13-1/8% Senior Notes due 2018 (CUSIP No. 305560 AH7) (the "Notes") that are held by qualified institutional buyers and accredited investors...
CHARLOTTE, N.C., July 1 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint" or the "Company") announced today that David L. Hauser, the Company's newly appointed chairman and chief executive officer, has been awarded options to purchase 1,600,000 shares of the Company's common stock and 523,810 restricted shares of the Company's common stock, pursuant to an employment agreement between Hauser and the Company (the "Employment Agreement"). The stock options were...
CHARLOTTE, N.C., June 24 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint" or the "Company") announced today the commencement of a private exchange offer (the "Exchange Offer") for all of FairPoint's outstanding 13 1/8% Senior Notes due 2018 (CUSIP No. 305560 AH7) (the "Notes") held by qualified institutional buyers and accredited investors. The Exchange Offer is primarily designed to reduce FairPoint's cash interest expense for the second and third quarters...
Public Utility Company Veteran to Guide FairPoint through Next Phase of Growth CHARLOTTE, N.C., June 16 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) announced today its Board of Directors has appointed David L. Hauser to the position of Chairman and Chief Executive Officer. Hauser most recently served as group executive and chief financial officer at Duke Energy Corporation (NYSE: DUK). Hauser has been a member of FairPoint's Board of Directors since February 2005,...
CHARLOTTE, N.C., May 5 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint" or the "Company"), a leading provider of communications services to communities across the country, today announced its financial results for the three months ended March 31, 2009. FairPoint completed its acquisition of Verizon Communication's wireline and related operations in Maine, New Hampshire and Vermont (the "Northern New England business") on March 31, 2008. As a result of that...
Conference Call and Web Broadcast Details Released CHARLOTTE, N.C., April 30 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) today announced that it will release its 2009 first quarter financial results after the market close on Tuesday, May 5, 2009. The Company will hold its earnings conference call at 8:30 a.m. (EDT), Wednesday, May 6, 2009. Participants should call (888) 562-3356 (US/Canada) or (973) 582-2700 (international) at 8:20 a.m. (EDT) and request the...
CHARLOTTE, N.C. April 21 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) today announced that a portable data storage device containing employee information was reported missing from a FairPoint office location. At this time, there is no indication that the data has been improperly accessed. Following discovery of the incident on April 8, FairPoint launched a thorough internal investigation and retained an outside investigator to conduct an ongoing investigation....
New Systems Operational as of February 9th Board Suspends Quarterly Dividend CHARLOTTE, N.C., March 5 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint" or the "Company"), a leading provider of communications services to communities across the country, today announced its financial results for the three and twelve months ended December 31, 2008. FairPoint completed its acquisition of Verizon Communication's wireline and related operations in Maine, New...
Conference Call and Web Broadcast Details Released CHARLOTTE, N.C., Feb. 27 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE: FRP) today announced that it will release its 2008 fourth quarter and full year financial results after the market close on Thursday, March 5, 2009. The Company will hold its earnings conference call at 8:30 a.m. (EST), Friday, March 6, 2009. Participants should call (888) 253-4456 (US/Canada) or (973) 935-8178 (international) at 8:20 a.m. (EST) and...
Hand-Over of Back-Office Operations Is Final Step in Transaction NEW YORK, Feb. 2 /PRNewswire/ -- Verizon Communications announced Monday (Feb. 2) that it has completed the process of transferring to FairPoint Communications Inc. all responsibility for the systems supporting the operations of FairPoint in Maine, New Hampshire and Vermont. FairPoint Communications provided a Notice of Readiness to Verizon in November, indicating that FairPoint would conclude its Transition Services...
