The Maine Public Utilities Commission approved the deal last night. One of the conditions says FairPoint cannot negotiate a purchase agreement in New Hampshire or Vermont that weakens provisions adopted in Maine to strengthen FairPoint’s financial condition.
New Hampshire’s commission says it will not take up the FairPoint case until the companies involved make clear what they agreed to in Maine.
Vermont’s Public Service Board has rejected the deal but invited the company to submit a revised application.
Meanwhile, electrical and communications workers unions that oppose the deal say they hope regulators in New Hampshire and Vermont reject the Maine settlement as insufficient to protect the public.