New Hampshire and Vermont take center
stage now that Maine utility regulators said yes – with conditions
– to FairPoint Communications’ proposed 2.7 billion dollar buyout
of Verizon’s land lines in the three states.
The Maine Public Utilities Commission approved the deal this week. 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
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