FairPoint Deal Latest 

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