FairPoint Asks For More Time 

FairPoint Communications wants to delay a scheduled $11,250,000 debt payment that’s due at the end of March.The company is asking Maine’s Public Utilities Commission to approve the payment hold off until June. It’s pledging to resume regular quarterly payments after that.FairPoint made similar requests to regulators in New Hampshire and Vermont.FairPoint chairman Gene Johnson told a local newspaper that the debt waiver is a one-time request and that operations will stabilize by summer.Johnson adds that a planned expansion of high-speed internet service is ahead of schedule.