FairPoint's Phone-Line Takeover is as Bad as Regulators Feared

Janice Checchio/Portland Phoenix
Portland Phoenix | July 3, 2008
The Verizon-FairPoint merger, in which a North Carolina-based little-phone-company-that-could spent $2.3 billion of mostly borrowed money to take over the northern New England operations of one of the world's largest telecommunications companies, has been more disastrous than even we thought.

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