Investment firm Maglan Capital has written to FairPoint Communication's board of directors and CEO Paul Sunu, asking the company to consider selling itself, initiating a share repurchase program, or issuing of a recurring dividend for shareholders.
FairPoint is moving ahead with its CAF-II planning and buildout schedule, but it will take time to actually see how the program will impact the provider's broadband subscriber base.
FairPoint Communications isn't afraid of Charter Communications' pending acquisition of Time Warner Cable, a cable MSO that overlaps with the telco in a number of Northern New England states and other territories.
Birch Communications has named Tony Tomae as its next president and CEO, succeeding Vincent Oddo, who will become president and CEO of Birch's sister company Birch Equity Partners.
Spherix, a holder of Nortel patents, has filed two lawsuits against Level 3 Communications, the former tw telecom (which was merged with Level 3 in 2014), and FairPoint Communications claiming the companies infringed on intellectual property around Ethernet.
CenturyLink, FairPoint and Frontier banded together in protest of the FCC's passing of a proposal to realign the special access market, saying that it would have a detrimental effect on how service providers address Tier 2 and Tier 3 markets.
The CEOs of CenturyLink, FairPoint and Frontier Communications asked the FCC to provide financial support of voice services for residential and business customers that reside outside of areas covered by the Connect America Fund Phase II program.
FairPoint will soon no longer be required to provide traditional landline voice service in parts of Maine as a new state bill will eliminate a mandate on the company to provide price-controlled services.
Verizon's and Sprint's pending movement to C-RAN architectures for their small cell and wireless densification efforts will likely become a large opportunity for a host of fiber wholesale providers like FairPoint, Lumos and Zayo.
Incumbent carrier FairPoint Communications is changing its tune on dark fiber services, advocating the technology as the changing E-Rate program for schools and opportunities around small cell technologies are too good to pass up.