FairPoint asks Vermont to ease up regulations

As FairPoint gets ready to come out of bankruptcy, the ILEC is asking Vermont to reduce regulatory obligations it has placed on the telco.

Mike Smith, who was appointed as FairPoint's President of Vermont last December to improve relations with the state, said that the ILEC is operating in a robust competitive market where it has to compete against wireless and cable MSOs that have to abide by federal government regulations.

With its reorganization plan already approved, the beleaguered service provider that struggled to integrate Verizon's former New England lines is confident that it will reemerge out of bankruptcy by the end of this summer. Previously, FairPoint asked regulators in Maine, New Hampshire and Vermont to relax broadband build out requirements it agreed to meet in order to purchase Verizon's former New England phone lines.

Vermont hasn't been the most forgiving state to FairPoint. Last summer, the Vermont PUC was investigating whether it should revoke the telco's license to operate in the state.

For more:
- The Morning Sentinel via AP has this article

Related articles:
FairPoint's Chapter 11 plan gets support from creditors, lenders
Vermont's telecom regulators are losing patience with FairPoint
Judge approves FairPoint's reorganization plan

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