FairPoint Files Provisional Notice of Cutover Readiness; Triggers Formal Process to Expected Cutover at the End of January
CHARLOTTE, N.C., Nov. 12 /PRNewswire-FirstCall/ -- FairPoint
Communications, Inc. (NYSE: FRP) today announced it has filed its
provisional notice of cutover readiness with the Public Utility Commissions
(PUC) in New Hampshire and Maine and the Department of Public Service (PSB)
in Vermont. The notice was filed after Liberty Consulting Group indicated
in its November 12th monthly Status Report that FairPoint had met
substantially all of the criteria required to cut over at the end of
January. The state PUCs/PSB will now hold technical conferences with
FairPoint and, if necessary, or at the request of intervening parties,
public hearings. Subsequent to the hearings, FairPoint expects to file its
irrevocable notice of cutover with Verizon.
In its report, Liberty stated FairPoint needed additional attention in
one area (Competitive Local Exchange Carrier (CLEC) testing), so FairPoint
today also filed its rebuttal to the Liberty Monthly Status Report
indicating that, in its opinion, it had met the acceptance criteria.
However, FairPoint agreed to complete the additional CLEC tests recommended
by Liberty.
Gene Johnson, chairman and CEO of FairPoint stated, "A tremendous
effort was put forth in order to get to this point. While our work is not
done, I thank the employees of FairPoint and Capgemini U.S. LLC
(FairPoint's lead integration partner) and Verizon for making these efforts
to date. As we move closer to the expected end of January cutover date, we
look forward to being that much closer to better serving the residents and
businesses of Maine, New Hampshire and Vermont with new broadband and voice
products, services and bundles through our approximately 60 new,
state-of-the-art fully integrated systems."
The Vermont Public Service Board has scheduled a status conference
later this week and the Public Service Commission staffs in Maine and New
Hampshire have a joint technical session scheduled on November 17. The
PUCs/PSB may choose to conduct hearings on the matter later this month and
dates are being held for that purpose.
About FairPoint
FairPoint Communications, Inc. is an industry leading provider of
communications services to communities across the country. Today, FairPoint
owns and operates local exchange companies in 18 states offering advanced
communications with a personal touch, including local and long distance
voice, data, Internet, television and broadband services. FairPoint is
traded on the New York Stock Exchange under the symbol FRP. Learn more at
http://www.fairpoint.com.
This press release may contain forward-looking statements by FairPoint
that are not based on historical fact, including, without limitation,
statements containing the words "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" and similar expressions and
statements. Because these forward-looking statements involve known and
unknown risks and uncertainties, there are important factors that could
cause actual results, events or developments to differ materially from
those expressed or implied by these forward-looking statements. Such
factors include those risks described from time to time in FairPoint's
filings with the Securities and Exchange Commission ("SEC"), including,
without limitation, the risks described in FairPoint's most recent
Quarterly Report on Form 10-Q on file with the SEC. These factors should be
considered carefully and readers are cautioned not to place undue reliance
on such forward-looking statements. All information is current as of the
date this press release is issued, and FairPoint undertakes no duty to
update this information.
SOURCE FairPoint Communications, Inc
FairPoint Files Provisional Notice of Cutover Readiness, Expected Cutover at the End of January
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