November 20, 2014 5:47 PM ET

Diversified Telecommunication Services

Company Overview of Fairpoint Communications, Inc., Prior to Reverse Merger with Northern New England Spinco Inc.

Company Overview

As of March 31, 2008, Fairpoint Communications, Inc. was acquired by Northern New England Spinco Inc., in a reverse merger transaction. FairPoint Communications, Inc. provides communications services to residential and business customers in rural and small urban communities in the United States. The company offers local calling services, including basic local lines, private lines, and switched data services; network access, which enables long distance companies to utilize local network to originate or terminate intrastate and interstate calls; universal service fund high cost loop; long distance services; and data and Internet services, such as Internet access through DSL technology, dedicat...

521 East Morehead Street

Suite 250

Charlotte, NC 28202

United States

Founded in 1991

1,087 Employees

Phone:

704-344-8150

Key Executives for Fairpoint Communications, Inc., Prior to Reverse Merger with Northern New England Spinco Inc.

Fairpoint Communications, Inc., Prior to Reverse Merger with Northern New England Spinco Inc. does not have any Key Executives recorded.

Fairpoint Communications, Inc., Prior to Reverse Merger with Northern New England Spinco Inc. Key Developments

FairPoint Freezes Employee Pensions in Lingering Labor Dispute

The unions representing FairPoint workers in Northern New England announced that the company froze employee pensions on October 14, 2014, a step that comes as part of the company's imposition of work terms to which the unions did not agree. The local chapters of the International Brotherhood of Electrical Workers and Communications Workers of America announced that the pension freeze took effect on October 14, 2014. It was one of the many changes the company outlined after declaring an impasse in negotiations with the unions in late August. The unions have a number of complaints against the company pending before the National Labor Relations Board, including a complaint that the company did not have grounds to halt negotiations because the union continued to bargain in good faith. The pension freeze comes as union officials announced that the company also is putting a new health care plan into effect that it says will cost workers more and after the company curtailed some other benefits.

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