The state of Maine has given final approval of FairPoint Communications' contract to provide the state's Next Generation 9-1-1 (NG9-1-1) system. The five-year contract is worth $32 million and will provide Maine with a modern Internet Protocol (IP)-based network capable of meeting future public safety needs. It will make Maine one of the first states in the nation to deploy a NG9-1-1 system closely aligned with the National Emergency Number Association standards published in June 2011 known as i3. The emergency services IP network (ESInet) will serve more than 1.3 million people in the state. FairPoint will provide the system and support to serve all of Maine's 26 Public Safety Answering Points - known as PSAPs - which have responsibility to answer all 9-1-1 calls in their local coverage area. Every Maine community is matched with a local PSAP. The Public Utility Commission's Emergency Services Communication Bureau manages both the implementation and operation of the statewide Enhanced 9-1-1 service that FairPoint currently provides. FairPoint's next-generation, system is designed to handle emergency communications in Maine. NG9-1-1 networks differ from existing systems in that they are designed to keep pace with the way people communicate now. This includes the capability of delivering voice, text, video and enhanced data to the PSAP. The network will improve call setup time and increase the speed at which voice and data arrive at the PSAP, thereby improving service. It will also improve emergency response by giving public safety personnel better information about situations prior to arriving on the scene. The new Maine 9-1-1 system will use leading edge technology to provide the platform for next-generation communication technologies such as voice, video, pictures and text messaging.

Fairpoint Communications, Inc. Presents at Stifel Internet, Media & Communications Conference, May-20-2013 02:40 PM. Venue: The Pierre Hotel, New York, New York, United States. Speakers: Paul H. Sunu, Chief Executive Officer and Director.

Fairpoint Communications, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of USD 235.469 million compared to USD 248.474 million a year ago. Loss from operations was USD 61.298 million compared to USD 54.244 million a year ago. Loss from continuing operations before income taxes were USD 85.662 million compared to USD 70.970 million a year ago. Loss from continuing operations was USD 57.529 million compared to USD 46.712 million a year ago. Net loss was USD 47.485 million compared to USD 46.712 million a year ago. Basic and diluted loss from continuing operations per share were USD 2.20 compared to USD 1.80 a year ago. Basic and diluted loss per share was USD 1.82 compared to USD 1.80 a year ago. Net cash provided by operating activities were USD 43.371 million compared to USD 47.079 million a year ago. Unlevered free cash flow was USD 33 million for the quarter. Adjusted EBITDA was USD 64 million for the quarter. Capital expenditures were USD 30 million for the quarter as compared to USD 26 million a year earlier. The increase year-over-year was due primarily to higher information technology spending in the first quarter of 2013. The change in revenue was due primarily to a decline in voice services revenue and access revenue, which was partially offset by growth in data and Internet services revenue. Debt stands at USD 940 million, down from USD 1 billion. The company reaffirms earnings guidance for the year 2013. The company expects to generate USD 100 million to USD 110 million of unlevered free cash flow in 2013. In addition, adjusted EBITDA is expected to be USD 255 million to USD 265 million, capital expenditures expected to be approximately USD 135 million and aggregate pension contributions and cash OPEB payments are expected to be approximately USD 20 million. Annual cash interest expense on a pro forma basis is expected to be USD 75 million to USD 80 million per year.