Winthrop-based Commtel, known officially as Community Service Communications, wa

Source

Mainebiz

Date

5-26-2003

Pages

1, 14-17

Abstract

Winthrop-based Commtel, known officially as Community Service Communications, was established in 1898 as Monmouth Telephone Co. and wanted to expand beyond its niche as an independent rural phone company. Similar actions were being taken by Maine's other independent telephone carriers after the Telecommunications Act of 1996 opened up competition in the industry. Commtel's proposed $45 million Internet data center in Portland was scrapped and employees were laid off in the post-Sept. 11 economic climate; and in 2002, Commtel Internet stopped offering services to customers. This year, FairPoint Communications Inc. of Charlotte, N.C., already Commtel's largest shareholder and the owner of six rural phone companies in Maine, announced it will acquire Commtel's phone business for $31.2 million.

Subjects

Commtel, Telecommunications

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