Title

Article criticizing the Verizon-FairPoint Communications deal, in which Verizon

Authors

Jeff Inglis

Source

Portland Phoenix

Date

2-29-2008

Pages

11

Abstract

Article criticizing the Verizon-FairPoint Communications deal, in which Verizon will sell its landlines in Maine New Hampshire, and Vermont to FairPoint for $2.4 billion. Verizon will avoid tax obligations of more than $500 million on profit from the sale. Regulators in all three states have now approved a version of the plan. Though the deal is the largest and most controversial to come before the Maine Public Utilities Commission in state history, regulators have passed the buck on to the public. With information on FairPoint's financial problems, both current and future.

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