States set joint session with FairPoint

Submitted by The Associated Press on Fri, 08/14/2009 - 07:41

CONCORD, N.H. - Regulators from New Hampshire, Maine
and Vermont are expected to question FairPoint executives next month
about the troubled communication company's problems.

All three
states have held hearings with FairPoint, but this will be the first
time they have teamed up for questioning at a hearing scheduled for
Sept. 9. The location wasn't specified.

FairPoint bought
telephone and Internet service operations from Verizon last year, but
has been plagued with customer service and system problems since.
Problems escalated in February when FairPoint cut over to a new
computer system.

The hearing will be open to the public, but only
public uiltity commissioners from the three states will be able to ask
questions.

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Submitted by cat handler on Fri, 08/14/2009 - 19:38.

The FairPoint fiasco is the biggest case of wishful thinking in the history of utility oversight since electricity deregulation. The PUC commissioners really need to look at their recent track record and do some soul-searching - or look for another line of work. I passed by McDonalds today; they're hiring closers...

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Submitted by Zippy T-bone on Fri, 08/14/2009 - 13:07.

The Maine Public Utilities Commission did an absolutely terrible job allowing this sale to take place. They did not do the job they are supposed to do and the public suffered.

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Fairpoint stock is nearly worthless at this juncture and they do not have the necessary liquit assets to even run day to day business.

They spend their time offering excuses, blatant lies and attempting to avoid paying the massive fines imposed by the States that allowed this boondogle. Anybody at the PUC gonna get a reprimand or lose their jobs?

Nope---they are not accountable to anyone.

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Submitted by Jo Wallace on Fri, 08/14/2009 - 10:30.

It's too little AND much too late

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