Fairpoint Pushes Back Takeover Timetable ; the Two-Month Extension has Nothing to Do with Glitches Involving 911 Calls, the Company Says.

Summary


FairPoint Communications, Inc., announced Monday that it will need until the end of January to complete its takeover of Verizon's telephone system.

FairPoint officials downplayed the delay - the second since it acquired Verizon's 1.6 million telephone lines in March - saying it was not entirely unexpected given the complexities involved with the transfer.

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Fairpoint Pushes Back Takeover Timetable ; the Two-Month Extension has Nothing to Do with Glitches Involving 911 Calls, the Company Says.

"Our take is that they are making a responsible decision. The Public Utilities Commission prefers this be done right, not rapidly," said Maine PUC spok...

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