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The Fairpoint/Verizon Deal

By Laura Knoy on Friday, February 29, 2008.

Fairpoint, a North Carolina based telecom company, will soon take over Verizon’s land-based telephone and internet network in northern New England. Vermont and Maine agreed to the deal earlier in the year but New Hampshire’s Public Utility Commission didn’t agree until Monday. Opponents worry the acquisition is too financially risky for the state, but those who supported the deal think it will do a lot for New Hampshire, especially in the struggling North Country. We’ll break down the deal and how it may affect the state.

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