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FairPoint Communications, Inc. was an American operator of communication services. FairPoint's services include local and long-distance phone service, data, Internet, broadband, television, business communications solutions and fiber services. [3] Headquartered in Charlotte, North Carolina, it served 31 markets in 17 states, mostly in rural areas.
Verizon Communications (VZ) said on Monday third quarter revenue rose 10 percent to $27.27 billion, but its profit declined 30 percent to $2.89 billion, or 41 cents per share, as costs increased.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
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FairPoint Communications, an independent provider based in North Carolina, acquired Northern New England Telephone Operations. NNETO is an operating company split from the original New England Telephone to serve access lines in Maine and New Hampshire. The sale of these lines by Verizon to FairPoint closed in 2008.
Formed on January 1, 1984 as the result of the breakup of the Bell System, NYNEX was a Regional Bell Operating Company which was made up of former subsidiaries of AT&T, these being New York Telephone and New England Telephone. [2]
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