The state has reached a tentative settlement with FairPoint Communications that
could pave the way for the company to acquire Verizon’s land line phone service
in Vermont.
The
settlement must still be approved by the Vermont Public Service Board.
The state Public Service Board has rejected FairPoint Communication’s request
to buy Verizon’s land line phone service in Vermont.
But
the board also invited FairPoint to submit a revised proposal. And it laid out
some conditions it would impose — if it approved the deal.
Labor unions are criticizing a proposed settlement in Maine that would allow Verizon to transfer its telephone
land lines to FairPoint Communications of North Carolina.