Thursday, March 5, 2015

Looser Fairpoint

From WMUR:
"FairPoint reports $43.6 million in losses in last quarter of 2014"

Representatives for FairPoint Communications said a lengthy strike and bad weather caused the company's $43.6 million in losses in the final three months of 2014. The North Carolina-based company operates the largest landline telephone network in northern New England. It made $6.1 million in the same quarter in 2013. A company earnings release Wednesday said the strike caused a fall in service requests and long wait times for installations. A backlog for connecting new services continued into 2015. Unions representing 1,700 workers in Maine, New Hampshire and Vermont went on strike in October. The strike was settled in February and employees returned to work Feb. 25. Company representatives say FairPoint's annual loss widened from $93.5 million in 2013 to $136.3 million in 2014.

^ I'm glad Fairpoint is loosing so much money considering how poorly they treat their own customers. I'm still dealing with their incompetence. Hopefully, the company will take a hard look at itself and get rid of the really bad employees and re-train everyone else to start giving good service to their customers. Some of us don't have a choice on who we get our phone service from (talk about a monopoly) and we can't use cell phones as there is no service in the mountains. ^

http://www.wmur.com/money/fairpoint-reports-436-million-in-losses-in-last-quarter-of-2014/31611198

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