HALLOWELL (AP) — Maine utility regulators will soon be taking up the FairPoint bankruptcy reorganization plan.
The Public Utilities Commission has scheduled hearings for Wednesday and Thursday on FairPoint’s petition for approval of its bankruptcy reorganization plan, and for modifications of the January 2008 Verizon-FairPoint merger order.
Chairman Sharon Reishus says the case is important to Maine ratepayers and FairPoint customers.
FairPoint’s petition seeks to delay from April to December the deadline to complete the first phase of the its broadband expansion project. It also seeks to reduce the percentage of lines that will be capable of carrying broadband upon completion of the five-year broadband expansion project.
The hearings are open to the public but are not a forum for public comment.