Consultant sought delay in FairPoint takeover

FairPoint Communications reluctantly agreed to a two-month delay in completing its takeover of Verizon’s northern New England landlines after a consultant funded by regulators expressed concern about FairPoint’s readiness to assume full control.

N.H. regulators approve Verizon-FairPoint deal

New Hampshire regulators have approved the sale of Verizon’s landline phone and Internet service in northern New England to North Carolina-based FairPoint Communications. The regulators say they believe FairPoint has shown that the proposed deal is for the public good.