Maine PUC to deliberate proposed phone deal

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The Maine Public Utilities Commission is scheduled to begin deliberations today on a proposal by FairPoint Communications to buy Verizon’s landline telephone operations in northern New England for $2.7 billion.

To go forward the deal must also be approved by regulators in Maine, New Hampshire and Vermont.

Representatives from FairPoint, Verizon, and other parties have held closed-door meetings in the past week in an effort to reach a settlement that is agreeable to all.

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