Cisco to assist FairPoint in northern New England

Bangor Daily News
Posted July 28, 2008, at 12 a.m.

FairPoint Communications Inc. has hired computer networking leader Cisco Systems Inc. to help expand broadband Internet access across northern New England.

“Cisco’ s selection demonstrates our commitment to deploying one of the best technologies available to help stimulate economic growth throughout the region,” FairPoint President Peter Nixon said in a statement.

FairPoint said Cisco will be a primary provider for a state-of-the-art Internet Protocol network. Financial terms were not announced.

North Carolina-based FairPoint bought Verizon Communications Inc.’ s landline telephone and Internet business in Maine, New Hampshire and Vermont for $2.3 billion in March. Service is to be switched over in November.

The company has committed to expanding high-speed Internet access across the three states and spending more than $100 million in its first year to upgrade the network.

FairPoint CEO Gene Johnson last April referred to the company’ s land lines as “old school” and noted that its greatest growth potential will be in high-speed Internet service. “Broadband is the future of our business and we know that,” Johnson said.

The company also committed to meet benchmarks by each state’ s utility regulators. In New Hampshire, for example, FairPoint must invest at least $56 million within five years to make broadband available on 95 percent of its lines. The company cited progress toward those goals in a statement Monday from Manchester, N.H.

“We are excited we have now moved from the engineering and planning phase of the project to the implementation phase,” said Michael Brown, FairPoint’ s vice president for network engineering.

http://bangordailynews.com/2008/07/28/sports/cisco-to-assist-fairpoint-in-northern-new-england/ printed on August 22, 2014