FairPoint Is Bouncing Back

FairPoint Communications announced Wednesday that it is on better footing than three months ago, the company has finished cutting more than 200 jobs in the past year, and it will have the option to use federal money to build out broadband. FairPoint was in the black in the second quarter, which runs from April to July, even though the company lost $45.2 million in the first three months of the year. The news marks the first time the...

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