Fairpoint CEO Talks Possible Bankruptcy - Solving the 'financial piece of this company' to be 'interesting'

Earlier this month we noted how Fairpoint Communications would miss most Tmnet Streamyx Bill Service their New England broadband expansion goals as the carrier continues to deal with fleeing customers Adsl Autoconnect a high debt load. Over the weekend Fairpoint CEO David Hauser talked with the New Hampshire Union Leader. Hauser puts on a relaxed face when asked watch movies on the internet the company's NYSE delisting, whether Fairpoint overpaid for the New England networks, and how a Internal Dsl Modem possible bankruptcy could impact the company:

"There's a whole series of events that caused the last six months to be very difficult for FairPoint. The vast majority of those events, we're past (them) at this point," he said. "Now our next one is we have to solve the financial piece of this company, and that's going to be very interesting, but I'm highly confident of where we'll end up with that," Hauser said. "We will restructure the debt broadband radio one of two ways ... either in (bankruptcy) court or out of court. If you're looking into the future, it doesn't matter which way you got there. You'll come pretty close to the same place either way."

One thing that's in Hauser's favor? The same weak-kneed regulators who approved the deal in the first place amid warnings from analysts, unions and consumer advocates continue to allow the company to move forward without a transparent, publicly verifiable improvement plan.
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Venus Kelly is a sales and marketing professional with ten years experience and a degree in business marketing. She writes and maintains Who Invented.info a website dedicated to Who Invented What.