The Vermont Public Service Board approved a plan that will...
The Vermont Public Service Board approved a plan that will redirect the penalty assessments on FairPoint into broadband expansion in the state, the agency said. Under the agreement, FairPoint will invest up to $7 million to expand its broadband network…
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in the state. The VPSB had proposed penalties on FairPoint due to service issues resulting from the operator’s acquisition of Verizon’s New England lines in 2008. FairPoint will work with the Vermont Department of Public Service and Vermont Telecom Authority to determine areas for expansion. The work is scheduled to be completed by 2013.