FairPoint Communications, Inc. provides advanced data, voice and video technologies to single and multi-site businesses, public and private institutions, consumers, wireless companies and wholesale re-sellers in 17 states. Leveraging an owned, fiber-core Ethernet network - including more than 16,000 route miles of fiber in northern New England - FairPoint has the network coverage, scalable bandwidth and transport capacity to support enhanced applications, including the next generation of mobile and cloud-based communications, such as small cell wireless backhaul technology, voice over IP, data center colocation services, managed services and disaster recovery. FairPoint is traded on the NASDAQ under the ticker symbol FRP.
Type
Subsidiary
HQ
Charlotte, US
Founded
1991
FairPoint Communications was founded in 1991 and is headquartered in Charlotte, US
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FairPoint Communications Office Locations

FairPoint Communications has an office in Charlotte
Charlotte, US (HQ)
500 521 E Morehead St
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FairPoint Communications Financials and Metrics

Summary Metrics

Founding Date

1991
FairPoint Communications is a subsidiary of Consolidated Communications Holdings

FairPoint Communications Financials

FairPoint Communications's revenue was reported to be $824.44 m in FY, 2016 which is a 4.1% decrease from the previous period.
Annual
USDY, 2013FY, 2014FY, 2015FY, 2016

Revenue

963.1 m901.4 m859.5 m824.4 m

Revenue growth, %

(6%)(5%)(4%)

EBIT

(406.2 m)(93.3 m)

EBIT margin, %

(42%)(10%)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

236 m230.6 m225.6 m228.1 m214 m214.1 m221.6 m206.8 m206.6 m207.1 m201.9 m

Operating expense total

239.8 m252.7 m235.2 m257 m238.6 m154.8 m149.1 m159.8 m144.4 m129.2 m205.6 m

EBIT

(3.8 m)(22.1 m)(9.6 m)(28.9 m)(24.7 m)62.2 m78 m

EBIT margin, %

(2%)(10%)(4%)(13%)(12%)30%38%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

42.7 m37.6 m26.6 m34.9 m

Accounts Receivable

89.2 m71.5 m60.1 m62.4 m

Current Assets

181.2 m147.5 m116.1 m126.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

24.7 m31.7 m31.9 m25.2 m10.3 m9.1 m17 m23.1 m41.1 m33.1 m38.7 m

Accounts Receivable

89.3 m79 m81.7 m77.3 m70.1 m65.9 m64.5 m63.4 m61.3 m63.2 m60.8 m

Current Assets

160.8 m153.5 m151.9 m142.7 m116.5 m114 m129.3 m116 m132.6 m124.1 m126.8 m

Total Assets

1.6 b1.5 b1.5 b1.5 b1.4 b1.4 b1.4 b1.3 b1.3 b1.2 b1.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(414.9 m)(136.3 m)90.4 m104.1 m

Depreciation and Amortization

336.9 m220.7 m223.8 m222.3 m

Accounts Payable

508 k1 k5 k137 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(9 m)(32.2 m)(22.7 m)(37.8 m)(45.2 m)40.3 m53.1 m18.6 m29.3 m88.1 m(23.9 m)

Depreciation and Amortization

52.9 m54.1 m55.1 m56.6 m55.3 m55.8 m56.3 m57.6 m55.1 m54.9 m54.8 m

Accounts Payable

29.8 m39.6 m51.1 m30.1 m30 m28.2 m28.9 m28.5 m29.7 m
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FairPoint Communications Online and Social Media Presence

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