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FairPoint Communications Announces Sale of Payphone Operations

CHARLOTTE, N.C. May 22, 2012

Ajay Sabherwal

the United States

In recent years, other telecom companies have also exited this business, including Verizon, AT&T and Sprint.

$1 million

PTS will purchase monthly access from FairPoint for any payphones it continues to operate after the deal is closed.  FairPoint and PTS expect the deal will close later this year.

SOURCE FairPoint Communications, Inc.

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