FairPoint Restructures, Eliminates 260 Positions

FairPoint Communications is restructuring and will eliminate 260 positions across 17 states, including closing a call center in South Burlington, Vermont, the telco said in a news release Friday. "Combined with other headcount reductions over the past two years," the cut "approximates the level of voice line loss the company has experienced" in that time, it said. "Access lines and legacy revenues are in secular decline," CEO Paul Sunu said.