FairPoint Communications

Charlotte, United States Founded: 1993 • Age: 33 yrs Listed Acquired By Consolidated Communications
Communications services are delivered in rural U.S. areas.

About FairPoint Communications

FairPoint Communications is a company based in Charlotte (United States) founded in 1993 was acquired by Consolidated Communications in December 2016. The company has 1,249 employees. FairPoint Communications has completed 1 acquisition, including CTI Maine. FairPoint Communications offers products and services including High-Speed Internet, VoIP Phone, and Streaming TV. FairPoint Communications operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others.

Key Metrics

Products & Services of FairPoint Communications

FairPoint Communications offers a comprehensive portfolio of products and services, including High-Speed Internet, VoIP Phone, and Streaming TV.

High-Speed Internet
Internet Service

Delivers high-speed broadband for residential and business connectivity

VoIP Phone
Phone Service

Provides voice over IP for reliable communication services

Streaming TV
TV Service

Offers streaming television integrated with internet packages

Funding Insights of FairPoint Communications

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of FairPoint Communications with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2000–Private Equity Round––
Jun 1997–Unspecified–Kelso & Company
–
Valuation history

3 investors in total: 3 institutional.

Investors in FairPoint Communications

FairPoint Communications has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Consolidated Communications, Thomas H Lee Partners and Kelso & Company.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward traditional industries.
1974thl.comBoston, United States
Private equity investments are directed toward multiple sectors.
–kelso.comNew York, United States
Provider of phone, voice, data, VoIP, and internet services for residential & business
1894consolidated.comMattoon, United States
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Investor details for FairPoint Communications

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  • Round participation
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People of FairPoint Communications

1 people are tracked at FairPoint Communications (1 in leadership); the tracked headcount is 1,249.

NameRoleGroup
Bob Udell
CEO & PresidentLeadership
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Complete people profiles for FairPoint Communications

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Investments & Acquisitions by FairPoint Communications

FairPoint Communications has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CTI Maine.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of phone, internet, and fiber optic services for residential and business
cti-maine.comFalmouth, United States1988Aug 2016β€’β€’β€’β€’
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Complete acquisition details for FairPoint Communications

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  • Deal sources
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  • Exports

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Timeline of FairPoint Communications

6 dated milestones of FairPoint Communications across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded FairPoint Communications is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Private Equity Round,.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires CTI Maine.
  6. Exit Acquired by Consolidated Communications.

Competitors of FairPoint Communications

FairPoint Communications operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kpn.com1989The Hague, Netherlands–13,275
Mobile and fixed-line telecommunication services are provided across Europe.
hkbn.net1999Hong Kong, China$200M–
Provider of fibre optic broadband internet services
cogeco.ca1956Montreal, Canada––
Fiber-optic internet, TV, and fixed-line telephone services provider
bt.com1981London, United Kingdom–97
Provider of mobile phones and fiber broadband services for home & business
ciena.com1992Hanover, United States–412
Cloud-based network management software is provided for infrastructure planning.
centurylink.com1930Monroe, United States–25,928
Datacenter colocation, communication technology, and managed services are provided.
fpt.vn1997Hanoi, Vietnam$36.5M–
Broadband internet, IPTV, and data services are offered in Vietnam.
bezeq.co.il1984Tel Aviv, Israel––
Telecom services provider in Israel
bce.ca1880Montreal, Canada–500
Broadband communications and content services are delivered to diverse customers.
volia.com2002Kyiv, Ukraine$300M–
Fixed-line Internet and HDTV services are provided in Ukraine.
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Detailed competitors of FairPoint Communications

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Web traffic of FairPoint Communications

Websites that share an audience with FairPoint Communications (fairpoint.com).

Similar websites

Websites whose visitors overlap most with FairPoint Communications. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
centurylink.com
100%
1.8M#24,291View details
startec.com
89%
12K#3,226,276View details
timewarnercable.com
88%
14.3K#2,318,261View details
en.wikipedia.org
en.wikipedia.org
32%
–––
psnh.com
psnh.com
32%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for FairPoint Communications

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  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

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Latest news on Fairpoint Communications

Earnings Scheduled For March 6, 2017
Benzinga β€’ 9 years ago
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Complete news archive for FairPoint Communications

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Similar companies to FairPoint Communications

10 companies that operate in the same segment as FairPoint Communications (Telecom Operators), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
MTN Group is recognized as a leading telecommunications provider in Africa.
1994Johannesburg, Gauteng, South AfricaUSD 7.05 MUSD 13.7 B–
Global telecommunications company
1995Delhi, Delhi, IndiaUSD 292 MUSD 4.86 B4,250
Telephony, internet, television, and network-based ICT services are provided.
1994Brussels, Brussels-capital Region, Belgium–USD 7.08 B11,634
Mobile telecommunications, internet, and energy services are provided globally.
1981Tokyo, Tokyo, Japan–USD 44.14 B74,952
Mobile internet, TV, and telecommunication services are provided.
1876Dallas, Texas, United States–USD 125.65 B140,990
Mobile internet services are provided for homes and offices.
1981North Ryde, New South Wales, AustraliaUSD 19.72 M––
Sky is recognized as a provider of TV, broadband, and mobile services.
1990Isleworth, England, United Kingdom––31,000
Mobile and fixed-line telecommunication services are provided across Europe.
1989The Hague, South Holland, Netherlands–USD 6.82 B9,660
Provider of integrated telecommunication services
1984Seoul, South Korea–USD 11.84 B5,490
Integrated telecom and IPTV services are provided to Canadian customers.
1874Vancouver, British Columbia, Canada–USD 14.86 B106,800
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Frequently Asked Questions about FairPoint Communications

FairPoint Communications was founded in 1993 and raised its 1st funding round 4 years after it was founded.

FairPoint Communications is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Bob Udell is the current CEO of FairPoint Communications.

FairPoint Communications has 1,249 employees.

FairPoint Communications was founded in 1993 and operates in the telecommunications sector. Services encompassing local and long-distance phone, data, internet, broadband, television, business solutions, and fiber are provided across 17 states, primarily in rural regions of the United States. The company is headquartered in Charlotte. Bankruptcy was filed in 2009, with emergence from proceedings occurring in 2011.

FairPoint Communications's top competitors include KPN, Ciena and Bezeq.

FairPoint Communications offers High-Speed Internet, VoIP Phone, and Streaming TV.

FairPoint Communications has made 1 acquisition, including CTI Maine.

FairPoint Communications has 3 investors. Key investors include Consolidated Communications, Thomas H Lee Partners, and Kelso & Company.

FairPoint Communications operates through Fairpoint Communications, Inc..

Yes. FairPoint Communications was acquired by Consolidated Communications in December 2016.

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