March 25, 2008
FairPoint negotiates with unions
FairPoint Communications has made a tentative agreement with two unions that originally opposed the North Carolina-based company's buyout of Verizon's landlines in Maine, New Hampshire and Vermont.
Fairpoint has reached agreements on a number of issues with the International Brotherhood of Electrical Workers and the Communications Workers of America, including wage and pension increases, healthcare benefits, and 401(k) improvements, a press release states. The 2,500 union members, which FairPoint will inherit from Verizon, must ratify the terms.
The unions had originally opposed the deal, expressing concerns about job security and whether FairPoint has the resources to maintain services and expand high-speed Internet access in northern New England.
Fairpoint has reached agreements on a number of issues with the International Brotherhood of Electrical Workers and the Communications Workers of America, including wage and pension increases, healthcare benefits, and 401(k) improvements, a press release states. The 2,500 union members, which FairPoint will inherit from Verizon, must ratify the terms.
The unions had originally opposed the deal, expressing concerns about job security and whether FairPoint has the resources to maintain services and expand high-speed Internet access in northern New England.
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