FairPoint Communications Schedules Conference Call to Discuss Financial Details Related to its Recently Completed Transaction With Verizon Communications

FairPoint Communications Schedules Conference Call to Discuss Financial Details Related to its Recently Completed Transaction With Verizon Communications

CHARLOTTE, N.C., April 11 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. (NYSE:FRP) today announced that it will host a teleconference on Thursday, April 17, 2008 at 10:00 a.m. ET to discuss the Company's recently completed transaction in which FairPoint acquired Verizon Communications' landline and certain related operations in Maine, New Hampshire and Vermont. Participating on the call will be FairPoint's Chairman and Chief Executive Officer, Gene Johnson, President Peter Nixon and Chief Financial Officer John Crowley. The conference call will incorporate a slide presentation that will be made publicly available prior to the conference call and allow ample time for a Q&A session.

On the conference call, FairPoint's senior leadership team will discuss the Company's financial position, debt profile, projected capital expenditure requirements, anticipated cost savings/synergies and integration strategy and process.

To access the Webcast and the slide presentation, participants should click the "Presentations" section of FairPoint's Investor Relations page at http://phx.corporate-ir.net/staging/phoenix.zhtml?c=122010&p=irol-irhome.

To access the teleconference, participants should call (888) 253-4456 (US/Canada) or (706) 643-3201 (international) at 9:50 a.m. (ET) and request the FairPoint Communications call or Conference ID# 43357737. A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call (800) 642-1687 and enter confirmation code 43357737. The recording will be available from Thursday, April 17, 2008 at approximately 1:00 p.m. (ET) through Thursday, May 15, 2008 at 11:59 p.m. (ET). An online Webcast replay will be available beginning at 1:00 p.m. (ET) on April 17, 2008 and will remain available for one year.

FairPoint also expects to host an investor day in New York City after the Company reports first quarter earnings. More details regarding the investor day will follow in the coming weeks.

About FairPoint

FairPoint Communications, Inc. is an industry leading provider of communications services to communities across the country. Today, FairPoint owns and operates 32 local exchange companies in 18 states offering advanced communications with a personal touch including local and long distance voice, data, Internet, television and broadband services. FairPoint is traded on the New York Stock Exchange under the symbol FRP. Learn more at www.fairpoint.com.

This press release may contain forward-looking statements by FairPoint that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in FairPoint's filings with the Securities and Exchange Commission ("SEC"), including, without limitation, the risks described in FairPoint's most recent Annual Report on Form 10-K on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and FairPoint undertakes no duty to update this information.

   Investor Contact: Brett Ellis                     (866) 377-3747                     bellis@fairpoint.com    Media Contact:   Rose Cummings                    (704) 840-5202                    rcummings@fairpoint.com  

First Call Analyst:
FCMN Contact:

Source: FairPoint Communications, Inc.

CONTACT: Investors, Brett Ellis, +1-866-377-3747, bellis@fairpoint.com,
or Media, Rose Cummings, +1-704-840-5202, rcummings@fairpoint.com, both of
FairPoint Communications, Inc.

Web site: http://www.fairpoint.com/

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