Northern New England Spinco

Northern New England Spinco, Inc.
Subsidiary of Verizon
Industry Telecommunications
Predecessor Verizon
Successor FairPoint
Founded 2006
Defunct 2008
Parent Verizon (2006-2008)
Website www.fairpoint.com

Northern New England Spinco, Inc. was a Verizon Communications subsidiary created in 2007. Its sole purpose of existence is to act as a reverse Morris trust holding company for Verizon's assets owned by Bell Atlantic, GTE, NYNEX, and Verizon located within Maine, New Hampshire, and Vermont. This company was spun off to Verizon stockholders on March 31, 2008 and was merged into FairPoint Communications the same day.

Northern New England Spinco consisted of the following companies:

References

    This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.