FairPoint, IBEW, AND CWA REACH TENTATIVE AGREEMENTS

FairPoint Communications, Inc. (Nasdaq: FRP); System Council T-9 of the International Brotherhood of Electrical Workers (AFL-CIO) Locals 2320, 2326, and 2327; and the Communications Workers of America (AFL-CIO) Local 1400 are pleased to announce that today they have reached tentative agreements on the terms for new collective bargaining agreements.

The Company and the Unions agree that the terms of their new collective bargaining agreements will address, in meaningful and constructive ways, the objectives of the parties and that the new labor agreements will provide employees with wages and benefits that are among the best in northern New England. At the same time, the agreements permit the Company to achieve a much more competitive position in the marketplace. For more check out PR Newswire.