FairPoint agrees to sell its Idaho operations to Blackfoot for $30M FairPoint Communications announced that it has entered into an agreement to sell the capital stock of its Idaho-based operations to Blackfoot Telecommunications Group of Missoula, Montana, for $30M in cash. FairPoint's Idaho properties serve more than 5,000 residential and business customers in eastern Idaho. On an annual basis, the properties contribute approximately $8M in revenue, approximately $5M in EBITDA, with capital expenditures of approximately $1M.
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