FairPoint CEO: expect to exceed our full year guidance, generating FCF

theflyonthewall.com

CEO Paul H. Sunu commented: "It is clear from this quarter's results that our 'four pillar' strategy is taking hold. We expect to exceed our full year guidance and we are generating free cash flow. As a result, we were able to make a $25M voluntary prepayment of debt in the quarter reflecting our desire to delever and increase shareholder value."

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