FairPoint Communications 2009 Annual Report Download - page 70
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Revenues
Revenues decreased $147.9 million to $1,126.8 million in 2009 compared to 2008. The acquisition of Legacy FairPoint contributed $245.5 million
and $196.7 million to total revenues in the years ended December 31, 2009 and 2008, respectively. Excluding the impact of the Merger, combined total
revenue would have decreased $196.7 million. Revenues in each of our revenue categories have been impacted by the weakness of the economy during
2008 and 2009, which has caused a decrease in discretionary consumer spending and resulted in an increase in access line losses and a decrease in
usage. Our revenues have also been adversely impacted by the effects of competition and the use of alternative technologies. Additionally, because of
Cutover issues that prevented us from executing fully on our operating plan for 2009, as well as detrimental effects of the Chapter 11 Cases, our
revenue has continued to decline. We derived our revenues from the following sources:
Local calling service revenues decreased $120.1 million to $440.7 million in 2009. This decrease is partially attributable to
a reduction in revenue totaling $26.0 million for the year ended December 31, 2009 for service quality penalties incurred in the northern New England
states coupled with an 11.3% decline in total voice access lines in service at December 31, 2009 compared to
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