Fairpoint CEO Talks Possible Bankruptcy - Solving the 'financial piece of this company' to be 'interesting'

Earlier this month we noted how Fairpoint Communications would miss most of their New England broadband expansion goals as the carrier continues to deal with fleeing customers and a high debt load. Over the weekend Fairpoint CEO David Hauser talked with the New Hampshire Union Leader. Hauser puts on a relaxed face when asked about the company's NYSE delisting, whether Fairpoint overpaid for the New England networks, and how a very possible bankruptcy could impact the company:

"There's a whole series of events that caused the last six months to be very difficult for FairPoint. The vast majority of those events, we're past (them) at this point," he said. "Now our next one is we have to solve the financial piece of this company, and that's going to be very interesting, but I'm highly confident of where we'll end up with that," Hauser said. "We will restructure the debt in one of two ways ... either in (bankruptcy) court or out of court. If you're looking into the future, it doesn't matter which way you got there. You'll come pretty streamyx usb to the Tourism Malaysia place either way."

One thing that's in Hauser's favor? The same weak-kneed regulators who approved the deal in the first place amid warnings from analysts, unions and consumer advocates continue to allow the company to Broadband Internet Service Provider forward without a transparent, publicly verifiable improvement plan.
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