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Communications

CEI Ventures closes fourth venture fund, has $20M under management

Lori Valigra |

CEI Ventures has closed its fourth fund, Coastal Ventures IV LP, at just under $10 million, with the monies targeted at small businesses in Maine and the Northeast.

Journal Tribune drops Monday print edition

The Biddeford-based Journal Tribune reported it would discontinue its printed Monday edition in order to focus on enhancing its Monday digital edition.

FirstLight Fiber combines with Oxford Networks

STAFF |

FirstLight Fiber, a leading fiber-optic bandwidth infrastructure services provider operating in New York and northern New England, announced today that Oak Hill Capital Partners has completed its...

Pingree joins call for FairPoint to postpone layoffs

U.S. Rep. Chellie Pingree, D-Maine, has joined several congressional colleagues from Northern New England in sending a letter to FairPoint Communications asking the company to reverse its...

Redzone, Maine Fiber team up to expand 'last mile' internet service

Redzone Wireless moved closer to its goal of covering 90% of the state's population with wireless internet service in March via a new contract with Maine Fiber Co.

FairPoint merger may bring Maine more broadband options

Mainers may get more broadband and television options in the future as Consolidated Communications' plans takeover of FairPoint.

FairPoint investigation expanded

The Maine Public Utilities Commission is expanding its investigation of FairPoint Communications Inc. for failing to meet minimum service standards for landline customers, agreeing Tuesday to extend...

FairPoint to lay off more than 110 in New England

FairPoint Communications announced last Thursday that it plans to lay off more than 110 employees from Maine, New Hampshire and Vermont, according to union representatives.

SaviLinx thrives on not being your average call center

Lori Valigra |

SaviLinx has been growing quickly and expects revenue to rise to more than $10M this year, up from $4.3M last year. The 30,000 square feet of space at Brunswick Landing is filling up quickly.

Verizon closing Bangor call center, 218 offered out-of-state relocation

Verizon Wireless is closing a call center in Bangor and offering 218 employees jobs outside of Maine as part of a larger nationwide consolidation effort, according to Verizon spokesman Michael Murphy.

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