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The IT company has hired a Michigan-based investment bank to conduct the sale, a court filing shows.
The company said it aims to address financial challenges triggered by the abrupt cancellation of one client's contracts.
Code conservation strategies include reduced historical and projected demand for new numbers.
Six Maine business and nonprofit leaders shared '60 ideas in 60 minutes' at a panel discussion moderated by Linda Varrell, president of Broadreach Public Relations.
A new ambassador program aims to engage growers, fishermen and coastal residents in discussion about aquaculture, filling a gap in communication and mentoring opportunities at the community level.
The funding includes $9.6 million in grants from the Maine Connectivity Authority and will help connect more than 15,500 homes and businesses across Waldo and Lincoln counties.
The president/CEO of Burgess Marketing & Advertising in Portland is also the ceremonial last finisher of Maine Cancer Foundation's annual Tri for a Cure fundraiser, raising close to $190,000 in 17 years.
"With this approval, Maine can now put historic federal funds to use to bring the internet to more people in Maine," Gov. Janet Mills said of the federally funded plan.
The iconic digits might last another nine years. Mainebiz takes a look at the end of 207, including an expert's prediction of what the state's next area code will be.
The final round came down to Jessica Estes, president of the Boulos Co., who was playing for Learning Works, and Jacqueline Edmondson, president of the University of Southern Maine, who was playing for the USM Scholarship Fund.
Tilson, a Portland-based telecommunications infrastructure and services firm, appointed Adria Horn as president and Tim Schneider as chief legal officer.
Approval of a plan to expand internet access and to eliminate connectivity barriers could unlock between $12 million and $14 million. Maine's plan is the first such state plan to receive federal approval.
COO Darrell Ingram was promoted to CEO at the 1,400-employee information technology company based in Portland, while outgoing CEO Joshua Broder will stay on as executive board chairman and CEO of Tilson Infrastructure.
The Maine Public Utilities Commission has been monitoring the status of the area code closely for several years. At one time, it was predicted that phone numbers with the distinctive digits would be exhausted by 2025.
Chris Flood, who has been with the telecommunications provider for 22 years, has been promoted to the leadership role.
Business leaders are worried about the impact of a protracted federal shutdown on some sectors and the state's economy as a whole.