FairPoint Communications, a provider of telecommunications services through a network of local phone companies, is moving ahead with plans for an initial public offering of stock.

FairPoint, which is based in Charlotte, plans to offer 25 million shares at between $18 and $20, according to media reports based on SEC filings.

FairPoint announced plans for an IPO early in 2004 then held off on moving ahead.

FairPoint will traded under the symbol FRP on the New York Stock Exchange.

FairPoint: www.fairpoint.com