This excerpt taken from the FRP 8-K filed Nov 12, 2008.
With that objective in mind, we have also attempted to provide normalized data, again for both revenue and for adjusted EBITDA for both the current quarter as well as the second quarter of this year in order to give you a better sense of the underlying quarter-over-quarter profitability in the business.
Now as we move forward and particularly as we get past the transition to our new platform of systems, its our intention to continue to supplement this data with additional information that we believe would be helpful to you in further understanding the business. I look forward to dialoguing with each of you in that regard as we move forward.
So with that, let me focus my remarks this morning on four principal areas, access lines and customer metrics, revenues, adjusted EBITDA, and then finally cash flow and liquidity. Overall total access line equivalents stood at nearly 1.77 million at the end of Q3. Now, that represented a decline of 9.2% over the past 12 months.
If you look at just the third quarter, access line equivalents declined by 2.8%, which was modestly higher than the 2.4% decline that we experienced during Q2 of this year. Importantly however, the quarter-over-quarter decline in northern New England in the Northern New England business in particular, as Gene mentioned, held essentially steady at the 3% level. That reflected an improvement in particular in the trend for high speed data subscribers, which essentially offset a modestly higher loss in voice access lines in northern New England.
Now in that regard its certainly important to keep in mind that the Q3 numbers do reflect some seasonality associated with the end of summer disconnects, particularly in the northern New England states, but also in certain of our Legacy FairPoint markets as well. Of course, we all know the economic situation including consumer sentiment, certainly deteriorated steadily throughout the quarter and particularly during the month of September.
Now let me give you just a few data points on that related to the Legacy FairPoint side of the business, where as Im sure you noted from the press release, we did experience an increase in the rate of access line decline during Q3. Of the gross disconnects in legacy voice lines, which was about 2,600 lines higher in Q3 than in Q2, about one third of that quarter-over-quarter increase reflected seasonality, about 15% broadly could be identified as being related to the economy, and about half of that decline was attributable to the initial rollout of the digital phone offering by Time Warner in eight of our Legacy main markets.
In terms of high speed data, where over time we believe we have a significant market opportunity particularly in the northern New England states, as Gene mentioned, encouragingly we did see some improvement during the quarter. While overall high speed data subscribers in the Northern New England business declined by 0.8% during the quarter, that rate of decline was less than half of the 2% decline that we experienced in the prior quarter.
Importantly, we appear to have turned the corner both in Maine and Vermont with both states experiencing quarter-over-quarter subscriber increases in Q3 compared with declines in both of those states in the prior quarter. Losses in New Hampshire are principally focused in the southern portion of the state and reflect a very aggressive competitive landscape in those markets.
Overall high speed data subscribers, as you saw in our release, totaled about 294,000 at the end of September. That is essentially equal to the level at the end of Q2. Penetration in Legacy FairPoint just over 33% 33.2% to be exact at quarter end compared with 17.6% in Northern New England.
On the long distance side, LD subscribers stood at about 644,000 at the end of Q3, compared with about 656,000 at the end of June, a decline of 1.9%. LD penetration approaching 44%, actually 43.7% to be exact at the end of Q3, and that is modestly higher than the 43% at the end of June. Total the higher penetration rates both in high speed data and long distance certainly indicate that a greater percentage of our customers are now on bundled packages.
Okay, turning to revenue. As you know, our reported revenue for the quarter came in at $328.3 million compared to $344.7 million in Q2. That decline as we reported in the press release reflected the decrease in access line equivalents of about 2.8% in Q3. The effect of the previously mandated local rate decrease in Maine that went into effect during the quarter in August, as well as several prior period revenue adjustments which totaled about $5.3 million and were reflected in our third-quarter results but really related to Q2 reported revenue.
So if you normalize for non-recurring for the non-recurring revenue adjustments that related to the second quarter as well as for the impact of the Maine local rate reduction, which again took effect in August in Q3, normalized revenue for the quarter would have been $333.5 million compared with $336.4 million in Q2. So a quarter-over-quarter decline of 0.9%.