Analog modem with Hyper-V 2012 guest?

I have just migrated a Windows 2003 guest VM from Virtual Server to a Windows 2012 Hyper-V host.  I had forgotten that the guest used a modem for a fax application.  I know that Hyper-V 2008 did not support a serial modem redirection to a guest OS.  Does Hyper-V 2012 support this?  Note that this is a SERIAL modem, not a USB modem.

Thanks,
Joe