Friday, October 22, 2010
PSC Approves Sale Of FiberNet
WEST VIRGINIA....
The West Virginia Public Service Commission has given approval to allow nTelos Holding Corp to purchase Charleston-based FiberNet. The $170 million deal comes with conditions, including requiring Waynesboro, Va.-based nTelos to spend an undisclosed amount of money to upgrade FiberNet's facilities over the next three years. The two companies hope the sale can be finalized by October 31st.
# posted by Homer Owens @ 9:26 AM 
