NTELOS Holdings Corp. (NTLS), a provider of wireless and wireline communications services said Thursday that effective December 1, 2010, it closed on its acquisition of the FiberNet business unit from One Communications Corp.
The purchase price for the transaction was $169 million, less working capital and other adjustments to date of about $6 million, for a net cash consideration at closing of nearly $163 million.
According to the company, the purchase includes about 30,000 customer accounts in West Virginia, Ohio, Maryland, Pennsylvania, Virginia and Kentucky.
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