Source: FCC Daily Digest

The Wireline Competition Bureau has granted the application to transfer control of IdeaOne Telecom Group, LLC to HickoryTech Corporation (Nasdaq:HTCO). The Bureau has determined that grant of this application serves the public interest. 

HickoryTech agreed to acquire IdeaOne Telecom in December 2011 in an all-cash transaction valued at $28 million. IdeaOne provides data networking, Internet, colocation, phone and hosting services to approximately 3,600 business and residential customers in the Fargo area. The company has 40 employees. The acquisition will add 225 fiber route miles to HickoryTech’s regional network.