Source: FCC 214 Filing

Pattersonville Telephone Company, William Scott Toot, and Aaron Jones filed an application pursuant to section 63.03 of the Commission’s rules to transfer control of Pattersonville from Mr. Toot to Mr. Jones, both U.S. citizens.    

Pattersonville is an Ohio incumbent local exchange carrier that serves one exchange (approximately 375 access lines) within an approximate 45 square mile area in Carroll County, Ohio.  Mr. Toot currently owns 100 percent of the issued and outstanding shares of Pattersonville.  Pursuant to the terms of the proposed transaction, Mr. Jones will acquire 100 percent of the outstanding shares of Pattersonville from Mr. Toot.

Source: Otelco Press Release

Otelco Inc. (NASDAQ:OTT) announced that it has completed its previously announced acquisition of Shoreham Telephone Company, Inc. for approximately $4.5 million in cash, plus certain purchase price adjustments.

Shoreham Telephone, a privately owned company located in Shoreham, Vermont, has provided telecommunications solutions to residential and business customers for nearly a century. The company offers a complete set of voice, data and Internet services to its customers in middle Vermont. As of September 30, 2011, the company serves approximately 5,019 voice and data lines (or access line equivalents).

Source: NTELOS Press Release

NTELOS Holdings Corp. (Nasdaq:NTLS) announced that its board of directors has approved the separation of Lumos Networks from NTELOS through a tax-free dividend involving the distribution of all Lumos Networks common stock held by NTELOS to NTELOS stockholders and has also approved a one-for-two reverse stock split of shares of NTELOS common stock immediately prior to the distribution.

As a result, the following will occur after the close of business on October 31, 2011: NTELOS will effect a one-for-two reverse stock split of NTELOS common stock, immediately prior to the distribution of Lumos Networks common stock to NTELOS stockholders. Immediately after the reverse stock split, NTELOS will make the distribution of Lumos Networks common stock to NTELOS stockholders of record as of the close of business on October 24, 2011. In the distribution, NTELOS stockholders will receive one share of Lumos Networks common stock for every one share of NTELOS common stock they hold (post the reverse stock split).

NTELOS’s Board of Directors also has considered the post-separation dividend policies for NTELOS and Lumos Networks. The Board currently intends that following the Separation, NTELOS stockholders who retain their Lumos Networks shares will receive, in the aggregate, the same quarterly cash dividend rate of $0.28 per share that existed before the spin-off (or $0.56 per share on a post reverse stock split basis). Following the one-for-two reverse stock split and the distribution of the Lumos Networks stock, NTELOS is currently expected to pay a dividend at the initial rate of $0.42 per share per quarter, payable in January 2012. Lumos Networks is currently expected to pay a dividend at the initial rate of $0.14 per share per quarter, payable in January 2012

Source: FCC Public Notice

Pursuant to section 214 of the Communications Act of 1934, as amended, 47 U.S.C. § 214, and sections 0.91, 0.291, and 63.03 of the Commission’s rules, 47 C.F.R. §§ 0.91, 0.291, and 63.03, the Wireline Competition Bureau approves the application of Andrew Telephone Company, Inc. and LaMotte Telephone Company, Incorporated to transfer control of Andrew to LaMotte. No commenter opposed grant of the application.

The Bureau finds, upon consideration of the record, that the proposed transfer will serve the public interest, convenience, and necessity and, therefore, grants the requested authorization. Pursuant to section 1.103 of the Commission’s rules, 47 C.F.R. § 1.103, the consent granted herein is effective upon the release of the Public Notice.  Petitions for reconsideration under section 1.106 or applications for review under section 1.115 of the Commission’s rules, 47 C.F.R. §§ 1.106, 1.115, may be filed within 30 days of the date of this Public Notice