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Thursday, May 29, 2008 at 3:55PM Source: CenturyLink Press Release
CenturyTel (NYSE:CTL) has announced that its Board of Directors voted to declare a quarterly cash dividend of $.0675 per share, payable on June 24, 2008, to shareholders of record on June 11, 2008.
Tuesday, May 27, 2008 at 12:33PM Source: Alaska Communications Press Release
Alaska Communications Systems Group ("ACS") (Nasdaq:ALSK), has announced the appointment of Paula Dobbyn as Director of Corporate Communications. In her new role, Dobbyn will act as the company's media spokesperson, with responsibility for public relations and internal communications.
"We're delighted to have Paula on board. Her award-winning background in the news industry, spanning two decades in print, broadcast and online media, positions Paula to serve a cutting-edge role on the ACS team. The company will leverage Paula's communications expertise to focus national attention on an exciting array of new ventures for ACS, including an estimated $175 million investment to connect Alaska to the Lower 48 via two undersea fiber optic cables, the most advanced in the state," said Liane Pelletier, ACS president and ceo.
"The construction of an undersea fiber cable, the Alaska Oregon Network (AKORN), combined with the recent acquisition of Crest Communications and ACS' advanced in-state network, will provide customers with the most advanced and secure data transport system available in Alaska. We hired Paula to help tell that story as well as many others that highlight ACS' innovations and the company's commitment to bringing advanced voice and data technology to Enterprise and mass market customers across Alaska."
Before joining ACS, Dobbyn covered business and environmental news as a reporter for the Anchorage Daily News for seven years, focusing on Alaska Native corporations and natural resource industries. Prior to the Daily News, she covered the Alaska capital for public radio and television in Juneau for four years after working as a newscaster and producer for Monitor Radio & TV in Boston from 1989 to 1993. She has freelanced from Washington, D.C., Los Angeles, Belfast, Jerusalem and Central America and has received numerous journalism awards. Dobbyn was a Ted Scripps Fellow in Environmental Journalism from 1998-99 at the University of Colorado in Boulder and a writer-in-residence at Environment Hawaii in 2003. She has a B.A. from Hampshire College in Amherst, MA, and an LL.M. with distinction from Queen's University, Belfast, Northern Ireland. Dobbyn began her career as a radio correspondent during the Sandinista revolution in Nicaragua, where she lived for four years.
Thursday, May 22, 2008 at 11:48PM Source: Qwest Press Release
Qwest Communications International (NYSE:Q) announced preliminary voting results following its annual shareholders’ meeting at the Denver Center for Performing Arts Complex. At the meeting, shareholders elected 13 directors, including Edward A. Mueller, Linda G. Alvarado, Charles L. Biggs, K. Dane Brooksher, Peter S. Hellman, R. David Hoover, Patrick J. Martin, Caroline Matthews, Wayne W. Murdy, Jan L. Murley, Frank P. Popoff, James A. Unruh, and Anthony Welters.
Thursday, May 22, 2008 at 2:39AM Source: Frontier Press Release
Citizens Communications Company (NYSE:FTR) announced that at its Annual Meeting on May 15, 2008 stockholders overwhelmingly approved changing the company's name to Frontier Communications Corporation. The change will become effective on July 31, 2008. That day, the company's stock symbol on the New York Stock Exchange will become "FTR" and the company's chairman and ceo, Maggie Wilderotter, along with the Board of Directors, is scheduled to ring the opening bell.
"The name change will align our corporate name with the brand name under which we operate and are known in our markets. This change allows us to leverage the strength of our brand, and link our corporate identity with our customers and our employees," said Ms. Wilderotter. She added, "While our corporate name will change, all core elements of the organization remain the same. As Frontier Communications, we will continue to provide all of our constituents -- our shareholders, our customers, our communities and our employees -- with the highest level of products and service."
The new Frontier corporate identity, including a new logo and website, will be launched on July 31st. "The Frontier logo, already used in our local markets, graphically communicates our promise to connect communities," Ms. Wilderotter remarked. "As a local, community-based communications company, Frontier is in the business of bringing people together. Frontier will continue to offer the best voice, broadband data and video services to our residential and business customers. Our unified corporate branding is a way to visually communicate that we are keeping pace with new products and services that our customers want."
Wednesday, May 14, 2008 at 3:56AM Source: Otelco Press Release
Otelco (Nasdaq:OTT), the sole wireline telephone services provider in rural communities in Alabama, Maine and Missouri, announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an "IDS"), which will be made on June 30, 2008 to holders of record at the close of business on June 13, 2008. The distribution represents the fourteenth consecutive quarterly distribution since the company completed its initial public offering in December 2004.
Each IDS is comprised of one share of Class A Common Stock and $7.50 principal amount of 13% senior subordinated notes due 2019.
The distribution consists of a dividend of $0.17625 per share of Class A common stock and an interest payment on the senior subordinated notes for the period from March 30, 2008 through June 29, 2008 of $0.24375 per note.
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