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Entries from November 1, 2008 - November 30, 2008

Tuesday
Nov252008

New Ulm Telecom 4th Quarter Dividend

Source: New Ulm Press Release

The Board of Directors of New Ulm Telecom (OTC:NULM.OB) declared a 4th quarter dividend in the amount of $.10 per share. The dividend will be paid to shareholders of record at the close of business on December 5, 2008 and will be payable on December 15, 2008.

Monday
Nov242008

ACS Unveils New Retail Location in Homer

Source: Alaska Communications Press Release

Alaska Communications Systems Group (Nasdaq:ALSK, "ACS") has announced the relocation and opening of a new retail store in Homer. The store, located at 3546 Greatland Street, will serve customers starting on Nov. 28, the day after Thanksgiving.

Open Monday through Friday from 10 a.m. to 6 p.m., the store will feature ACS' latest phones and accessories. To mark the traditional start of the holiday shopping season, ACS is offering special discounts on select PDAs, smart phones and other wireless devices, including $50 off a BlackBerry(R) Pearl or Curve for new customers. Some phone models will be discounted by as much as 50 percent with activation.

"Our new investments in fiber optics, retail stores and advanced wireless solutions make ACS the intelligent choice for Alaska's Enterprise clients and individual customers. We look forward to meeting their diverse and growing telecom needs in 2009 and beyond," said Sheldon Fisher, senior vp, Sales and Service.

ACS' existing Homer store at 205 Main Street will close on Wednesday, Nov. 26.

Friday
Nov212008

HickoryTech Corporation Makes Stock Purchase

Source: HickoryTech Press Release

HickoryTech Corporation (Nasdaq:HTCO) announced that it has purchased 93,000 shares of its own common stock for $519,000 in a block transaction handled through a market maker. The Company has purchased a total of 393,000 shares of its common stock in November for a total purchase price of $2,362,000.

"Current market conditions presented an opportunity for us to demonstrate our confidence in the company while adding value to our shareholders," said John Finke, president and chief executive officer at HickoryTech.

HickoryTech will have 12,974,000 shares outstanding after the November transactions. The Company has no formal share repurchase plan and has no plans to purchase any additional shares in 2008.

Wednesday
Nov192008

CenturyTel Declares Quarterly Cash Dividend

Source: CenturyLink Press Release

CenturyTel (NYSE:CTL) has announced that its Board of Directors voted to declare a quarterly cash dividend of $.70 per share, payable on December 15, 2008, to shareholders of record on December 2, 2008.

Tuesday
Nov182008

Ann E. Flowers Joins Shenandoah as General Counsel

Source: Shentel Press Release

Shenandoah Telecommunications Company (Nasdaq:SHEN, "ShenTel") announces that Ann E. Flowers has joined the Company as general counsel, vice president- legal. In this position, Ms. Flowers will serve as the chief legal officer of the ShenTel organization.

Ms. Flowers has 25 years of legal experience, primarily representing telecommunications, media and technology clients. She most recently was Of Counsel in the Washington, DC office of Davis Wright Tremaine LLP and was previously with Hogan & Hartson in Washington, DC.