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Dominion Telecom Buys Networks From Telergy

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RICHMOND, Va., April 16 -- Dominion Telecom Inc., an affiliate of Dominion that provides facilities-based broadband services, announced that on April 10 it closed on the purchase of the upstate New York long haul and metro-fiber network facilities of Telergy Inc., a Syracuse, N.Y., telecommunications provider in liquidation. Dominion Telecom's $7.4 million bid was accepted by the US Bankruptcy Court for the Northern District of New York at Utica on March 25. Dominion Telecom previously had purchased facilities from Telergy. Over the past two years, it had purchased long haul fiber between...Read full article

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    Published: April 2002
    CommunicationsNews & Features

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