Regulator approves Windstream buyout in NC

20 Aug 2007

The Federal Communications Commission (FCC) has approved Windstream’s USD585 million acquisition of North Carolina-based CT Communications. The deal, which was first announced in May, will add 158,000 wireline accounts and 29,000 broadband subscribers to Windstream’s customer base. CT Communications shareholders are due to vote on the deal on 23 August, with the transaction expected to close shortly after if it is approved.

United States, Windstream Communications