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ICG Communications to Sell Fiber Optic Unit

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NEW YORK, Sept. 8 -- ICG Communications Inc., a regional phone company based in Englewood, Colo., has announced the planned sale of its fiber-optic networking unit. In this latest in a series of asset disposals by the telecom, ICG will sell its Fiber Optic Technologies Inc. unit, which provides network integration and support services, to ACS Communications Inc. Terms of the sale were not disclosed. ICG will retain its Telecom unit, which offers local telephone service in Colorado, California, the Ohio Valley and parts of the southeastern US. This transaction follows last month's sale of two...Read full article

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    Published: September 1999
    Communicationsfiber opticsNews & Features

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