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Tuesday, September 14, 2010

PAETEC TO BUY CAVALIER, BOOSTING FIBER ASSETS
Paetec, a New York-based provider of voice, data and Internet services to businesses, hotels and other institutions, has agreed to buy regional rival Cavalier Telephone for USD460 million. Cavalier's fiber network is one of the largest in the country. The combined entity would have a fiber network of more than 37,000 miles, writes WSJ. (Wall Street Journal)

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