Otelco Wins CAF II Bid and Makes Voluntary Prepayments on Debt

Sep 19, 2018

ONEONTA, Ala., Sept. 19, 2018 (GLOBE NEWSWIRE) -- Otelco Inc. (Nasdaq: OTEL), a wireline telecommunication services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, announced today that it has been awarded funding from the FCC’s CAF II auction for services in Western Massachusetts and is further reducing its leverage through voluntary prepayments on its CoBank debt.

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