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Article: New Ulm Telecom acquires one-third ownership in Hector Communications Corporation.
- Article from:
- Telecomworldwire
- Article date:
- November 6, 2006
CopyrightCOPYRIGHT 2006 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TELECOMWORLDWIRE-6 November 2006-New Ulm Telecom acquires one-third ownership in Hector Communications Corporation(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
New Ulm Telecom Inc (OTCBB:NULM), a telecomms provider that serves rural communities in Minnesota and Iowa, announced on Friday (3 November) that the company has completed its acquisition of a one-third ownership in Hector Communications Corporation (AMEX:HCT), a telecomms holding company.
The acquisition was completed through Hector Acquisition Corporation, which is owned equally by New Ulm Telecom Inc, Blue Earth Valley Communications Inc and Arvig Enterprises Inc.
Hector ...