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Technology / AI and automation

PITTENCRIEFF SUSPENDS RADIO LICENCE TALKS WITH CRESCENT

Abilene, Texas-based Pittencrieff Communications Inc, now a free-standing company, has suspended talks on acquisition of Specialised Mobile Radio licences and assets from Potomac Corp’s Crescent Communications Division, saying that geographic expansion into new markets at the cost of substantial shareholder dilution would not at present be prudent and that it is evaluating several acquisitions within and adjacent to its existing service areas in the western US.

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CBR Staff Writer

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