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Technology / AI and automation

ROCHESTER TELEPHONE TO BUY FOUR SMALL LOCAL PHONE COMPANIES

Rochester Telephone Corp continues to expand outside its home territory in New York state, and is to buy four small local phone companies way to the west in Illinois: the four are Midland Telephone, Inland Telephone, Prairie Telephone and Lakeside Telephone, which have an aggregate 10,000 lines installed; Rochester will buy the firms, which also have minority holdings in cellular franchises, in an exchange of shares, value undisclosed.

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CBR Staff Writer

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