
We are lowering our fair value estimate for Commonwealth Telephone Enterprises CTCO to $38 per share from $51 to reflect the expected payment of a $13 per share special dividend. Shareholders of record on June 15 are entitled to the dividend, which will be paid out June 30.
hold revenue steady is in keeping with our thesis on Citizens and its telecom peers. Management believes that the Commonwealth CTCO acquisition will close over the next few months, with only the Pennsylvania Public Utilities Commission left to sign off on
The acquisition of Commonwealth Telephone Enterprises CTCO by Citizens Communications CZN appears one step closer to closing. CTE notified convertible debt holders of a March 8 "anticipated
Only a week after retaining an advisor to seek alternatives for the business, Commonwealth Telephone Enterprises CTCO has announced that Citizens Communications CZN will acquire the firm. Commonwealth shareholders will receive $31.31 in cash
Commonwealth Telephone Enterprises CTCO reported a modest decline in revenue and profits during the second quarter, in keeping with our estimates for the year. As a
We're keeping our fair value estimate of $38 per share for Commonwealth Telephone Enterprises CTCO , as its first-quarter 2006 financial results were in line with our expectations. Commonwealth continues to see its total access
We're maintaining our fair value estimate of $38 per share for Commonwealth Telephone CTCO as its fourth-quarter results were largely in line with our expectations. We continue to like this rural carrier's protected
We think Commonwealth Telephone Enterprises ' (CTE) CTCO third-quarter financial results support our thesis that it is an efficiently run fixed-line carrier with limited growth opportunities
Commonwealth Telephone Enterprises (CTE) CTCO has released second-quarter financial results that were in line with our expectations. We are maintaining our fair value estimate
Commonwealth Telephone's CTCO fourth-quarter and full-year financial results don't change our fair value estimate of $46 per share, as they were largely