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FiberTower repurchases $70.9 million of its debt for $30.9 million
By Devika Patel
Knoxville, Tenn., Aug. 6 - FiberTower Corp. said it bought back $70.9 million of its debt for $30.9 million, an average price of approximately 43, in the second quarter.
As of June 30, FiberTower's outstanding debt stood at $304.5 million.
San Francisco-based FiberTower is a provider of backhaul and access services to communications companies.
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