NTELOS Wireline, FiberNet rebranding as Lumos Networks

NTELOS Holdings Corp. (Nasdaq: NTLS) has decided to combine its NTELOS Wireline and FiberNet subsidiaries under a new brand as part of a strategy to spin off its wireline business as a publicly traded company. The combined assets will operate under the name Lumos Networks Corp.

NTELOS Holdings Corp. (Nasdaq: NTLS) has decided to combine its NTELOS Wireline and FiberNet subsidiaries under a new brand as part of a strategy to spin off its wireline business as a publicly traded company. The combined assets will operate under the name Lumos Networks Corp.

NTELOS expects Lumos Networks Corp. common stock will be listed on the NASDAQ Stock Market, trading under the symbol “LMOS.” NTELOS plans to launch the new brand in early September with launch events Charleston, WV, and Waynesboro, Covington, and Daleville, VA.

Said James A. Hyde, CEO of NTELOS Holdings Corp, “Lumos Networks will continue to operate under the same core values as NTELOS, but with exciting new branding that will be shared with wireline employees and introduced to customers over the next few weeks. NTELOS Wireless will retain the NTELOS name and will continue to provide dependable nationwide wireless voice and data services.”

“While our name and look will be changing, our guiding principles of doing business, most importantly Customer First, will not,” said “Our mission, values and the people who serve our customers remain the same.”

“The change to Lumos Networks will allow us to create a stronger identity for our wireline business– data, broadband, voice, and IP services,” asserts Michael B. Moneymaker, president and CFO of Lumos Networks Corp. “We are very excited about this change and the tremendous opportunities it presents for our customers, the communities we serve, and our employees.”

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