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PACIFIC TELECOM, SHELL LAKE TELEPHONE ANNOUNCE COMPLETION OF MERGER

PACIFIC TELECOM, SHELL LAKE TELEPHONE ANNOUNCE COMPLETION OF MERGER
 VANCOUVER, Wash., June 16 /PRNewswire/ -- Pacific Telecom Inc. (PTI) (NASDAQ: PTCM) and Shell Lake Telephone Co. Inc. announced today the completion of a merger of Shell Lake and a subsidiary of PTI, PTI said. The terms of the merger, which involve cash and PTI stock, provide that Shell Lake will continue in business as a subsidiary of PTI.
 Shell Lake serves approximately 1,950 access lines in Shell Lake, Wis., and surrounding communities. Additionally, Shell Lake participates in the Wisconsin Cellular Rural Service Area No. 1, representing approximately 9,600 pro-rata POPs which PTI manages.
 PTI's chairman and chief executive officer, Charles E. Robinson, remarked that "Shell Lake is an especially fine acquisition as we serve access lines to both the north and south in the Spooner and Cumberland exchanges, and we manage the cellular property. This is an ideal complement to PTI's strategy of developing operations in and providing services to the rural Midwest." Peter S. Quam, president of Shell Lake, added that "PTI's reputation for providing good telephone service and commitment to rural communities in the Midwest and West make this an attractive move for Shell Lake."
 Pacific Telecom Inc. is a PacifiCorp (NYSE: PPW) company.
 -0- 6/16/92
 /CONTACT: James H. Huesgen or Brian M. Wirkkala of Pacific Telecom, 206-696-0983/
 (PTCM PPW) CO: Pacific Telecom Inc.; Shell Lake Telephone Co. Inc.; PacifiCorp ST: Washington, Wisconsin IN: TLS SU: TNM


SC -- SE002 -- 0652 06/16/92 11:50 EDT
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Publication:PR Newswire
Date:Jun 16, 1992
Words:251
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