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Stock Market & Financial Investment News

News Breaks
January 6, 2013
16:38 EDTHCOMHawaiian Telcom sees Wavecom acquisition adding to free cash flow
Hawaiian Telcom Holdco announced that its Hawaiian Telcom subsidiary has completed the acquisition of all of the capital stock of Wavecom Solutions Corporation. It is estimated that the transaction will generate approximately $4.5M of annual unlevered free cash flow upon completion of integration activities as a result of net incremental revenues and EBITDA of approximately $7M and $3.5M respectively, as well as network related capital expenditure synergies.
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