MONROE, La.-Century Telephone Enterprises Inc. said it has acquired Ringgold Telephone Co. in exchange for cash, common stock and convertible preferred stock.
Century has headquarters in Monroe, La. Ringgold is located in Ringgold, La., about 75 miles southwest of Monroe.
The acquisition gives Century 208,000 additional pops, bringing its total pops to 7.8 million. Century said it is the 16th largest local exchange telephone company based on access lines, and the 15th largest cellular company based on U.S. pops owned.
