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CenturyTel offers to buy fiber-optic business

ST. LOUIS-CenturyTel Inc. has offered $38 million to buy Digital Teleport’s fiber-optic business and Digital has requested approval to hold an auction for the unit.

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Digital Teleport, which filed for Chapter 11 bankruptcy protection last year, said it will also hold auctions for its fiber-optic transport and Ethernet services units.

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