The inaugural deal is expected to close by the end of the month. Among its structural features are cash trap and cash sweep provisions.

Mayor Paul Choate has assured local residents that they will have options for Internet, cable TV, phone and other such services that are delivered through fiber optic technology.

The parent company of Facebookis reportedly planning to build a $10 billion underwater fiber-optic cable that will go around the world.

COURTESY HAWAIIAN TELCOM Hawaiian Telcom technician Melbert Ulep prepares to install a fiber-optic line to a home from a utility pole. Hawaiian Telcom announced a groundbreaking initiative Thursday to ...

Optical Cable Co. (NASDAQ:OCC – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.71 and traded as high as $4.83. Optical ...