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Filed by: CFW Communications Company
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: CFW Communications Company
Commission File No. 333-43244
Contacts:
Michael B. Moneymaker Wes Wampler Mike Minnis
Senior VP & CFO Director Investor Relations Public Relations Mgr.
540-946-3531 540-949-3447 540-946-7290
[email protected] [email protected] [email protected]
CFW Communications Shareholders Approve Merger
Other Proposals Also Approved
Waynesboro, VA - December 4, 2000 - CFW Communications Company (NASDAQ: CFWC)
announced that all five proposals have been approved by its shareholders at a
special meeting held December 4. The items approved in today's vote include the
change of CFW's name to NTELOS Inc., and the merger with R&B Communications,
which is pending R&B shareholders and regulatory approval. Also approved were an
increase in the size of the CFW board of directors to 11 members, and an
increase in the authorized shares of CFW common stock from 20,000,000 to
75,000,000. The proposed modifications of various terms of CFW's outstanding
series B, series C and series D preferred stock was also approved.
CFW Communications (NASDAQ: CFWC; scheduled to commence trading under the symbol
NTLO on December 6, 2000), doing business as NTELOS, is an integrated
communications provider with headquarters in Waynesboro, Virginia. NTELOS
provides a broad range of products and services to customers in Virginia, West
Virginia, Kentucky, North Carolina and Tennessee including digital PCS, dial-up
Internet access, high-speed data transmission, DSL (high-speed Internet access),
and local telephone and long distance telephone services. Detailed information
about CFW Communications and NTELOS is available online at www.cfw.com and
www.ntelos.com.
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