Rural telecom in dispute with hedge fund manager

Poughkeepsie, N.Y.-based Warwick Valley Telephone Co. has found itself in a spat with hedge fund manager Larry Goldstein about wireless wholesaler Orange County-Poughkeepsie. The dispute, which centers around Goldstein's efforts to have Warwick to pay a higher dividend or spin off O-P, reflects a broader conflict between some capital-focused telecoms and major investors over how much money should be returned shareholders.

Wall Street Journal, The | 12/30 Bookmark and Share

This story published in USTelecom dailyLead on 12/30/2005





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