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NTS adopts buyback plan to repurchase NIS 5 million series A bonds
By Tali David
Minneapolis, Feb. 13 - The board of directors of NTS, Inc. adopted a buyback plan that authorizes the company to repurchase its series A bonds for a total of NIS 5 million, according to an 8-K filed with the Securities and Exchange Commission.
Any repurchases of the bonds will be financed from the company's internal sources, as available from time to time.
NTS was formerly known as Xfone. The company, which is based in Lubbock, Texas, provides integrated communications services over fiber-to-the-premise and other networks.
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