Telephone co-op to distribute $2.8 million
Paul Bunyan Telephone, Bemidji's telecommunications provider of voice, video and data, will disburse $2.8 million later this year in patronage payments.
The payout will begin in August and amounts to half the capital credits for 1998 and 20 percent of 2008, Dave Schultz, Paul Bunyan Telephone chief financial officer, announced Wednesday at the cooperative's annual meeting.
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