Cable Operators

Utility Scana Sells Shares in Knology

1/07/2005 3:42 AM Eastern

Scana Communications Holdings Inc. -- a wholly owned indirect subsidiary of Columbia, S.C.-based telecommunications and electric utility company Scana Corp. -- sold its stakes in cable-television overbuilder Knology Inc. for about $59 million.

Scana said proceeds will pay down debt.

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