SureWest Resolves MCI Claim

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SureWest Communications said Thursday that it resolved a claim it filed in January 2003 in the bankruptcy proceeding of MCI Inc.

The company’s claim was related to pre-petition accounts receivable and to a conditional payment made by SureWest to MCI in 2001 in connection with anticipated interstate overearnings during the 1999-2000 monitoring period.

SureWest said it will receive a distribution of cash and stock with a combined estimated value of approximately $1.4 million.

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