IN RE VERMONT TELEPHONE CO., INC.

No. 98-332.

739 A.2d 671 (1999)

In re INVESTIGATION INTO the EXISTING RATES OF VERMONT TELEPHONE COMPANY, INC.

Supreme Court of Vermont.

August 27, 1999.


Attorney(s) appearing for the Case

Michael Marks of Tarrant, Marks & Gillies, Montpelier, for Appellant.

Leslie A. Cadwell, Montpelier, for Appellee.

Present: AMESTOY, C.J., and DOOLEY, MORSE, JOHNSON and SKOGLUND, JJ.


AMESTOY, C.J.

Appellant Vermont Telephone Company (VTel) appeals from a Public Service Board order requiring VTel to eliminate over a ten-year amortization period the value of what the Board characterized as a goodwill cost in the purchase price to be borne by the shareholders and not the ratepayers. We affirm.

This matter arises out of the sale of Contel of Vermont, Inc.'s (Contel) assets to three separate operating companies, one of which was VTel, and the...

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