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New Edge Networks confirmed it planned to buy broadband and data ...

New Edge Networks confirmed it planned to buy broadband and data communications businesses that it said would add to its cash flow growth. The company, which has $38 million in debt, said it tried to “capitalize on the growth…

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opportunities in broadband and data communications” and had acquired the commercial division of AtHome Corp. in a bankruptcy sale as well as several hundred business data customers from Cable & Wireless.