Company Press Release
Monday May 15, 6:51 pm Eastern Time
SOURCE: GST Telecommunications, Inc.
GST USA Completes Assumption of 13 1/4% Senior Secured Notes
VANCOUVER, Wash., May 15 /PRNewswire/ -- GST Telecommunications, Inc. (Nasdaq: GSTX - news), today announced that its wholly-owned subsidiary,
GST USA, has completed its planned assumption of the 13 1/4% Senior Secured Notes due 2007 issued by GST Equipment Funding. This assumption was
required by the indenture governing the 13 1/4% Notes.
GST Telecommunications, Inc., an Integrated Communications Provider (ICP) headquartered in Vancouver, Wash., provides a broad range of integrated
telecommunications products and services including enhanced data and Internet services and comprehensive voice services throughout the United States, with a
significant presence in California and the West. Facilities-based GST continues to focus on its western regional strategy by anchoring its next generation networks
in local markets and connecting them via long haul fiber networks. Visit GST's Web site at www.gstcorp.com.
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