The Carlyle Group has sold Crest Communications Corp. to Alaska Communications Systems Group Inc. (Nasdaq: ALSK) for approximately $70 million. Crest is a Hillsboro, Ore.-based owner and operator of fiberoptic cables connecting Alaska to the mainland U.S. and Alaskan cities to each other. It wa was bought out of bankruptcy by Carlyle for approximately $30 million in 2002.
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