Prospectus Summary
The following summary is qualified in its entirety by the more detailed information and financial statements, the notes thereto and the other financial data contained elsewhere in this Prospectus. Except as otherwise indicated herein, all share and per share amounts set forth in this Prospectus (i) give effect to a 1.605-for-one stock split of the Common Stock to be effective immediately prior to consummation of the offering of Common Stock hereby (the "Offering") and to the consummation of the Merger (as defined herein) and (ii) assume an initial public offering price of $ per share of Common Stock and no exercise of the Underwriters' over-allotment option. References herein to the "Company" or "ITC/\DeltaCom" refer to ITC/\DeltaCom, Inc. and its subsidiaries and references herein to EBITDA refer to earnings before extraordinary item, preacquisition (earnings) losses, equity in losses of unconsolidated subsidiaries, net interest, income taxes, depreciation and amortization. Certain other terms used in this Prospectus are defined in the "Glossary" appearing elsewhere herein.