Bridgewater Telephone Co. has appealed to the Minnesota appellate court a  judge’s decision last month to dismiss the company’s lawsuit against Monticello challenging its $26.4 million bond issue to fund the installation of a fiber-optic broadband communications network.

The company, a subsidiary of TDS Telecom, filed the lawsuit in late May, seeking to have the bonds that were issued earlier in the month declared void. The bond proceeds have sat in an escrow since the lawsuit’s filing and will remain there during the appeal process.

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