Zayo Group Holdings Inc., a Boulder-based communications infrastructure firm, has sold Scott-Rice Telephone Co., a Minnesota local exchange carrier, to Nuvera Communications for $42 million, according to a news release. Zayo acquired Scott-Rice Telephone as part of its March 2017 purchase of Electric Lightwave. Since the acquisition, it has been managed separately but within Zayo’s Allstream business segment, the release said. Scott-Rice Telephone serves residential and business customers in areas of Scott and Rice counties southwest of Minneapolis. “The completion of this sale is an important step toward the separation of the Allstream assets,” Zayo chief financial officer Matt Steinfort said in a statement. “It better positions us to focus and execute on our core communications infrastructure business.” Read the full story at dailycamera.com.