Iowa Telecom

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Windstream Closes on Iowa Telecom

Windstream announced their acquisition of Iowa Telecom is now complete. The final transaction was valued at $1.2 billion, with Iowa Telecom shareholders receiving 0.804 shares of Windstream stock and $7.90 in cash for each Iowa Telecom share. Iowa ...
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Iowa Telecom Shareholders Approve Windstream Deal

Windstream is well on their way to closing their acquisition of Iowa Telecom. Shareholders of the Newton, Iowa based telecom carrier approved the Windstream acquisition, with 97.8% approving the transaction. Windstream announced ...
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Windstream to Acquire Iowa Telecom

It’s now quite clear that Windstream is on an acquisition tear. Today they announced their intention to acquire Iowa Telecom in a deal worth $1.1 billion. This latest acquisition joins a string of recent Windstream acquisitions incluing NuVox, ...
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Iowa Telecom Completes Acquisition of WH Comm

EWTON, Iowa--(BUSINESS WIRE)--Iowa Telecommunications Services, Inc. (NYSE: IWA) announced today that the telecommunications company has completed its acquisition of substantially all the assets of WH Comm for $1.1 million. WH Comm was a division of Wright-Hennepin Cooperative Electric Association based in Rockford, MN. WH Comm, a Competitive Local Exchange Carrier (CLEC), provides telephone and high speed DSL Internet in several communities ...
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Iowa Telecom Reports 2Q09 Results

Regional telecom carrier Iowa Telecom on July 29 reported 2Q 2009 total revenue of $58.819 million and net income of $2.921 million--0.08 per diluted share as management continues to grow the company by expanding into neighboring Minnesota. The 2Q total results translate into a 1% rise in revenue as compared ...
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Iowa Telecom to Purchases Minnesota Telecommunications Company

NEWTON, Iowa, Nov 21, 2008 (BUSINESS WIRE) -- Iowa Telecommunications Services, Inc. announced today that it has reached an agreement to acquire substantially all of the assets of Sherburne Tele Systems, Inc. for $80.6 million, subject to certain balance sheet and tax adjustments. Sherburne Tele Systems is a closely held telecommunications company serving nine communities adjacent to the Minneapolis/St. Paul ...
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