Iowa Telecom

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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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