Iowa Telecom (IWA) To Buy Minnesota Telecommunications Company For $1.1M
Iowa Telecommunications Services, Inc. (NYSE: IWA) announced that it has reached an agreement to acquire substantially all the assets of WH Comm for $1.1 million, subject to regulatory approval. WH Comm is 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 near the western suburbs of Minneapolis, Minnesota. As of June 1, 2009, WH Comm had approximately 2,000 access lines and 700 DSL subscribers.
Create E-mail AlertRelated Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
