Iowa Telecommunications Acquires Bishop Communications
July 21, 2008
Iowa Telecommunications Services has completed its acquisition of Bishop Communications, for the purchase price of approximately $43.9 million.
Bishop Communications will operate as a separate subsidiary of Iowa Telecom.
Alan Wells, chairman and CEO of Iowa Telecom, said: “Lakedale Telephone Company and other Bishop Communications customers will continue to experience high quality telephone, internet and television services from the same friendly, knowledgeable staff. We look forward to working with them as we continue to expand communications services throughout the Midwest.”
