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Iowa Telecom Completes Acquisition of WH Comm

NEWTON, Iowa - 
      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
Posted : Mon, 02 Nov 2009 21:20:54 GMT
Author : Iowa Telecom
Category : Press Release
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NEWTON, 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 near the western suburbs of Minneapolis, Minnesota. As of September 30, 2009, WH Comm had approximately 2,000 access lines and 700 DSL subscribers.

This is the fourth acquisition Iowa Telecom has completed adjacent to the Minneapolis/St. Paul Metropolitan Area over the past 15 months, following Bishop Communications, Sherburne Tele Systems and the purchase of New Ulm Telecom’s minority interests in SHAL and En-Tel.

Iowa Telecom is the largest independent telephone company in Iowa and one of the twenty largest telephone companies in the nation.

About Iowa Telecom

Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a telecommunications service provider that offers local telephone, long distance, Internet, broadband and network access services to business and residential customers. Today, the Company and its subsidiaries serve over 450 Iowa communities, 10 Minnesota communities and employs approximately 800 people. The Company’s headquarters are in Newton, Iowa. The Company trades on the New York Stock Exchange under the symbol IWA. For further information regarding Iowa Telecom, please go to www.iowatelecom.com and select “Investor Relations.” The Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services, Inc. in the United States.

Investor Relations Contact:
Corporate Communications, Inc.
Kevin Inda, 407-566-1180
Kevin.Inda@cci-ir.com
or
Media Contact:
Iowa Telecommunications Services, Inc.
Julie White, Director, Corporate Communications, 641-787-2040
Julie.White@iowatelecom.com


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