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Iowa Telecom Announces Acquisition of New Ulm’s Minority Interests in SHAL and En-Tel

Iowa Telecommunications Services, Inc. (NYSE: IWA) announced that it has reached an agreement to acquire New Ulm Telecom Inc.’s ownership interests in En-Tel Communications, LLC, SHAL, LLC, and SHAL Networks, Inc. for $1.7 million, subject to specified customary adjustments. New Ulm Telecom is based in New Ulm, Minnesota.
SHAL owns and leases a 2,500-mile fiber-optic [...]

Iowa Telecom to Present at the Jefferies 6th Annual Communications Conference

Iowa Telecommunications Services, Inc. (NYSE: IWA) today announced it will participate in the Jefferies 6th Annual Communications Conference in New York City on Tuesday, September 9, 2008. Craig A. Knock, vice president, chief financial officer and treasurer, will be speaking at the conference.
An online simulcast and replay of the Company’s presentation will be available [...]

Iowa Telecom Reports Results for Second Quarter Ended June 30, 2008

Iowa Telecommunications Services, Inc. (NYSE: IWA) today announced operating results for the second quarter ended June 30, 2008. Quarterly highlights for the Company include:
Operating revenues were $58.2 million.
Operating income was $16.6 million.
Net income was $5.3 million or $0.16 per diluted share.
Adjusted EBITDA (as defined herein) was $30.3 million.
“We are very pleased with our [...]

Iowa Telecom to Present at the RBC Capital Markets Technology, Media & Communications Conference

Iowa Telecommunications Services, Inc. (NYSE: IWA) today announced it will participate in the RBC Capital Markets Technology, Media & Communications Conference in San Francisco, California on Wednesday, August 6, 2008. Craig A. Knock, vice president, chief financial officer and treasurer, will be speaking at the conference.
An online simulcast and replay of the Company’s presentation [...]

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