Liberty Communications expands in Iowa by acquiring Natel Broadband | Next TV
Liberty Communications, a phone, TV and broadband provider in eastern Iowa, said it had agreed to acquire the assets of Fairfield, Iowa-based Natel Broadband to expand its operations.
The purchase price has not been disclosed.
“We view Natel as an exceptional local provider with a growth-oriented management team and a corporate culture that closely aligns with that of Liberty,” said Justin Stinson, CEO of Liberty Communications. “We believe that the combination of our two companies will allow us to aggressively reach new customers, expand our product portfolio and grow as a unified organization focused on providing the best telecommunications services for residents and businesses. businesses in the communities we serve.”
Natel Broadband was launched in 1996 and operates a high-end network consisting of both fiber-to-the-home and a robust fixed wireless network covering a large rural area of Southeast Iowa. It provides Internet service to rural communities in Southeast Iowa and has now expanded to serve customers in five primary communities across 12 counties.
“We are thrilled to have Liberty Communications align with our primary goal of providing Internet solutions to rural Iowans. Their dedication to a positive company culture, excellent customer service, and helping Iowa communities thrive make them an exceptional candidate to further Natel’s mission.” said Natel Chairman Mike Schill. “For more than 26 years, Natel has strived to provide the best Internet services in Southeast Iowa. We are confident that Liberty Communications, together with Natel, will become an even better company for our customers and dedicated employees.”
Liberty Communications is a privately owned, family-owned company owned by the Melick family since 1907. In its early days as an ILEC (Incumbent Local Exchange Carrier), Liberty served the West Branch, West Liberty and surrounding communities with telephone, Internet and Digital television service. ■