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Hilliary Communications Acquires TDS Telecom's Oklahoma Operations to Enhance Rural Connectivity

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Cashu
1 day ago
Cashu TLDR
  • Hilliary Communications acquires TDS Telecom's Oklahoma operations to expand service coverage by nearly 35,000 locations.
  • The acquisition aims to modernize infrastructure and enhance high-speed fiber internet access in underserved Oklahoma communities.
  • Transitioning TDS Field Service associates preserves jobs and ensures service quality for TDS customers during the changeover.

Hilliary Communications Expands Reach with Acquisition of TDS Telecom’s Oklahoma Operations

In a strategic move to bolster telecommunications access in rural areas, Hilliary Communications announces its acquisition of TDS Telecom's Oklahoma network operations. This significant development, set to finalize in the latter half of 2025 pending regulatory approval, allows Hilliary Communications to expand its service coverage by nearly 35,000 locations. The acquisition aims to enhance connectivity and access to high-speed fiber internet for underserved communities in Oklahoma, including growing regions like Elgin, Jones, and Adair. Co-CEO Dustin Hilliary underscores the company's commitment to creating a more connected future, particularly in rural landscapes where reliable communication services are often lacking.

The acquisition not only extends Hilliary's service footprint but also represents a concerted effort to modernize existing telecommunications infrastructure. The company plans to initiate immediate upgrades in the acquired areas, focusing on deploying fiber-to-the-home networks. This strategy is pivotal for delivering next-generation broadband services, which are increasingly essential for both personal and professional communications. Hilliary's approach aims to build a robust framework that supports educational and economic opportunities within these communities, thereby contributing to their overall growth.

Moreover, the transition of TDS Field Service associates to Hilliary Communications is a critical component of this acquisition. This move not only preserves local jobs but also ensures continuity in service quality for TDS customers. TDS Telecom President and CEO Ken Dixon expresses confidence in Hilliary's ability to provide a positive experience for customers and associates alike. The acquisition is seen as a vital step in furthering Hilliary Communications' mission to enhance connectivity and invest in the development of rural areas in Oklahoma, showcasing the company's proactive role in addressing the digital divide.

In addition to improving broadband access, this acquisition aligns with broader initiatives aimed at expanding rural broadband infrastructure, which Oklahoma Department of Commerce Executive Director John Budd identifies as critical for the state's economic growth. The enhancement of telecommunications services not only supports local businesses but also improves educational resources, thereby fostering a more interconnected and prosperous community. Hilliary Communications’ proactive approach to expanding its network underscores its dedication to delivering advanced telecommunications technology to every corner of Oklahoma.

As Hilliary Communications prepares for the transition, the company remains focused on its mission to provide modern communication services that meet the demands of a rapidly evolving digital landscape. The acquisition of TDS Telecom's Oklahoma operations marks a significant milestone in the company’s growth strategy and its commitment to rural connectivity.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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