Arvig Enterprises finalizes purchase agreement for Redwood County companies
Arvig Enterprises, (dba Arvig Communication Systems or ACS) announced Thursday that they have reached an agreement to acquire Redwood County Telephone Company and Clements Telephone Company.
The companies are headquartered in Wabasso, Minn., which is located approximately 120 miles southwest of Minneapolis in Redwood County.
David Arvig, Vice President/Chief Operating Officer of Arvig Enterprises stated that, "the acquisition of Redwood County Telephone Company and Clements Telephone Company is an important step in the strategic growth of our company as a provider of telephone, digital television and Internet in Minnesota."
The purchase will become effective upon receipt of required regulatory approvals. The companies will operate as wholly owned subsidiaries of Arvig Enterprises and customers will continue to receive their telecommunication services from Redwood County Telephone Company and Clements Telephone Company.
Arvig Communication Systems (ACS) is a full-service telecommunications provider. In addition to high-speed Internet access, digital television, and local telephone service, ACS also provides business telephone systems, security solutions, wireless phones and service, and more. For more information, visit online at www.arvig.com.