Local phone provider HickoryTech Corp. today completed the acquisition of Enventis Telecom, a wholly owned subsidiary of ALLETE Inc., for $35.5 million.
Hickory said Enventis’ assets will bolster its fiber network and IP telephony business. ALLETE bought Minneapolis-based Enventis in 2001, and combined it with its MP Telecom subsidiary to form Enventis Telecom. Enventis Telecom is a regional telecommunications provider and network infrastructure integrator specializing in IP communications.
HickoryTech said it will continue to operate Enventis as a separate entity while it works to integrate the two companies.
ALLETE Inc. www.allete.com
Enventis Telecom www.enventis.com
HickoryTech Corp. www.hickorytech.com
