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October 31, 2023

Premier Communications to Purchase Royal Telephone Company

PREMIER COMMUNICATIONS TO PURCHASE ROYAL TELEPHONE COMPANY

Sioux Center, IA. – October 31, 2023 – Premier Communications of Sioux Center, Iowa has entered into a definitive purchase agreement with Royal Telephone Company to purchase its telephone, cable television and Internet business.

“Premier is uniquely positioned to continue Royal’s legacy of providing exceptional service to customers in and around Royal, Iowa,” comments John Noah, General Manager of Royal Telephone Company. “We expect this transaction will have immediate and long-term benefits to Royal’s customers, who can count on continued high levels of service and investment in the community from Premier.”

“Over the years, Premier and Royal have shared many strategic partnerships,” adds Ryan Boone, CEO of Premier Communications. “We believe the addition of Royal is a natural fit to our existing service area and we pledge to serve these new customers with the same cutting-edge technology and great customer service that Premier is known for.”

The closing is subject to routine regulatory approvals, which are expected to be completed by the end of the year.

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Royal Telephone Company has provided cutting-edge services to the town and surrounding rural area of Royal, IA. Through major investments in fiber optics, Royal Telephone was able to update its services to businesses and residents in its exchange. Headquartered in Royal, IA, Royal Telephone Company has been providing services for more than a century.

Premier Communications is the leading provider of voice, video and data services in Northwest Iowa. With headquarters in Sioux Center, IA and offices in Rock Rapids, IA, Hospers, IA and Le Mars, IA, Premier Communications provides 29 communities with local and long-distance voice services, high- speed Internet and cable television programming. As a certified Smart Rural Community and Gig Capable provider from the NTCA, The Rural Broadband Association, Premier Communications provides up to Gigabit and symmetrical Internet speeds. Included in Premier’s focus is an emphasis on excellent customer service and “looking ahead” forward-thinking technology and development.