Nuvera Communications, Inc.Company Review & Valuation
About Nuvera Communications, Inc.
Nuvera Communications, Inc., a diversified communications company, engages in local telephone exchange and telecommunications businesses. It offers local services to make and receive telephone calls within a defined local calling area; and access services to other telecommunications carriers for the… Show more use of its facilities to terminate or originate long distance calls on its network. The company also provides video services; high speed Internet to business and residential customers; Web hosting and design, online file back up, and online file storage services; directory assistance, operator service, and long distance private lines; and directory publishing, bill processing, and other customer services, as well as sales and services customer premise equipment. In addition, it is involved in the retail sale and service of cellular phones and accessories under the TechTrends Wireless brand name through Telespire, a wireless provider. As of December 31, 2017, the company served 21,954 access lines in the Minnesota communities of Bellechester, Courtland, Evan, Goodhue, Hanska, Hutchinson, Klossner, Litchfield, Mazeppa, New Ulm, Redwood Falls, Sanborn, Searles, Sleepy Eye, Springfield, and White Rock, as well as in the rural areas of Blue Earth, Brown, Goodhue, McLeod, Meeker, Nicollet, Redwood, and Wabasha counties in south central Minnesota; and the community of Aurelia, Iowa, as well as rural areas surrounding Aurelia. It also operates multiple Internet protocol television (IPTV) and cable television services systems in Minnesota; and 1 IPTV system in Aurelia, Iowa serving approximately 10,346 customers. The company was formerly known as New Ulm Telecom, Inc. and changed its name to Nuvera Communications, Inc. in June 2018. Nuvera Communications, Inc. was founded in 1905 and is headquartered in New Ulm, Minnesota.Show less