BLAIE, NEBRASKA – Great Plains Communications (GPC), a growing Midwestern telecommunications provider with an expanding, privately-owned 11,500+ mile fiber network touching 11 states, has announced that it has entered into a definitive agreement to acquire Enhanced Telecommunications Corporation (ETC), an innovative Southeastern Indiana-based provider.
“ETC is a well-run company with an impressive history and customer base, a talented and experienced workforce and tremendous growth potential,” said Todd Foje, CEO of Great Plains Communications. “Both companies align well with a very similar culture and history and share a common mission of delivering an exceptional customer experience. For all of these reasons, we are excited to work together as we merge into one united team. With the backing and support from our partners at Grain Management, we will be positioned well for future strategic expansion and success.”
ETC has been serving communities in Southeastern Indiana with residential and business services for over 85 years. The family-owned company has a long history of serving rural areas of the state, operating with five storefronts and over 90 employees living and working in the communities they serve. They pride themselves on being an aggressively innovative provider, delivering a suite of products and services that include high-speed internet, voice and video to more than 14,000 customers.
Chad Miles, CEO of ETC, had this to say: “On behalf of ETC, we are thrilled to join the Great Plains Communications team. We share the same commitment to customer service, our communities and our employees. I believe our combined effort along with the guidance of Grain Management will allow us to deliver a higher level of quality and innovation, further enhancing the customer experience.”
The transaction is expected to close in the third quarter of 2020, following customary regulatory approvals. Financial terms of the acquisition have not been disclosed.