Hilliary Communications Purchases Tatum Telephone Company and Electra Telephone Company from Townes Telecommunications in a Transaction Negotiated by W.G. Nielsen & Co.

February 25, 2019

Posted February 25, 2019 - Denver, CO

W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, announced today that it acted as financial advisor to Hilliary Communications in its acquisition of Tatum Telephone Company and Electra Telephone Company from Townes Telecommunications. Both Tatum and Electra are located in Texas.

About Hilliary Communications

Hilliary Communications is a telecommunications provider serving customers throughout various parts of Oklahoma. Services include being a local exchange carrier, cable television provider, broadband provider, and leasing fiber facilities. The acquisition of Electra Telephone Company and Tatum Telephone Company represents Hilliary’s first purchase of independent telephone companies in Texas.

About Tatum Telephone Company

Tatum Telephone Company was founded in 1910. Tatum provides service to over 700 voice customers and 375 broadband customers across two countries in rural East Texas.

About Electra Telephone Company

Founded in 1914, Electra Telephone Company has a long history of providing phone services to residents and businesses of the Electra, Texas. Currently they provide service to 475 voice customers and 175 broadband customers in Wichita County in rural North Texas.

About W.G. Nielsen & Co.

W.G. Nielsen & Co. is one of the Rocky Mountain region’s premier FINRA-registered investment banking firms, specializing in mergers and acquisitions and innovative capital solutions. Founded in 1996, Denver-based W.G. Nielsen & Co. is the oldest independently owned investment banking firm in the region. The firm differentiates itself with a staff of senior investment bankers who have broad experience and important relationships in their areas of expertise. The firm’s bankers have collectively closed hundreds of transactions throughout the United States and internationally.

For more information about this transaction, please contact Michael Mazer at 303.320.3777, or visit www.wgnielsen.com.

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