January 27, 2017
On Wednesday, January 25, 2017, the Northern Electric Cooperative Board of Directors signed a non-binding letter of intent to sell Northern Wireless Communications, its wholly-owned broadband wireless subsidiary, to James Valley Telecommunications.
If the sale is approved by the directors of both cooperatives, James Valley Telecommunications intends to purchase Northern Wireless Communications and begin serving its customers under the James Valley Telecommunications and Northern Valley Communications names with their suite of high-speed internet, cable, home phone, cell phone, and web-hosting services. Northern Wireless currently has nearly 1,600 high-speed internet customers in ten different counties in northeast South Dakota.
“We are excited to explore this opportunity with Northern Wireless and to secure the benefits that it can bring to both cooperatives,” James Valley Telecommunications and Northern Valley Communications CEO James Groft said.
Should the sale be finalized, James Valley will transition Northern Wireless customers from their current wireless broadband internet service to a new wired or fixed wireless internet connection.