HANSON COMMUNICATIONS, INC. BUYS CONSOLIDATED COMMUNICATIONS

IMMEDIATE RELEASE

HANSON COMMUNICATIONS, INC. BUYS CONSOLIDATED COMMUNICATIONS – OHIO PROPERTIES

Sept 28, 2021 – Wapakoneta

Hanson Communications has entered into an agreement to purchase the Ohio assets of Consolidated Communications. Consolidated’s Ohio operations include Germantown Telephone Company, Columbus Grove Telephone Company and Orwell Telephone Company which grossed approximately $9 million of revenue in 2020 and include around 4,000 access lines and 3,900 Internet connections.
Hanson Communications is a family-owned telecommunications company founded in 1951. With the sale of Consolidated – Ohio finalized, Hanson will own eleven ILECs in Minnesota, South Dakota and Ohio. Hanson has over 10,000 access lines, 15,000 Internet connections and 5,500 TV connections across the United States.

“This transaction combines two companies with extensive telecommunication networks and both rich in fiber assets.
Hanson Communications, with its Ohio branded Telephone Service Company (TSC), will be able to continue its
expansion as a leading broadband and business solutions provider,” said Lonnie Pedersen, COO of Hanson
Communications. This acquisition positions Hanson to leverage its extensive product and service portfolio and
consultative sales approach across all of Northwest Ohio. “We are well positioned to ensure a smooth transition for
customers as we leverage a solid track record of successful integrations.”

Currently, Hanson Communications, Inc. is the 52nd largest telephone company in the United States. With the completion of this acquisition, Hanson will move up the list to the top 40 largest telephone companies in the U.S. “Our family is very excited to enter into this agreement and expand our Ohio service area,” said Bruce Hanson, treasurer and owner of Hanson Communications. “We look forward to serving these customers and expect a seamless transition upon closing.”

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