Schurz Communications said it has completed its purchase of Hiawatha Broadband Communications, a video and high-speed internet service provider in Winona, Minn. Terms were not disclosed.
Schurz first announced the deal in October.
HBC will keep its name and local management and will continue to be based in Winona, Schurz said in a statement. The company operates an advanced fiber network offering speeds of up to 1 Gigabit per second, telephone service and video packages with more than 300 channels. Its data transport network in southern Minnesota connects more than 20 cities and it also has wholesale, construction, business consulting and engineering businesses and is the operator of the RS Fiber Cooperative gigabit fiber-to-the- farm project in Minnesota.
“Hiawatha is thrilled to join the Schurz family. We share the same vision, values and commitment to the community which was essential to us as we considered potential partners. The Schurz investment allows us to continue to deploy the latest technology for our customers and grow the HBC business,” Hiawatha Broadband CEO Dan Pecarina said in a statement.
Schurz Communications is based in Mishawaka, Ind., and has cable, broadband, newspaper publishing, cloud managed services, and digital media operations in Arizona, Indiana, Iowa, Maryland, Michigan, Minnesota, Nebraska, Pennsylvania and South Dakota.
