Company Research Report: Midcontinent Communications (Midco)
Company Overview
- Name: Midcontinent Communications (Midco)
- Mission: Midco focuses on creating strong connections through reliable, fiber-based services, supporting communities, and providing careers for team members.
- Founded: 1931
- Founder: No information is available
- Key People:
- Tom McAdaragh, Former President
- Paige Pearson Meyer, Vice President of Corporate Communications
- Vivian Sanders, Retail Manager
- Carson Green, Marketing Analyst – Automation
- Noelle Tieszen, Senior Customer Experience Operations Manager
- Marisa Trueblood, Administrative Support Manager
- Tenille Manning Heier, Internal Communications Manager
- Headquarters: Sioux Falls, South Dakota
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Midco is renowned for its reliable, fiber-based internet services, community involvement, and investment in broadband development across the Midwest.
Products
Internet Services
- Description: Midco offers reliable, fiber-based internet services including wireless home internet and fiber internet.
- Key Features:
- No data caps
- Unlimited data usage
- 24/7 online & tech support
- High-speed internet connectivity
MidcoTV
- Description: MidcoTV provides real-time and on-demand TV services with a variety of channels and streaming apps.
- Key Features:
- Integrated search
- Voice control
- Access to streaming apps
- DVR capability
Home Phone
- Description: Comprehensive home phone services that include local and long-distance calling options.
- Key Features:
- Voicemail & eVOICE
- International calling
- Privacy features to prevent unwanted callers
Recent Developments
New Products and Features
- Fiber Development:
- Midco is heavily investing in expanding and upgrading their fiber network through the "Fiber Forward" initiative to provide 10 Gig speeds.
- Completions include extensive fiber build along Minnesota’s Highway 10 and around Lake Minnetonka.
Organizational Changes
- Tom McAdaragh has announced his intention to step down as President, marking a significant leadership transition.
Partnerships and Achievements
- Award Recognition:
- Recognized by Forbes as America’s Best Midsize Employer for the third consecutive year.
- Midco has been ranked No. 1 by Ookla for network performance in Q1-Q2.
Community and Social Responsibility
- Midco’s community involvement includes:
- Midco Foundation grants providing more than $6 million to nonprofit organizations since 1987.
- Sponsorship of 175+ organizations and events.
- Actively participating in the Belonging at Midco Council to encourage a diverse and inclusive workforce.
Technological Investments
- Midco is making a $17 million investment to upgrade its business network, aiming to bring 100 Gig speeds to its advanced business customers.
- Achieved the MEF 3.0 Carrier Ethernet Certification for business network excellence.
This structured information offers a snapshot of Midco's operations, innovations, and market positioning in the telecommunications industry. Further detailed analysis or up-to-date data would be needed for comprehensive financial insights.