Iowa Telecom To Purchase Minnesota Telecommunications Company

Business Wire, June 23, 2009

NEWTON, Iowa -- Iowa Telecommunications Services, Inc. (NYSE: IWA) announced that it has reached an agreement to acquire substantially all the assets of WH Comm for $1.1 million, subject to regulatory approval. WH Comm is a division of Wright-Hennepin Cooperative Electric Association based in Rockford, MN.

WH Comm, a Competitive Local Exchange Carrier (CLEC), provides telephone and high speed DSL Internet in several communities near the western suburbs of Minneapolis, Minnesota. As of June 1, 2009, WH Comm had approximately 2,000 access lines and 700 DSL subscribers.

This is the third acquisition Iowa Telecom has announced adjacent to the Minneapolis/St. Paul Metropolitan Area over the past 18-months, following Bishop Communications and Sherburne Tele Systems. The sale is expected to close this fall.

About Iowa Telecom

Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a telecommunications service provider that offers local telephone, long distance, Internet, broadband and network access services to business and residential customers. Today, the Company and its subsidiaries serve over 450 Iowa communities, 6 Minnesota communities and employ nearly 800 people. The Company’s headquarters are in Newton, Iowa. The Company trades on the New York Stock Exchange under the symbol IWA. For further information regarding Iowa Telecom, please go to www.iowatelecom.com and select “Investor Relations.” The Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services, Inc. in the United States.