Ritter Communications to Acquire Millington Telephone and Millington Cable Companies
Ritter Communications, a provider of advanced telecommunications services and broadband technologies to business and residential customers in northeast and north central Arkansas, has entered into definitive agreements to acquire Millington Telephone Company, Inc. and Millington CATV Inc., Ritter Chairman and CEO Dan Hatzenbuehler announced today.
The acquisitions are subject to regulatory approvals and other customary conditions to closing. Specific details of the agreements were not disclosed. The closing date for the purchases is expected to be by year end, Hatzenbuehler said.
“We have the greatest respect for Babe Howard, the Howard family and their accomplishments in this industry and their long history,” Hatzenbuehler said. “Our roots and theirs have common origins with regard to rural telecommunications, and we look forward to honoring their service to these communities and building on their accomplishments.”
“We couldn’t be happier with the choice of Ritter Communications to continue our family’s legacy,” states the family of Babe Howard. “Our father believed in the strength of people, and Ritter shares the same philosophy, which is evident in their own success. We believe it’s a very good fit and will provide great benefits to our customers and the communities we serve.”
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Please direct all inquiries to:
2400 Ritter Drive
Jonesboro, AR 72401
870-336-2323 direct line