Midco Sells Tower Portfolio to K2 Towers

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Midco Sells Tower Portfolio to K2 Towers

August 29, 2023 – Sioux Falls, SD: Midco, a leading communications company, is pleased to announce the successful sale of its tower portfolio to K2 Towers. This strategic transaction marks an important milestone for both parties. It further solidifies Midco's commitment to delivering exceptional broadband services to its customers while strengthening K2 Towers’ portfolio and enhancing its geographic footprint in Minnesota, North Dakota, South Dakota and Wisconsin. Southern Tower Consulting, LLC represented Midco.

"This transaction allows Midco to concentrate on our core broadband business, ensuring that our customers continue to receive Midco’s award-winning service,” said Steve Bruch, Sr. Director of Corporate Development at Midco. “I would like to thank K2 Towers and Southern Tower Consulting. Both were great partners throughout this process."

Terms of the transaction are confidential.

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