Mid-Rivers Telephone Cooperative, Inc., recently released a payment of capital credits to the Cooperative’s members and patrons, with a capital credit retirement totaling $1,134,545.95. The 2024 retirement includes a portion of the 1996 patronage allocation and portion of the 2023 patronage allocation.

Mid-Rivers accepted a new Universal Service Funding (USF) offer and a new associated build-out obligation in late 2023, providing revenue certainty for the next 15 years and allowing us to cut the timeline nearly in half for the remaining rural fiber build-out.

Mid-Rivers constructed new fiber facilities to over 800 rural locations in the Lambert, Musselshell, North Ryegate, South Roundup, and South Wolf Point areas in 2023. All were locations that previously had poor or no broadband options. Our 2024 construction is well underway in rural Grass Range and Ekalaka, and will kick off in the rural Roy and Lindsay areas later this summer. This year’s construction goal is 800 miles of new fiber at an estimated cost of over $30 Million.

Baker Hosts Mid-Rivers Telephone Cooperative Annual Meeting & Customer Appreciation Event
Mid-Rivers Telephone Cooperative, Inc. members gathered at the Fallon County Fairgrounds in Baker, Montana, on Wednesday, May 29, 2024, for the Mid-Rivers Annual Meeting. Items of business included electing three Cooperative Trustees, informing members of the cooperative’s financial performance and future plans, and awarding scholarships to area students.