ReadiTech

What ReadiTech does

ReadiTech operates as a broadband and telecommunications cooperative doing business as DRN (Dickey Rural Networks), headquartered in Ellendale, North Dakota. Founded in 1950 as a member-owned rural telecommunications cooperative, the company delivers broadband internet, telephone, and television services to residential customers and small-to-medium businesses across rural North Dakota communities, including service operations in Marion, ND. The cooperative emphasizes local customer service, community involvement, and long-tenured relationships in geographies that national telecom providers have historically underserved.

The company's product portfolio is structured around a core suite of connectivity services: Internet (broadband access for residential and business customers), Telephone (local and long-distance voice), and Television (programming packages), which can be purchased individually or combined through discounted Packages. An Additional Services category extends the offering with supplementary technology services aimed at advanced business technology solutions, an area reinforced by the company's 2017 acquisition of CompQuest Technology. The underlying technology is a wireline/fiber-based broadband network owned and operated by the cooperative, with self-serve customer acquisition enabled through an online signup portal.

Commercially, DRN generates recurring subscription revenue across its internet, telephone, and TV service lines, plus bundled package pricing. The go-to-market motion is direct-to-consumer, combining a community-led member model (with capital-credit returns to member-owners) and a digital signup website with local field presence for installation and support. Marketing is primarily community-focused via Facebook, LinkedIn, and Twitter, supplemented by local charity and scholarship programs. As a member-owned cooperative with no disclosed external investors, funding rounds, M&A activity, or revenue figures, the company presents as a stable, locally embedded operator rather than a high-growth technology venture.

Name

ReadiTech

Legal name

DRN

Website

https://drnreaditech.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

1–10 employees

Short description

ReadiTech, doing business as DRN (Dickey Rural Networks), is a member-owned broadband cooperative founded in 1950 that delivers internet, telephone, and television services to residential and small-business customers across rural North Dakota communities, supported by local field service and an online signup portal.

Ownership category

akta.pro rank

Product category

Rural Broadband Telecommunications

NAICS

Wired Telecommunications Carriers (517111)

akta.pro industry

PRIMARYHDAIABAJ

Rural & Universal Service Fixed Broadband Providers

Hardware, Technology & Telecom/Telecommunications & Network Services/Fixed-Line Telecommunications (Voice & Broadband)

Keywords

• Rural broadband services
• Telecommunications cooperative
• Internet access
• Telephone services
• Television programming

Headquarters

HQ city

Ellendale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Internet Services: Monthly subscription services for residential and business Internet access, likely tiered by speed and usage levels.
2. Telephone Services: Recurring subscription for telephone service, including basic phone service capabilities.
3. Television Services: Recurring subscription for TV/television programming packages.
4. Service Packages: Bundled service packages combining Internet, Phone, and Television for value pricing.
5. Additional Services: Additional technology services beyond core connectivity offerings.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ReadiTech (operating as DRN - Dickey Rural Networks) is a member-owned broadband cooperative that delivers Internet, telephone, and television services to residential and business customers in rural North Dakota communities. The cooperative bundles these connectivity services into packages and supplements them with additional technology services for advanced business needs.

Product overview

ReadiTech operates as a broadband cooperative providing a unified suite of telecommunications services. The core offerings include Internet (broadband connectivity), Telephone (voice services), and Television (programming), which can be purchased individually or combined through Packages (bundled discounts). Additional Services round out the portfolio with supplementary technology offerings. The cooperative model means services are designed to serve rural North Dakota communities with local support.

Differentiator

Problem solved

Functional benefit

Products and services

• Internet Broadband internet service providing connectivity for residential and business customers in rural North Dakota communities, with tiered speed and usage options.
• Telephone Local and long-distance telephone service for residential and business customers across the cooperative's rural service territory.
• Television Television programming and entertainment service delivered to subscribers in the cooperative's service area.
• Additional Services Supplementary technology offerings beyond core connectivity, supporting advanced business technology needs for customers in rural North Dakota.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• TDS Telecom: Rural-focused fixed-line telecom providing broadband, video, and voice to small communities across the U.S. — comparable product portfolio and rural-customer targeting to DRN.
• Midcontinent Communications (Midco): Regional cable and broadband provider serving North Dakota, Minnesota, and South Dakota with internet, video, and voice — comparable in geography and bundled-service model, though investor-owned rather than cooperative.
• BEK Communications Cooperative: North Dakota-based broadband cooperative serving rural communities with internet, phone, and TV — directly comparable to DRN in cooperative structure, rural fixed-line broadband focus, and North Dakota footprint.

Emerging players

• Viasat: Satellite internet provider with established rural broadband customer base — competes with DRN's fixed-line offering in geographies where terrestrial broadband is limited, posing a credible substitute threat.
• Starlink (SpaceX): Satellite broadband service targeting underserved rural areas globally — directly competes with DRN for the same rural North Dakota customer segment where terrestrial infrastructure was previously the only option.
• Hughes Network Systems: Satellite broadband operator serving rural U.S. households and small businesses — competes with DRN as an alternative rural connectivity provider with national reach.

Broad incumbents

• Frontier Communications: National incumbent ILEC with significant rural and suburban broadband exposure, currently undergoing a major fiber build-out — competes in many of DRN's underserved rural geographies and is a relevant incumbent comparable.
• Consolidated Communications: Large incumbent telecom serving rural and mid-sized markets across 20+ states with broadband, voice, and managed services — broader scale than DRN but overlapping rural fixed-line broadband positioning.
• Lumen Technologies: Large national telecom carrier with substantial rural and mid-market wireline footprint — overlaps with DRN's voice and broadband service categories, though at much larger scale and broader scope.

Regional players

• Arvig: Minnesota-based family-owned rural telecom providing internet, TV, and phone to small communities — comparable fixed-line rural broadband model in an adjacent Upper Midwest geography.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/drnreaditech
• Facebookfacebook.com/dickeyruralnetworks
• LinkedInlinkedin.com/company/readitech

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ReadiTech