What MiBroadband does

MiBroadband (formerly Harmony Telephone Company, rebranded January 2024) is a cooperatively-owned rural telecommunications provider serving residential and small-business customers across Southeast Minnesota (Fillmore County) and Northeast Iowa (Howard and Chickasaw counties). The company is jointly owned by three member-owned cooperatives — Mabel Cooperative Telephone Company, Spring Grove Communications, and MiEnergy Cooperative (which acquired its stake in 2018) — and operates physical offices in Harmony, Preston, and Spring Grove, MN. Service is distributed through direct-to-consumer channels including walk-in offices, phone sales (507-886-6422), and an online self-service portal (SmartHub), backed by a $25 referral bill credit and community-event-driven marketing typical of cooperative utilities.

The product portfolio is anchored on fiber optic internet delivered as four tiered Wi-Fi packages (Classic Consumer 100/100 Mbps, Connected Household 250/250 Mbps, Dynamic Data User 500/500 Mbps, Ultimate Experience 1 Gbps at $80–$180/month), supplemented by fixed wireless (3–50 Mbps at $60–$90/month) where fiber is not yet available. Bundled offerings include GoTo>TV streaming television (Essential $69, Premier $163, plus Whole Home DVR and watchTVeverywhere portability), landline and VoIP phone services for residential ($16–$25/month) and business ($20–$30/month) customers, outdoor Wi-Fi extension ($10/month), and device/IT support. The technology stack combines owned fiber and fixed-wireless infrastructure with third-party customer-facing platforms including Calix's CommandIQ (network management), NISC's SmartHub (billing/account), and consumer CPE; a UPS battery backup provides 4–8 hours of phone service during power outages.

The business model is subscription-based monthly recurring revenue across internet, TV, and voice, augmented by equipment and installation fees and Lifeline discount programs. Capital-intensive fiber expansion is funded primarily through federal and state broadband subsidy programs — including a $9.7M USDA ReConnect grant-loan (2020) serving 538 Iowa locations, $5.15M in Minnesota DEED Border-to-Border grants (2022–2023) covering 781 locations in rural Fountain and Preston, plus a $2.5M self-funded City of Harmony fiber build (2022) and a $1.5M self-funded City of Fountain build (begun August 2024). The company employs approximately 30+ people, is headquartered at 35 1st Ave SE, Harmony, MN, and does not publicly disclose revenue.

Name

MiBroadband

Legal name

MiBroadband LLC

Website

https://mibroadband.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

MiBroadband is a cooperatively-owned rural telecommunications company providing fiber internet, fixed wireless, GoTo>TV streaming, and phone services to residential and small business customers in Southeast Minnesota and Northeast Iowa.

Ownership category

akta.pro rank

Product category

Rural Broadband Services

NAICS

Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Telephone Communications (No Radiotelephone) (4813), Communications Services, Nec (4899)

akta.pro primary industry

Rural Broadband & Cooperative Fiber Operators (HDAIACAG)

akta.pro secondary industries

Fiber-to-the-Home (FTTH) Operators (HDAIACAB), Fiber-to-the-Premises (FTTP/FTTH) Broadband Providers (HDAIABAC), Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE), Wireless ISPs (WISPs) & Fixed Wireless Access Providers (HDAIADAD)

Keywords

• Rural broadband internet
• Fiber optic services
• Fixed wireless internet
• Cable television
• Landline phone services

Headquarters

HQ city

Harmony

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Cost components

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

Revenue model

1. Internet Services (Fiber & Fixed Wireless): Monthly recurring subscription fees for broadband internet access delivered via fiber optic or fixed wireless infrastructure. Multiple tiered plans ranging from 100 Mbps to 1 Gbps for fiber, and 3-50 Mbps for fixed wireless. Revenue is subscription-based with monthly billing. Optional equipment rental fees and service order charges apply.
2. TV Services (GoTo>TV): Monthly subscription fees for cable/streaming TV service including Essential and Premier packages. Additional revenue from Whole Home DVR storage add-ons. Service requires fiber optic internet connection.
3. Phone Services (Landline & VoIP): Monthly subscription fees for residential and business landline phone services, plus VoIP residential (Standard/Premium) and business (Preferred/Elite) packages. Additional revenue from directory assistance, operator services, and long-distance plans.
4. Outdoor Wi-Fi Services: Monthly subscription add-on service for outdoor Wi-Fi coverage extending connectivity beyond the home. Includes mesh Wi-Fi, weatherproof equipment, and installation support.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

MiBroadband is a rural telecommunications provider delivering high-speed fiber optic internet, fixed wireless broadband, GoTo>TV streaming television, and landline/VoIP phone services to residential and small business customers in Southeast Minnesota and Northeast Iowa. The company owns and operates its own fiber network infrastructure, complemented by fixed wireless technology for areas where fiber is not yet available, and offers bundled internet, TV, and phone packages with local customer service and technical support.

Product overview

MiBroadband is a premier internet service provider offering a unified portfolio of connectivity and digital services across Southeast Minnesota and Northeast Iowa. The core offering centers on fiber optic internet with four tiered Wi-Fi packages (Classic Consumer at 100/100 Mbps, Connected Household at 250/250 Mbps, Dynamic Data User at 500/500 Mbps, and Ultimate Experience at 1 Gbps) and fixed wireless alternatives for rural areas. These internet services integrate with add-on management tools including SmartHub for billing/account control and the CommandIQ app for network management. Bundled services include GoTo>TV streaming TV (with Essential and Premier packages, plus Whole Home DVR and watchTVeverywhere portability), and landline/VoIP phone services for residential and business customers. Outdoor Wi-Fi extends coverage beyond the home. The company, previously known as Harmony Telephone Company, was rebranded in 2024 as a collaborative effort of three cooperatives (Mabel Cooperative Telephone Company, Spring Grove Communications, and MiEnergy Cooperative) to build robust fiber networks in rural communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Fiber Internet High-speed fiber optic internet service for residential and business customers in Southeast Minnesota and Northeast Iowa, offering tiered speed packages ranging from 100 Mbps to 1 Gbps download and upload with unlimited data.
• Fixed Wireless Internet Wireless broadband internet for rural areas where fiber is not available, using fixed antenna dishes communicating with nearby towers. Available in 10 Mbps, 30 Mbps, and 50 Mbps speed tiers.
• GoTo>TV Streaming TV Streaming television service available to fiber internet subscribers, offering HD local channels, premium networks, Essential and Premier package tiers, DVR functionality, and portable viewing via watchTVeverywhere.
• Residential Landline Phone Service Landline telephone service for residential customers providing 911 tracking, emergency address delivery, caller ID, call waiting, voicemail, call forwarding, and other calling features.
• Business Landline Phone Service Landline telephone service for businesses offering multiple line availability, phone book listings, and business-focused features for commercial customers.
• VoIP Phone Service Voice over IP phone service using internet connection for voice calls, with four tiers: Residential Standard, Residential Premium, Business Preferred, and Business Elite, each offering different feature sets including 911 registration, unlimited local/long distance, sequential ring, simultaneous ring, mobile client, softphone, and audio conferencing.
• Outdoor Wi-Fi Subscription add-on service extending Wi-Fi coverage beyond the home for outdoor spaces such as pools, patios, and yards. Includes weatherproof mesh Wi-Fi equipment and personalized installation support.

Quantifiable outcome

• 100-115 Mbps to 850-930 Mbps fiber internet speeds available depending on plan tier
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• City of FountainminorStrategic or Co-development Partner · 1 August 2024Self-funded $1.5 million fiber project to bring fiber internet to City of Fountain residents. Construction began August 2024 with completion expected in 2025. Partnership represents collaboration between MiBroadband and municipal government for infrastructure deployment.
• Mabel Cooperative Telephone CompanycoreStrategic or Co-development Partner · 1 January 2024Member-owned cooperative based in Mabel, MN (formed 1961) that co-owns MiBroadband. Serves over 1,500 subscribers in Mabel, Prosper, MN and Hesper, Burr Oak, Ridgeway, IA. Continues to build out its fiber network while providing excellent member service.
• Spring Grove CommunicationscoreStrategic or Co-development Partner · 1 January 2024Member-owned cooperative based in Spring Grove, MN (formed 1959) that co-owns MiBroadband. Operates a 100-percent fiber network covering 100-square miles of southeastern Minnesota along the Iowa border. Provides local broadband, cable TV, and telephone service to members.
• MiEnergy CooperativecoreStrategic or Co-development Partner · 1 January 2024Member-owned electric distribution cooperative resulting from merger of Hawkeye REC (Cresco, IA) and Tri-County Electric Cooperative (Rushford, MN) in 2017. Maintains 5,500 miles of power lines covering Fillmore, Houston, Winona counties in MN and Chickasaw, Howard, Winneshiek counties in IA. Serves more than 18,700 members. Co-owns MiBroadband since 2018.
• Harmony Telephone Company LLC (dba MiBroadband)coreStrategic or Co-development Partner · 1 January 2018Originally Harmony Telephone Company, purchased in 2006 by Mabel Cooperative Telephone Company and Spring Grove Communications. MiEnergy Cooperative bought into the company in 2018. Rebranded as MiBroadband in January 2024 to highlight focus on broadband services. Provides broadband, telephone, and cable TV service to Harmony and surrounding rural areas.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• TDS Telecom: Mid-sized US telecom operating fiber-to-the-home networks across rural Wisconsin, Minnesota, and other Midwestern states. Closely comparable product set (gigabit fiber, TV, phone) and rural go-to-market, but at substantially larger scale than MiBroadband.
• Frontier Communications: Major fiber broadband operator actively building FTTH across rural and small-town America, including parts of the Midwest. Competes indirectly with MiBroadband in adjacent rural geographies and provides a relevant scale benchmark for rural fiber expansion economics.
• Lumen (formerly CenturyLink): Incumbent tier-1 telecom offering fiber, broadband, and voice services across rural Minnesota and Iowa including towns adjacent to MiBroadband's footprint. Overlapping product set (fiber internet, VoIP, video) with overlapping rural Midwest geography.
• Consolidated Communications: Large publicly-traded rural and mid-market fiber and broadband provider serving many of the same kinds of small-town and rural Midwestern markets as MiBroadband. Offers a substantially overlapping product portfolio (fiber internet, TV, phone) at much greater scale, serving as the obvious broad incumbent benchmark.

Direct peers

• Arvig: Minnesota-based family-owned broadband provider delivering fiber, fixed wireless, cable TV, and phone to rural and small-town communities across central and northern Minnesota. Same operating model—mid-sized regional fiber ISP—and overlapping product portfolio as MiBroadband.
• Mabel Cooperative Telephone Company: Fellow rural Minnesota cooperative telephone company and co-owner of MiBroadband, serving 1,500+ subscribers in Mabel, Prosper, MN and Hesper/Burr Oak/Ridgeway, IA. Operates the same fiber build, telephone, and cable TV product set as MiBroadband and shares grant capture capabilities.
• Paul Bunyan Communications: Minnesota-based member-owned cooperative delivering fiber-to-the-home broadband, phone, and TV across rural northern Minnesota. Operates an identical rural-cooperative ISP model in the same state's regulatory environment, making it the most direct structural peer to MiBroadband.
• Spring Grove Communications: Member-owned cooperative in Spring Grove, MN, a co-owner of MiBroadband operating a 100% fiber network over 100 square miles along the Iowa border. Provides directly overlapping broadband, cable TV, and telephone services in the same rural southeastern Minnesota market.

Emerging players

• Starlink (SpaceX): Satellite-based broadband service from SpaceX explicitly targeted at rural and underserved markets—including the same rural Minnesota/Iowa counties MiBroadband serves. Represents the most credible substitute provider for MiBroadband's residential customers.

Regional players

• Midcontinent Communications: Regional cable and broadband operator serving Minnesota, North Dakota, South Dakota, and Wisconsin including rural communities adjacent to MiBroadband's territory. Offers comparable cable TV, internet, and phone bundles in the broader Upper Midwest market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MiBroadbandLLC
• Facebookfacebook.com/MiBroadbandLLC

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MiBroadband