Midco
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (January 2013) |
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Company type | Joint venture |
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Industry | Telecommunications, Cable television/Internet/telephone, Fiber-optic communications |
Founded | 1931 Minneapolis, Minnesota |
Headquarters | Sioux Falls, South Dakota |
Area served | Minnesota North Dakota South Dakota Wisconsin |
Key people | Pat McAdaragh, CEO |
Parent | Midcontinent Media (51%) Comcast (49%)[1] |
Website | www |
Midco (until 2016, known by the full name of Midcontinent Communications) is a regional cable provider, providing a triple play service of Cable television, Internet and telephone service for both North Dakota and South Dakota, along with several communities in Minnesota and Wisconsin.[2] The company's business-class service also provides direct fiber-optic communications services via leased data circuits for larger companies.
Headquartered in Sioux Falls, South Dakota and operated as a joint venture between Midcontinent Media and Comcast, Midco provides service to 200 communities both urban and rural, serving an area that covers over 1.2 million people.[3]
History
Midcontinent Media was originally founded in Minneapolis, Minnesota in 1931 as the Welworth Theater Company, an operator of movie theaters. The company remained in that business until the 1990s, when it sold its theaters to various chains, including Carmike. In 1952, it bought the Midcontinent Broadcasting Company, owner of KELO-AM-FM in Sioux Falls; the company name changed to Midcontinent Media. The company also bought the construction permit for South Dakota's first television station, KELO-TV, which took to the air in 1953. Midcontinent purchased several other radio and television stations, but began exiting broadcasting in the 1990s (with KELO-TV and its satellites sold off to Young Broadcasting, currently owned by Media General), selling off the last of their radio holdings in 2004.
Midco diversified and extended its reach into other areas of the Upper Midwest, providing telephone and cable TV in rural parts of its service area, starting in the 1960s. In 1999, Midcontinent Media and AT&T Broadband (formerly known as TCI) merged their cable operations in the Dakotas, Minnesota and Nebraska into Midcontinent Communications, a joint venture between both companies. The partnership continued after Comcast's purchase of AT&T Broadband.
In the fall of 2008, Charter Communications announced their filing for Chapter 11 bankruptcy protection and the sale of some assets in non-critical areas. On October 14, 2008, an article appeared in the Fairmont, Minnesota Sentinel,[4] reporting that Charter was selling parts of their system to Midcontinent Communications, including its Bemidji and International Falls headends. Starting February 1, 2009 Midcontinent Communications took over some Charter's cable systems in Minnesota including Balaton, Bemidji, Canby, Ely, Fairmont, International Falls, Littlefork, Sherburn, and surrounding communities. Other areas in Minnesota were sold off to Comcast.[5]
In June 2011, Midcontinent Communications acquired 33,000 Minnesota and Wisconsin subscribers from US Cable.
Midco previously provided paging service, starting in 1985, but sold its paging services to another South Dakota company, Vantek Communications, in 2004. The former paging service was renamed Midco Connections.
On January 12, 2016, the company officially adopted the shortened Midco name across all of their operations, rendering it in all-caps as "MIDCO", with the new tagline of "Let's Go".[6][7]
Midco Sports Network
Midco offers a regional sports network called Midco Sports Network (formerly MC23 until August 2010) exclusive to their service in standard and high definition which carries coverage of University of North Dakota, University of South Dakota and South Dakota State University sports, along with many other smaller colleges in the Dakotas and Minnesota.[8] Midco Sports Network is also the primary television provider for Summit League men's and women's basketball, providing a game of the week along with every game in both tournaments, and they broadcast the Summit League baseball championship. All the Summit League Midco Sports Network productions are simulcast on ESPN3 for areas where Midco Sports Network isn't available.
References
- ^ https://www.google.com/finance?cid=15452986&ei=EOSqVIF9zpWoAf2ngCg
- ^ "Midcontinent Communications Overview and Coverage". broadbandnow.com. Retrieved 2015-06-01.
- ^ "About Midcontinent Communications". broadbandmap.gov. Retrieved 2015-06-02.
- ^ "New cable firm seeks support - FairmontSentinel.com | News, Sports, Jobs, Community Info. - Fairmont Sentinel". fairmontsentinel.com. Retrieved 2016-01-19.
- ^ [1] Archived April 14, 2009, at the Wayback Machine
- ^ Schwan, Jodi (12 January 2015). "Midcontinent rebrands as Midco". Argus Leader. Retrieved 16 January 2016.
- ^ "New Look for Region's Largest Communications Company" (Press release). MIDCO. 12 January 2016. Retrieved 16 January 2016.
- ^ Press Room