Segment Information

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 12 – Segment Information  

We operate in the Communications Segment and have no other significant business segments. The Communications Segment consists of voice, data and video communication services delivered to the customer over our local communications network. No single customer accounted for a material portion of our consolidated revenues.

The Communications Segment operates the following incumbent local exchange carriers (ILECs) and competitive local exchange carriers (CLECs) and has investment ownership interests as follows:

Communications Segment

● ILECs:

▪ Nuvera Communications, Inc., the parent company;

▪ Hutchinson Telephone Company, a wholly-owned subsidiary of Nuvera;

▪ Peoples Telephone Company, a wholly-owned subsidiary of Nuvera;

▪ Scott-Rice Telephone Co., a wholly-owned subsidiary of Nuvera;

▪ Sleepy Eye Telephone Company, a wholly-owned subsidiary of Nuvera;

▪ Western Telephone Company, a wholly-owned subsidiary of Nuvera.

● CLECs:

▪ Nuvera, located in Redwood Falls, Minnesota; and

▪ Hutchinson Telecommunications, Inc., a wholly-owned subsidiary of Hutchinson Telephone Company, located in Litchfield and Glencoe, Minnesota;

● Our investments and interests in the following entities include some management responsibilities:

▪ FiberComm, LC – 20.00% subsidiary equity ownership interest. FiberComm, LC is located in Sioux City, Iowa;

▪ Broadband Visions, LLC (BBV) – 24.30% subsidiary equity ownership interest. BBV provides video headend and Internet services;

▪ Independent Emergency Services, LLC (IES) – 14.29% subsidiary equity ownership interest. IES is a provider of E-911 services to the State of Minnesota as well as a number of counties located in Minnesota;

▪ SM Broadband, LLC (SMB) – 10.00% subsidiary equity ownership interest. SMB provides network connectivity for regional businesses.