Red Lake Nation News reports on Paul Bunyan Communications…

Paul Bunyan Communications is returning over $3.2 million to its members in 2023, the cooperative announced today.

Paul Bunyan Communications is a not-for-profit company that strives to provide the highest quality service at the most affordable rates. As a cooperative, membership in Paul Bunyan Communications includes the opportunity to share in the financial success of the company. When profits are earned, they are allocated to the members based on their proportional share of the allocable revenues. These allocations may then be returned to the individual members through capital credit retirements.

And a bit about their broadband business…

“The state of our cooperative remains strong. We are the largest broadband cooperative in Minnesota with over 28,000 active members throughout our 6,000 square mile service territory. We have been very busy building and expanding one of the largest all-fiber optic rural Gigabit networks in the country, the GigaZone®, which is revolutionizing the way members live, work, and play. It is rewarding to see all those efforts continue to pay off and return these profits to our membership” said Gary Johnson, Paul Bunyan Communications CEO/General Manager.

“For over 70 years we have been providing the latest in technology at cost. There is no membership fee to join Paul Bunyan Communications and there are no annual membership dues. All you need to do is subscribe to either one line of local phone or Broadband Internet service and you become a member. You get the latest in technology backed up by our talented team of over 160 local employees that all live and work here” added Dave Schultz, Paul Bunyan Communications Chief Financial Officer.