Allo receives new infusion of capital

Allo Communications, which provides communication services to 20 Nebraska communities including many in the panhandle, has received a new infusion of money. Hall Capital Partners (HCP), a family-based private capital company, and the Dobson Partnership, the family partnership of former Dobson Communications Chairman and CEO, Everett Dobson, recently made a multi-million dollar investment for a minority interest in Allo.

Brad Moline, CEO and President of ALLO Communications says, "this major investment puts us in a position to grow our business and the areas where we provide service," Moline says"In the past, we completed projects in phases because of funding. Now we are able to finish a project from start to finish in a single phase, allowing us to provide optimal service to our customers in a timely manner."

Fred Hall, Chairman of HCP, said, "With our help, ALLO now has the opportunity to help create more vital infrastructure for Nebraska."

© 2013 Rural Radio Network. All rights reserved. Republishing, rebroadcasting, rewriting, redistributing prohibited. Copyright Information