Saturday, May 31, 2014 • Vol. 16--No. 317 • 11 of 35
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the past 60 years we have gone from POTS (Plain Old Telephone service) to fiber optics, high speed internet, cable TV and mobile phone service." • "The company continues to expand into new areas, especially the Aberdeen and Redfield areas," Groft said. "At the same time we are striving to lower expenses. In the last five years we have lowered total expenses by 11 percent and lowered our long term debt by 24 percent." • Part of the way JVT has done this is by purchasing their own construction equipment last year. The equipment allows the company to do their own installation of lines, rather than rely on outside contractors. Graft went on to remind the cooperative members that JVT was a regulated industry and some the changes done by the
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No election was held this year to the board of directors, due to only one petition per district being taken out, therefor, Attorney Jim Cremer declared Roger Zastrow, Bill Ewalt and Bill Troske reelected for another three year term. (Photo #7768 by Char Telkamp)
CEO James Groft gave an overview of what's been happening at JVT and what the future may hold during the JVT Annual Meeting. (Photo #7776 by Char Telkamp)
Treasurer Roger Zastrow gives the treasurer's report during the JVT Annual Meeting on Thursday. (Photo #7775 by Char Telkamp)
