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Radar · Telecom in Minnesota

Best Telecom Companies in Minnesota, United States

The 77 best Telecom companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Eschelon.

77companies tracked
$259Mdisclosed funding
0unicorns
10have raised
FLIAR INTELLIGENCE · TELECOM × MINNESOTA

Our analysis of 50 Telecom companies

$56.1b in tracked funding; 87% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
87%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2015median founding year

Ranked: Best Telecom companies in Minnesota

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Eschelon
Provider of voice and data services and business telephone systems
$81M287 mo agoSeries A—1996———
2Lake Connections
Fiber optic telecommunication and television service provider in Minnesota
$56M168 mo agoFunding RaisedJeff Roiland
ex-CEO & President
2012———
3Surf Air Wireless
Fixed wireless broadband services provider in Illinois, Indiana and Michigan
$40M91 mo agoSeries BGene Crusie
CEO
2009———
4Internet For Business
Managed IT services provider delivering technology solutions, connectivity, and cybersecurity
$30M319 mo agoAcquired—1996——1 partnership
5Communications Systems
Connectivity infrastructure products for broadband networks
$25M59 mo agoPublic—1969———
6NextNet Wireless
Wireless broadband access products
$18M311 mo agoAcqui-HiredAree Osman
Co-Founder
1998—41 patents
OFDM fixed wireless broadband for metropolitan area networks using internal‑antenna CPE
—
7Arvig
Fixed wireless telecom, security and computer repair & sales services provider
$5M34 mo agoFunding Raised—1950WordPressApple iCloud MailGoogle Workspace+39——
8Axia Technology Partners
Business Telephony and Internet services provider
$1M88 mo agoSeries A—2009———
9LocaLoop
4G network in a box solutions provider
$1M90 mo agoSeedCarl Johan Torarp
Founder & CEO
2005—2 patents
Wireless broadband network infrastructure and automated subscriber billing systems
—
10Hiawatha Broadband Communications
Provider of residential internet, television, and phone communication services
$773K127 mo agoAcquired—2010Cart FunctionalityWooCommerceWordPress+16—1 launch
11Consolidated Telecommunications Company
Cooperative providing high-speed internet, TV, and phone services with local support
$760K126 mo agoEarly StageKevin Larson
CEO & GM
1950WordPress Block EditorWordPressMySQL+30——

Top 12 Telecom companies in Minnesota

#1
Funding Raised · Perham, Minnesota · founded 1950 · 810 employees
$5Mraised
▾

Arvig is a telecom service provider which caters to residential and business customers in the United States. It offers fixed wireless broadband internet access (with data speeds up to 50 Mbps), multiple speed based internet plans, managed WiFi, TV services, telephony, installation, maintenance, and support services. It also provides WiFi hotspots, security (home automation, home security)and computer repair & sales services. It provides these services through its fiber-optic backbone network.

Funding rounds
  • Aug 2023Grant (prize money)$879.7K
  • Mar 2012Grant (prize money)$75.7K
  • Aug 2010Grant (prize money)$4.1M
Investors
Minnesota.gov, United States Department of Agriculture, Hud Exchange
Tech stack
AhoyAnime.JsApache Http ServerApple Icloud MailAuraAxios
#2
Public · Minnetonka, Minnesota · founded 1969 · 129 employees
$25Mraised
▾

Communications Systems (through its subsidiaries) provides connectivity infrastructure products for the deployment of broadband networks. Its product portfolio includes copper and fiber connectivity systems, enclosure systems, network interface devices, splitters, structured cabling products, media converters, Ethernet switches (allow transmission of voice and data across networks and between copper-wired and fiber-optic equipment). It also provides IT network managed services including network design, computer infrastructure installations, IT service management, network security and network operation services.

Funding rounds
  • Jun 2021Post IPO$25M
Investors
CrowdOut
Tech stack
WordpressMysqlPhpNginxUnderscore.JsJquery
#3
Series B · Laporte, Minnesota · founded 2009
$40Mraised
▾

Surf Air Wireless provides high-speed broadband internet to Indiana, Illinois, and Michigan.is a wireless internet service provider which provides broadband internet, phone, data services and solutions to residential and business users of cities, suburbs, and rural communities in the US states of Illinois, Indiana and Michigan. The company offers fixed wireless broadband internet services, local and long distance digital phone service with custom calling features and virtual PBX and managed WiFi services. It also provides home security, surveillance and automation solutions, network monitoring, management, installation, maintenance and support services.

Funding rounds
  • Nov 2018Series B$40M
Founders & team
Gene CrusieCEO
Investors
Post Road Group
Tech stack
WixReactGoogle CloudPolyfillLodashHsts
#4
Funding Raised · Two Harbors, Minnesota · founded 2012
$56.5Mraised
▾

Lake Connections is a telecommunication service provider which provides broadband internet, phone, video, data services and solutions to residential and business users in the US state of Minnesota. The company offers fiber optic broadband internet services, local and long distance telephone service, digital television service with DVR, on-demand and mobile streaming services, business (VoIP) phone systems and cost-effective bundle services.

Funding rounds
  • 2012Conventional Debt$56.5M
  • Grant (prize money)$10M
Founders & team
Jeff Roilandex-CEO & President
#5
Series A · Minneapolis, Minnesota · founded 1996 · 351 employees
$80.6Mraised
▾

Provider of voice and data services and business telephone systems

Investors
Bain Capital Private Equity, Wind Point Partners, Stolberg Equity Partners, J P Morgan, Growth Catalyst Partners
#6
Acquired · Shoreview, Minnesota · founded 1996 · 535 employees
$30Mraised
▾

Managed IT services provider delivering technology solutions, connectivity, and cybersecurity. They empower businesses with skills, robust connectivity, comprehensive security, seamless communication, and strategic IT support. They improve productivity, security, and availability through managed IT services. Expertise extends to digital infrastructure, internet connections, private networks, cyber security, business phone systems, and network-related hardware and software. They focus on service, team expertise, and customer relations. They proactively deliver and support IT services and solutions for organizations, offering expertise and support for everything from single office fit-outs to enterprise-level solutions. They provide scalable and agile IT services to meet business needs.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 9.7% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +1 · hiring: Sales Representative, Sales Executive
Activity: 1 partnerships announced in 12 mo
Investors
Lime Rock Partners, 3i Group
Tech stack
Squarespace CommerceSquarespaceStimulusJqueryGoogle Hosted LibrariesGoogle Analytics
#7
Acqui-Hired · Burnsville, Minnesota · founded 1998
$18Mraised
▾

NextNet Wireless develops broadband wireless systems. NLOS system supports IP telephony, video streaming, gaming applications, etc. Provides equipment that unifies the modem, transceiver, and antenna into one unit and mobile subscriber unit, a broadband wireless access modem for trunk mount mobile market applications.

Funding rounds
  • Jul 2000Series B$10M
  • Sep 1998Series A$8M
Founders & team
Aree OsmanCo-FounderHemin MahmoodCEO
Investors
DCM Ventures, JAFCO Group, Coral Group, Westlake International Group, Star Ventures
#8
Series A · Rochester, Minnesota · founded 2009 · 17 employees
$1.2Mraised
▾

Axia is a national provider of converged IP solutions including nation-wide VoIP services, PBX solutions, wide area network connectivity, and internet access. Clients include financial institutions, municipal governments, schools, hospitals, law firms, accounting firms, and real estate developers. Provides products including local, national, toll-free, and international Voice over IP (VoIP) phone service, internet access, WAN consolidation, collocation services, fiber optic construction, structured cabling, and managed network services.

Funding rounds
  • Feb 2019Series A$1.2M
Tech stack
WordpressMysqlPhpGravity FormsAkismetYoast Seo
#9
Seed · Minneapolis, Minnesota · founded 2005
$1.2Mraised
▾

Developer and deployer of fourth-generation networks designed to connect people in rural areas. The company deploys and offers fourth-generation broadband networks using a software-defined network technology for rural areas and low-density markets, enabling users to get Internet connections and stay connected.

Founders & team
Carl Johan TorarpFounder & CEO
Tech stack
WordpressMysqlPhpBootstrapAll In One Seo PackContact Form 7
#10
Acquired · Winona, Minnesota · founded 2010 · 110 employees
$773Kraised
▾

Provider of residential internet, television, and phone communication services. The company delivers internet access for surfing, streaming, sharing, and gaming across multiple devices. Television services offer a variety of programming choices. Reliable home phone service allows customers to stay connected with others.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.8% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Nov 2015Grant (prize money)$773K
Investors
Moorgate
Tech stack
Apache Http ServerCart FunctionalityGoogle Tag ManagerHstsJqueryJquery Ui
#11
Early Stage · Brainerd, Minnesota · founded 1950 · 59 employees
$760Kraised
▾

Cooperative providing high-speed internet, TV, and phone services with local support. They deliver state-of-the-art technologies to improve rural communities, offering fiber internet for residential and business needs. Services include gigabit speeds, streaming TV, and reliable phone options. They focus on exceptional local customer service and community support. They provide internet, TV, and phone solutions, supporting business growth with hosted phones and wireless options. They strive to improve rural areas by delivering the technologies communities need to grow and thrive. They offer news and community updates, construction updates, and donation requests. They provide customer service and support through various channels.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 5.0% of this cohort's audience
Funding rounds
  • Dec 2015Unattributed$760K
Founders & team
Kevin LarsonCEO & GM
Tech stack
CloudflareCloudflare Bot ManagementConstant ContactCore-JsFacebook PixelFont Awesome
#12
Funding Raised · Austin, Minnesota · founded 1992 · 220 employees
$38.4Kraised
▾

Provider of contact center and alarm monitoring solutions for utilities. The organization delivers call management, line crew dispatch, and integration services. It offers outage communication software and alarm monitoring. The company provides outage texting services and video monitoring. It handles calls, disconnects, emergency locates, and other needs.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 986 LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Dec 2008Grant (prize money)$38.4K
Investors
Hud Exchange
Tech stack
AccessibeAnimate.CssBootstrapCdnjsCloudflareCloudflare Bot Management

Funding & investor landscape

$259Mtotal disclosed funding
12companies funded
13disclosed rounds
0rounds last 90 days
Most active investors
Hud Exchange2 rounds
Stolberg Equity Partners2 rounds
3i Group1 rounds
Bain Capital Private Equity1 rounds
Convergent Capital1 rounds
Coral Group1 rounds
CrowdOut1 rounds
DCM Ventures1 rounds
Growth Catalyst Partners1 rounds
J P Morgan1 rounds

Notable founders

Gene Crusie
CEO · Surf Air Wireless
Jeff Roiland
ex-CEO & President · Lake Connections
Aree Osman
Co-Founder · NextNet Wireless
Hemin Mahmood
CEO · NextNet Wireless
Carl Johan Torarp
Founder & CEO · LocaLoop
Kevin Larson
CEO & GM · Consolidated Telecommunications Company
Prism market signals · United States · country-scoped Prism corpus, 979,411 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN MINNESOTA · Networking & Security

How research on 5G 6G in Minnesota is moving

A read on the academic research around 5G 6G in Minnesota — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 85 papers.

85 papers · stance +0.70 · 51% breakthrough · 5% concern
breakthrough · advancement · concern
top institutions
  • University of Minnesota78
  • Minnesota State University, Mankato4
  • University of Minnesota System4
  • University of Minnesota Rochester1
  • University of St. Thomas - Minnesota1
leading researchers
Nicholas D. Sidiropoulos · Zhi‐Quan Luo · Mingyi Hong · Xiao Fu · Aritra Konar · Tsung‐Hui Chang
prism intelligence · tone & topics
88% positive · 6% critical tone
TelecommunicationsComputer ScienceMathematicsMachine LearningArtificial IntelligenceStatistics
▲ Breakthroughs43 · 51%
▼ 55%→53% share
▲1.0× share momentum21 median citations21% since 2021mostly methods-led
Breakthroughs are cooling (55%→53% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming35
  • Mathematical optimization12
  • MIMO10
  • Channel state information9
  • Transmitter8
Newly emergingScalability 0→3
Landmark Joint Base Station Clustering and Beamformer Design for Partial Coordinated Transmission in Heterogeneous Networks · 286 cites
◆ Advancements37 · 44%
41%→41% share
▲1.0× share momentum19 median citations19% since 2021mostly methods-led
Advancements are cooling (41%→41% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming26
  • MIMO12
  • Telecommunications link10
  • Mathematical optimization8
  • Multicast7
Landmark Quality of Service and Max-Min Fair Transmit Beamforming to Multiple Cochannel Multicast Groups · 601 cites
▼ Concerns4 · 5%
▲ 4%→6% share
▲1.5× share momentum0 median citations25% since 2021mostly empirical
Concerns are rising (4%→6% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming3
  • MIMO2
  • Imperfect1
  • Gaussian1
  • Directivity1
Landmark 6.4 A 1-to-3GHz Co-Channel Blocker Resistant, Spatially and Spectrally Passive MIMO Receiver in 65nm CMOS with +6dBm In- · 5 cites

Common questions

How many Telecom companies are there in Minnesota, United States?
Radar tracks 77 indexable Telecom companies headquartered in Minnesota, United States that meet our profile-completeness bar.
What is the total funding raised by Telecom companies in Minnesota, United States?
The Telecom companies in Minnesota, United States on this list have raised a combined $259M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Telecom company in Minnesota, United States?
Eschelon is the highest-funded Telecom company in Minnesota, United States, with $80.6M in disclosed equity funding.
How many Telecom companies in Minnesota, United States are funded?
12 of the 77 Telecom companies in Minnesota, United States on this list have disclosed at least one equity funding round.
How many Telecom unicorns are there in Minnesota, United States?
None of the Telecom companies in Minnesota, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Minnesota, United States Telecom companies?
The most active investors in Minnesota, United States Telecom companies on this list include Hud Exchange, Stolberg Equity Partners, 3i Group, Bain Capital Private Equity, Convergent Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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