DTC Communications To Refund $500,000 To Members

August 5, 2008

The Board of Directors of DTC Communications announced it is refunding $500,000 this month in capital credits to members.

DTC ranks among the highest in the state in member refunds.

The capital credit refunds are issued to current and former members who paid for service in 1998 from DTC Communications. DTC’s unique structure as a member-owned cooperative gives it the option, based on its financial strength, of offering these capital credit refunds.

“Given the current economic conditions, we are especially pleased to be able to continue our history of refunding capital credits for the fifteenth consecutive year, bringing the total refunds for this period to more than $19 million,” said Leslie Greer, CEO.

“Members who have moved or changed their names since 1998 should contact our customer service office with the updated information. We want to make sure everyone receives their refunds in a timely manner.”

Current and former members of DTC who paid for service during 1998 should receive checks by the end of August. Members’ checks will be based on what they paid that year. Therefore, the amounts will vary from member to member. For more information about capital credit refunds, please call 615-529-1999.

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