Telecomunications Companies
We Understand Your Challenges
Since 1921, Olsen Thielen has provided accounting/auditing, tax, and regulatory services to over 250 telecommunications and energy utilities ranging in size from 800 to 60,000 customers. Our broad client base includes ILECs, CLECs, Cooperatives, and Municipals, providing voice, broadband, and video services over landline and wireless networks. As a trusted advisor, our industry specialists work closely with management to help navigate change and provide financial, regulatory, and strategic advice that they, their stockholders, and members can rely on.
Why Olsen Thielen
- Every member of our professional team working on your financial statements and tax returns has telecommunications engagement experience and understands the telecommunications industry and staff is required to attend continuing professional education courses including specialized utility training
- We have knowledge and experience with cooperative taxation and capital credit issues, and we work closely with you to minimize the taxes you pay
- Our Telephone Advisory Group consults specifically on telephone company issues including NECA settlements, rates and tariffs reporting, wireless negotiations, CLEC feasibility studies, and regulatory reporting to State and Federal regulators
- We are an active member of NTCA, NECA, Telegee Alliance, and numerous industry associations
Our Services
In addition to audit, accounting, and tax planning and preparation, Olsen Thielen’s regulatory and advisory services team has a depth of industry knowledge and expertise which allow us to stand out among other firms in the industry. Some of the services we provide to companies in the Telecommunications Industry include:
- Utility certification assistance
- Review of cooperative by-laws and income tax status
- Bundling and unbundling of rates
- Separation and access studies
- NECA reporting
- Analysis of billing and collection contracts
- Rate studies
- Access tariff filings
- Depreciation certification studies
- Assistance in securing financing
- Projected cashflow preparation and analysis
- VoIP filings
- Strategic business planning
- Interconnection agreements
- Broadband Stimulus Grant applications and reporting
- Network capacity requirements
- Regulatory updates
- Cost consulting
- State and federal USF
- State and federal regulatory compliance
- Financial forecasting
- Benchmarking
- Business valuations
Telecom Merger
Case Study
This telecom merger presented unique operational, financial, and governance challenges due to the overlap of owners across three entities – Fiber Minnesota, Broadband Visions and Southern Minnesota Broadband.
Contact a Specialist
Telecommunications companies face unique challenges and regulatory requirements. The highly regulated nature of this industry requires a consulting firm that understands the industry and can provide the consulting services needed to thrive in a changing business environment. To learn more about how we can help, contact one of our industry specialists:
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