Accounting for

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

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:

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:

Articles & News

Many federal and state grants are available and currently accepting applications or awarding funds for service providers to expand broadband access in rural areas.
These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on deducting website costs. Fortunately, established rules that generally apply to the deductibility of business costs provide business taxpayers launching a website with some guidance as to the proper treatment of the costs.
Many businesses shut down due to the pandemic and the economy. However, tax obligations when going out of business need to be met. First, a business must file a final income tax return and other related forms for the year it closes its doors.
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