Arvig revenue hit $183M in 2024

Arvig generates revenue from customers

Arvig

Perham, Minnesota, United States

About Company Revenue

How Arvig hit $183M revenue with a 495 person team in 2023.

Established in 1950, Arvig has evolved from a modest family-owned telephone company to one of the largest independent telecommunications and broadband service providers in the nation. For over six decades, Arvig has been at the forefront of delivering state-of-the-art technology to both residential and business customers across Minnesota, offering a wide array of services including high-speed internet, television, telephone services, business security, Hosted PBX, managed IT solutions, and more. In a significant move towards an employee-empowered structure, Arvig transitioned to an ESOP (Employee Stock Ownership Plan) company in 2002. Today, 38 percent of the company is owned by its employees. With a dedicated team of over 700 employee-owners who reside and contribute to the communities they serve, Arvig underscores the importance of community involvement. This principle is evident in its substantial support for local enterprises, non-profits, and educational institutions, highlighted by the substantial contributions exceeding $550,000 to local schools through the Arvig School Partnership Program. The leadership of Arvig includes Allen Arvig as the President and CEO, with his son, David Arvig, serving as the Vice President and COO. These key figures, along with the broader Arvig leadership team and Board of Directors, spearhead the strategic vision and ongoing development of the company. In response to the critical need for improved internet access in some of the nation’s most underserved rural areas, Arvig is set to bolster its workforce by hiring an additional 200 employees. This expansion is indicative of Arvig's steadfast commitment to innovation and enhancing its service offerings to meet and exceed customer expectations. For anyone interested in learning more about Arvig and its services, additional information can be found at the Arvig business website, accessible via arvigbusiness.com, or by contacting their customer service line at 888.992.7844.

Founded

1950

Founded

Revenue

$183M

2023 Revenue

YOY

-----

YOY

Funding

$0

Funding

Arvig Revenue

In 2023, Arvig revenue run rate hit $183M in revenue.

  • 2023

    Arvig hit $183M in revenue in 2023

  • 1950

    Arvig launched in 1950 with $0 revenue

Arvig Funding History


No funding has been reported for Arvig yet.

Team

Arvig has 495 total employees.

DISTRIBUTION QTY
Total team size 495

Customers

Churn

Arvig Employees

Frequently Asked Questions about Arvig

  • When was Arvig founded?

    Arvig was founded in 1950.

  • How much revenue does Arvig generate?

    Arvig generates $183M in revenue.

  • How much funding does Arvig have?

    Arvig raised $0.

  • How many employees does Arvig have?

    Arvig has 495 employees.

  • Where is Arvig headquarters?

    Arvig is headquartered at Perham, Minnesota, United States

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