April 29, 2015
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Monmouth Independence Networks has fixed the problem it had with slowing services, said PJ Armstrong, tech director.
Company in talks with city of Jefferson for services
Monmouth-Independence Networks may start providing services to the city of Jefferson, said Don Patten, general manager of Minet.
Monmouth Independence Networks (Minet) has kept a 60 percent market share in its coverage area, maintaining a mostly flat revenue versus expenses, said Buzz Brazeau, chair of the finance committee.
The Independence City Council approved advancing $340,790 toward the December debt service payment for Monmouth Independence Networks.
Independence City Manager David Clyne requested replacement on the board for Monmouth Independence Networks (MINET).
But first, it discusses employee benefits, board policies
Monmouth Independence Networks board of directors believes it needs to stop “playing small ball” and refocus on the big picture of telecommunications and running the business.
Monmouth Independence Networks employees have been busy getting updates made and security improvements done.
Former employee claims hostile work environment, harassment
A lawsuit was filed on June 25 against the cities of Independence and Monmouth and against Monmouth Independence Networks (MINET) claiming discrimination, harassment and retaliation.
The Monmouth Independence Networks (MINET) board of directors will schedule a board retreat to consider bylaws, board policies and a code of conduct.
Officials suggest exchanging access for debt forgiveness
Monmouth-Independence Networks (MINET) must find new avenues to increase revenues if it is to be self-sustaining, Director Don Patten said to the board at its Thursday meeting.
CFO says market share not there to pay $25 million debt, operating expenses, capital improvements
The total annual revenue is expected to be $4.886 million, compared to $4.548 projected in 2014-15.
Monmouth-Independence Networks (MINET) is stable, but not growing at a rate that will make it profitable and able to make its debt payments.
Finance advisory group disbanded after accusations fly
After months of infighting, the Monmouth-Independence Network (MINET) finance committee was disbanded on March 26.