2026 Annual Report
Chairman's Message
2025 was a strong year for GVTC -- not because everything was easy, but because our team stayed committed and did the work the right way.
Across the organization, employees stayed focused on what matters: taking care of our members, making responsible decisions, and delivering dependable service. That kind of consistency doesn't happen by accident. It comes from people who take ownership and care about what they do.
Fiber availability reached nearly 90% of our service area. We introduced the Customer Dividend Program, creating a direct return of value to members alongside our longstanding Member Dividend Program. We improved performance while staying disciplined -- and that balance matters.
"Our industry continues to change, and competition is real. But our approach remains steady -- investing in our network, staying focused, and building trust over time."
As we enter our 75th year, that doesn't change. We'll keep doing the work and taking care of our members every day. Because that's what defines GVTC.
On behalf of the Board of Directors, thank you for your continued trust in GVTC.
President & CEO Message
We began the year with clear priorities and a high standard for execution. Our teams delivered results.
We expanded the fiber network across our service area, increased capacity, and opened up new opportunities for homes and businesses. New products launched with strong early adoption. We grew our core products, improved the customer experience at every stage, and operated with discipline.
We recognized the market was getting tougher. Customers had more choices, and expectations continued to rise. That was the environment we operated in -- and it wasn't slowing down. So we increased accountability, moved with more speed, and aligned our teams for greater consistency across the business.
"Our goal was simple: take the strengths we have and convert them into tangible results, faster. Because GVTC was built to deliver."
One Team -- our employees and the communities we serve, moving forward together. We're ready to carry this momentum into 2026 and continue building what comes next.
GVTC's network was built to support what comes next. Fiber availability improved across our service area, with more than 3,400 additional rooftops moved into active planning and advanced connectivity extended deeper into the neighborhoods we serve.
We strengthened current performance while creating headroom for the next wave of technology. Expansion aligned with areas of long-term demand, and new wholesale partnerships extended our infrastructure reach -- turning existing assets into additional income while growing our footprint.
Each of these moves reinforced the same commitment: a network built to scale, adapt, and grow alongside the region it serves.
MultiGig internet launched in March with adoption surpassing expectations. IPTV subscriptions grew significantly. More than 10,000 members now rely on GVTC for smart home security, and Outdoor WiFi continues to extend connectivity beyond the home.
Alongside new products, we focused on fundamentals: improving consistency from installation to support, strengthening feedback loops, and delivering a more dependable overall experience.
We also returned millions of dollars to members through capital credits and dividend programs. This is what it means to be part of GVTC -- services that continue to improve, and a model that gives back.
GVTC employees bring a deep understanding of the communities they serve and a clear sense of ownership in their roles. Many have spent years building relationships and supporting their home areas. That consistency and commitment shapes how the work gets done every day.
The GVTC Foundation reinvested nearly $700,000 into local organizations focused on families, education, and emergency services. Employees contributed more than 17,000 volunteer hours across the region.
This is a team that takes pride in its work and holds itself accountable for results -- a standard that continues to define how GVTC operates, and how it moves forward.
Looking Ahead Together
GVTC enters 2026 with momentum and a 75-year milestone ahead. The focus isn't on looking back -- it's on continuing to move forward.
The region is growing. Expectations are rising. Opportunities are expanding alongside it. We're operating with purpose, investing with discipline, strengthening our responsiveness, and continuing to raise the standard across the business.
The foundation is in place. The direction is clear. The work continues.
One Team. Moving Forward Together.