PRESS RELEASE

Dateline – September 9, 2011

Chariton Valley Communication Corporation, Inc., a subsidiary of Chariton Valley Telephone Corporation, announced Thursday (September 8, 2011) at its annual stockholders meeting that the company has entered into an agreement with Verizon Wireless to participate in the LTE in Rural America program.

Chariton Valley General Manager Jim Simon said, "The LTE in Rural America program allows Chariton Valley's customers to receive the same 4G wireless technology that is offered in major metropolitan areas and complements our existing wireless offerings."

Under the agreement, Verizon Wireless will lease to Chariton Valley its 700 MHz upper C block wireless spectrum in the Chariton Valley service area where Verizon Wireless has not constructed a network. Using the leased spectrum, Chariton Valley will construct and operate a 4G LTE network in five counties in northeastern Missouri.

“We are pleased to work with an established and respected telecom leader like Chariton Valley, and excited that momentum continues to build for delivering the benefits of 4G LTE to rural areas through our program,” said Molly Feldman, vice president of business development for Verizon Wireless.

Chariton Valley is the 11th company to announce participation in Verizon Wireless’ LTE in Rural America program.

About Chariton Valley: Chariton Valley Communication Corporation is a subsidiary of Chariton Valley Telephone Corporation, a member owned cooperative, headquartered in Macon, Missouri. Chariton Valley and its subsidiaries has a long and rich history of providing a wide variety of telecommunications services including voice, video, high-speed internet and wireless services in several Missouri counties.