Nemont Telephone Cooperative acquires Billings-based Parsec Data Management

Montana’s farthest-reaching phone cooperative is getting into the cloud storage business with its recent purchase of a Billings data firm.

“Parsec basically helps us gain new customers with off-site data storage, or cloud-based computing,” said Leif Handran, Nemont sales and marketing manager. It’s a service big customers like banks and large retail companies are looking for.”

Nemont Telephone Cooperative in December acquired Parsec Data Management, a move that sets up the Scobey-based cooperative to offer off-site data storage for the large customers like banks and eventually cloud storage for the small internet customers.