SeeBITDAOklahoma

Carnegie Telephone Company Inc.

Wired Telecommunications Carriers
Estimated valueMedium confidence
$2.8M
$1.5Mlikely range$3.8M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$7.7M
a year
Profit (EBITDA)
$730K
10% of revenue
Employees
14
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
  • James Powers
    Signs company filings · Form 5500 (2023)

How we got $2.8M

Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.

14 employees × $492K each$6.9M
PPP payroll ÷ payroll's usual share of revenue$6.5M
Shown toward the top of its range×1.14
Revenue$7.7M
× 10% profit margin$730K
× 3.8 sale multiple = value$2.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 123 years (since 1903)

From public records and the company's website, not a statement that it's for sale.

What they do

Carnegie Telephone Company Inc. provides fiber and wireless internet, mobile phone, TV and streaming, phone service, and business services to homes and businesses in southwestern Oklahoma.

Products & services
Fiber InternetWireless internetMobile Phone & DataTV & StreamingHome PhoneLandline Phone ServiceUnified CommunicationsCloud Phone ServiceBusiness ServicesNetwork security solutionsWhole-Home WiFiHosted PBX platform
Markets served
Homes and businessesFarmland and acreage homes
Service area
CarnegieMountain ViewFort CobbSquaretopAlfalfaFort Cobb LakeCrow RoostCaddo County

From the company's website. Industry: Wired Telecommunications Carriers.

Customers & suppliers

Suppliers & brands

  • TP-Link Aginet · brand it sells or installs
  • Polycom · brand it sells or installs
  • Grandstream · brand it sells or installs
  • Cisco · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Home builders

Estimated value over time

▲ 18% since 2020
$0$1.6M$3.2M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 21% since 2020
01020202020212022202320241411
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan14$5.8M$557K
2020Form 550012$5.0M$478K
2021Form 550010$4.2M$398K
2022Form 550011$4.6M$438K
2023Form 550013$5.4M$517K
2024Form 550011$4.6M$438K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
CARNEGIE TELEPHONE COMPANY INC.
this business
$7.7M$730K—
XStream Services
Hinton
$3.7M$383K28.9 mi
Metro by T-Mobile
Lawton
$1.5M$108K34.7 mi
Assist Wireless
Lawton
$1.5M$108K36.0 mi
Assist Wireless
Lawton
$1.5M$108K37.0 mi
Assist Wireless
Chickasha
$1.5M$108K37.9 mi
Cricket Wireless
El Reno
$1.5M$108K45.1 mi

The full calculation

Employees reported to the SBA14
Revenue from headcount (employees × revenue per employee for companies this size)$6.9M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$6.5M
Estimate: the two combined (geometric mean)$7.7M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$730K

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$2.8M
Multiple for this size and industry3.8×
Value range$1.5M – $3.8M
Revenue range$5.0M – $8.7M
EBITDA range$480K – $832K
Industry (NAICS)Wired Telecommunications Carriers (517111)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1903Family-owned
“Carnegie Telephone Company had its start near the founding of Carnegie in 1903, starting from a single, operator-driven switchboard.”

Advisors

  • BankingBank of CommercePPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Bank of Commerce
PPP 2020
All 308 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$202K$203K14Bank of Commerce

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Carnegie Telephone Company Inc.

Carnegie Telephone Company Inc. is a family-owned wired telecommunications carriers company in Carnegie, Oklahoma, in business since 1903. Its estimated annual revenue is about $7.7M, with roughly $730K of EBITDA. It has about 11 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).

Common questions

Who owns Carnegie Telephone Company Inc.?
The owner of Carnegie Telephone Company Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Carnegie Telephone Company Inc. make?
SeeBITDA estimates Carnegie Telephone Company Inc.'s annual revenue at about $7.7M (likely between $5.0M and $8.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Carnegie Telephone Company Inc. worth?
About $2.8M, roughly 3.8× its estimated EBITDA of $730K, typical for a wired telecommunications carriers company its size. Likely range: $1.5M–$3.8M.
How many employees does Carnegie Telephone Company Inc. have?
About 11, from its 2024 retirement-plan filing.
When was Carnegie Telephone Company Inc. founded?
Carnegie Telephone Company Inc. has been in business since 1903.