BOC Profile
Boston Omaha Corporation is a diversified holding company with interests spanning several sectors including outdoor advertising, surety insurance, broadband services, and investment management. The company operates through its subsidiaries, providing a range of services and products across the United States.
In the outdoor advertising sector, Boston Omaha owns and manages a significant portfolio of billboards primarily located in the southeastern United States. As of March 25, 2022, the company operated approximately 3,900 billboards featuring around 7,400 advertising faces, of which 80 are digital displays. This extensive network enables Boston Omaha to offer broad and effective advertising solutions for businesses looking to enhance their visibility and reach.
Beyond advertising, Boston Omaha is active in the surety insurance and brokerage industries. The company offers surety bonds and related insurance products, catering to a variety of business needs and industries. This segment contributes to the company's revenue by providing financial guarantees that support construction projects, commercial transactions, and other business activities.
In the broadband sector, Boston Omaha delivers high-speed internet services to approximately 17,000 subscribers across multiple regions. This includes about 7,000 subscribers in southern Arizona and 10,000 in the Salt Lake City metropolitan area, covering cities such as Park City, Ogden, and Provo. The company's broadband services aim to bridge the digital divide by offering reliable internet access to underserved communities.
Founded in 2009 and originally known as REO Plus, Inc., Boston Omaha Corporation rebranded in March 2015 to better reflect its diversified business strategy. Headquartered in Omaha, Nebraska, the company continues to expand its footprint across various industries, leveraging its broad portfolio to drive growth and create value for its stakeholders.
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