UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                ----------------

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): December 16, 2005

                                ----------------

                     Iowa Telecommunications Services, Inc.
             (Exact name of registrant as specified in its charter)

           Iowa                     001-32354                    42-1490040
(State or Other Jurisdiction       (Commission                (I.R.S. Employer
       of Incorporation)           File Number)              Identification No.)

      115 South Second Avenue West
              Newton, Iowa                                          50208
(Address of Principal Executive Offices)                         (Zip Code)


       Registrant's telephone number, including area code: (641) 787-2000

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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



Item 7.01  Regulation FD Disclosure.

Iowa Telecommunications Services, Inc., (NYSE: IWA) today announced its Board of
Directors  has  declared  a  quarterly  dividend  of  $0.405  per  share on Iowa
Telecommunications  common stock. The dividend is payable on January 17, 2006 to
shareholders  of record at the close of  business  on  December  30,  2005.  The
dividend  represents the fourth full quarterly  dividend payable to stockholders
at the indicated annual dividend rate of $1.62 per share.

Iowa Telecommunications  Services, Inc. is a telecommunications service provider
that offers local  telephone,  long  distance,  Internet,  broadband and network
access services to business and residential customers. Today, the company serves
over 440 communities  and employs over 600 people  throughout the State of Iowa.
The company's  headquarters  are in Newton,  Iowa. The Company trades on the New
York Stock Exchange under the symbol IWA. For further information regarding Iowa
Telecom,  please go to www.iowatelecom.com  and select "Investor Relations." The
Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services,
Inc. in the United States.

This current report may contain forward-looking statements that are not based on
historical fact,  including without limitation  statements  containing the words
"believes,"  "may,"  "plans,"  "will,"  "estimate,"  "continue,"  "anticipates,"
"intends,"  "expects," and similar expressions.  Such forward looking statements
involve known and unknown risks,  uncertainties and other factors that may cause
actual results,  events or  developments to be materially  different from future
results,  events or developments  described in the  forward-looking  statements.
Such factors  include those risks  described in Iowa Telecom's Form 10-K on file
with the SEC.  These  factors  should be  considered  carefully  and readers are
cautioned not to place undue reliance on such  forward-looking  statements.  All
information  is current as of the date this  current  report is filed,  and Iowa
Telecom undertakes no duty to update this information.


Item 9.01  Financial Statements and Exhibits.

(c) Exhibits.

    Exhibit Number    Description of Exhibit
    --------------    ----------------------
    99.1              Press release dated December 16, 2005.






                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Dated: December 16, 2005             Iowa Telecommunications Services, Inc.

                                     By: /s/ Craig A. Knock
                                         -------------------------------------
                                         Craig A. Knock
                                         Vice President, Chief Financial Officer
                                         and Treasurer