Exhibit 99.1

     Iowa Telecom Declares Quarterly Dividend of $0.405 Per Share

    NEWTON, Iowa--(BUSINESS WIRE)--Sept. 15, 2006--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 October 16, 2006 to shareholders of record at the close of business
on September 29, 2006. The dividend represents the seventh full
quarterly dividend payable to stockholders at the indicated annual
dividend rate of $1.62 per share.

    About Iowa Telecom

    Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) 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 435
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.

    Forward-Looking Statements

    The press release 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 press release is issued, and Iowa Telecom undertakes no duty to
update this information.

    CONTACT: Iowa Telecommunications Services, Inc.
             Media Contact:
             Julie White, 641-787-2040
             Julie.White@iowatelecom.com
             or
             Corporate Communications, Inc.
             Investor Relations Contact:
             Kevin Inda, 407-566-1180
             Kevin.Inda@cci-ir.com