Making its home in Minnesota and owning and operating cellular and digital phone service companies in thirteen states, the Rural Cellular Corporation is quickly making a name for itself.
             Sense its inception in 1990 Rural Cellular Corporation, or RCC, has become the ninth largest rural cellular company in the country. A rural cellular company is exactly what it sounds like. It has no holdings or contracts in major metropolitan areas, but instead it groups together small rural cellular carriers and providers into one large corporation. By starting in their home state of Minnesota, they have branched out to all sectors of the country, including Washington, Oregon, North and South Dakota, Nebraska, Mississippi, Alabama, New York, New Hampshire, Vermont, Massachusetts, and Maine. By gathering up small cellular companies in these areas, RCC has given itself a foothold in fast growing areas of the country.
             As they have grown in location, so have they grown in service and product they offer. They have just recently begun to offer digital phone service in some of their areas, while at the same time they have implemented paging and phone service packages. By packaging these together they offer the convenience of a mobile phone with the practicality of a pager. Something that will benefit both the businessman and the family man.
             Just by taking a quick look at the RCC annual report, you may see a company that is in excellent condition, and is on a sure footing for the future. However, certain aspects of this company are raising my suspicions of a short-lived existence.
             The annual report I received and analyzed is from 1999. When I requested the most current report, the 2000 was unavailable. Therefore, the numbers I relied on and cite throughout this analysis are one year old.
             As a whole, the annual report is very easy to follow and understand. The first twenty pages are charts, graphs, time-lines...