<PAGE>
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                 FORM 10-K
             Annual Report Pursuant to Section 13 or 15(d) of
                    The Securities Exchange Act of 1934

For the fiscal year ended December 31, 1995    Commission file number 0-8320

                           MID-PLAINS TELEPHONE, INC.                       
          (Exact Name of Registrant as Specified in Its Charter)

                WISCONSIN                                  39-0274450       
          (State or Other Jurisdiction of               (I.R.S. Employer
           Incorporation or Organization)              Identification No.)

 1912 Parmenter Street, P.O. Box 620070, Middleton, Wisconsin      53562-0070 
 (Address of Principal Executive Offices)                          (Zip Code)

Registrant's telephone number, including area code      (608) 831-1000      

Securities registered pursuant to Section 12(b) of the Act:
                                         Name of each exchange on which
        Title of each class                         Registered              
                                NONE                                        

Securities registered pursuant to Section 12(g) of the Act:

Common Stock $3.33-1/3 Par Value
8% Subordinated Debentures, Due July 1, 2000
                                                                           
                             (Title of Class)

Indicate by checkmark if disclosure of delinquent filers pursuant to Item 
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information 
statements incorporated by reference in Part III of this Form 10-K or any 
amendment to this Form 10-K.

Indicate by checkmark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act 
of 1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.  Yes   X     No      

As of March 11, 1996, there were 1,983,790 shares of Common Stock 
outstanding.  The aggregate market value (based upon unrelated party 
non-broker transactions which the Company was familiar with) of Common 
Stock held by nonaffiliates on that date was $79,351,600.

Documents incorporated by reference

Portions of the registrant's Annual Report to Shareholders for the fiscal 
year ended December 31, 1994 are incorporated by reference into Parts I, II 
and IV of this Form 10-K.

Portions of the registrant's Proxy Statement for the Annual Meeting to be 
held April 29, 1996 are incorporated by reference into Part III of this 
Form 10-K.
<PAGE>
                    MID-PLAINS TELEPHONE, INC. 

                             FORM 10-K
Part I. 
Item 1.  BUSINESS.

(a)  Mid-Plains Telephone, Inc., (Mid-Plains), which was incorporated
     in 1901, is a public utility providing telecommunications
     services primarily in Middleton, Cross Plains and the west side
     of Madison, Wisconsin.

     Mid-Plains has a wholly-owned subsidiary, Mid-Plains
     Communications Systems, Inc., (MPCS), which, in southern
     Wisconsin and northern Illinois, markets and installs
     deregulated communications systems and provides maintenance
     services related to their continued use.  In October, 1994 MPCS
     began providing long distance service.  In October, 1995 MPCS
     began providing Internet service.

     There was no material change in the nature of the business
     conducted by the Company during 1995.

     Information regarding the recent development of the Company's
     business in the number of access lines is shown below:
               <TABLE>
                                        Access
               Year                     Lines in Service
               <S>                      <C>
               1995                     28,549 
               1994                     26,281
               1993                     24,414
               </TABLE>
                         
(b)  Mid-Plains operates in two industry segments: a telecommunica-tions 
     utility providing telephone and data services (telephone
     operations) and system sales and service operations.  The
     financial information regarding Mid-Plains' industry segments is
     provided in the Company's Annual Report to Shareholders, page 21
     (Footnote 9) for the year ended December 31, 1995, incorporated
     herein and filed as Exhibit 13.

(c)  Mid-Plains' principal line of business is providing
     telecommunications services.  Operating revenues fall into four
     major classes:  local network revenues, network access and long
     distance services, system sales and services, and other (billing
     and collection, directory, other nonregulated and miscellaneous).  
<PAGE>
    Revenues from each of these classes over the last three years
     are as follows:
<TABLE>
                              Years Ended December 31,    
                              1995           1994          1993   
In Thousands
<S>                           <C>            <C>           <C>
Local Network Services        $ 4,265        $3,548        $2,520   
% of Total Revenues                17%           17%           13%  

Network Access and
Long Distance Services        $11,530        $9,916        $9,596
% of Total Revenues                47%           46%           51%  
  
Other                         $ 2,308        $2,096        $2,143
% of Total Revenues                 9%           10%           11%

System Sales and Services     $ 6,475        $5,900        $4,782
% of Total Revenues                27%           27%           25%
</TABLE>
The business of Mid-Plains is not seasonal to any significant extent.

Mid-Plains telephone utility operations are subject to regulation by
the Public Service Commission of Wisconsin (PSCW).   Mid-Plains
provides local exchange network service to customers within its 116
square mile service area located in Dane County, Wisconsin.  The
customers have local extended area services (EAS) and access to the
nationwide direct dial toll service network.  Although the Company's
customers have access to the nationwide direct toll network, the
Company does not have toll operators.  The operator service is
provided primarily through Ameritech.

The communications industry is undergoing significant changes. 
Regulatory, legislative and judicial decisions, new technologies,
heightened customer interest in advanced communications, and the
convergence of other industries with the telecommunications industry
are causes of increasing competition in the telecommunications
industry.  The range of communications services, the equipment
available to provide and access such services and the number of
competitors offering such services continue to increase.  Federal and
state regulators are encouraging changes that promote competition in
the industry in the belief that increased competition will drive
technological innovation, lower prices and improve service levels.

During 1993, the Wisconsin Legislature changed the definition of
small telecommunications utilities to include utilities with less
than 50,000 access lines.  This change reduced regulation for Mid-Plains, 
allowing greater flexibility in regulatory matters. 
<PAGE>
In 1994, the Wisconsin Legislature enacted the Telecommunications Act
of 1993.  This legislation resulted in open competition for Ameritech
and GTE and further relaxes regulation for other telecommunications
utilities in Wisconsin.

On February 8, 1996, the Telecommunications Act of 1996 was signed
into law.  The bill breaks down regulatory barriers at both the state
and federal levels and is certain to accelerate the convergence of
local, long distance, wireless, video and data.  The impact, however,
isn't likely to be felt immediately.  The FCC and state regulators
must decide precisely how Congress' instructions will be carried out. 
Due to Mid-Plains' size, it has limited exemption from several
provisions of the bill.

Mid-Plains believes that relief from excessive legislation will
enable the company to compete effectively and meet customers
expanding needs.  On February 20, 1996, Mid-Plains was the first
independent local exchange company in Wisconsin to file with the
Public Service Commission of Wisconsin (PSCW) an application for
authority to implement an alternative plan to traditional rate-of-return 
regulation.  The five-year plan, if approved by the PSCW, would set rate 
ceilings and decrease regulation.  In return, the plan establishes goals 
and will facilitate the transition to a greater competitive market.

As we look ahead, Mid-Plains faces increased competition with prices
and technology under continual pressure.  Along with these
challenges, Mid-Plains also sees growing opportunities to expand
beyond its traditional markets and continues to monitor and consider
the most favorable options.

The Company also encounters substantial competition from other
companies in the sale and servicing of communication systems and in
the sale and provision of long distance service.

Information regarding the Company's major customers is provided in
Mid-Plains' Annual Report to Shareholders, page 17 (Footnote 1) for
the year ended December 31, 1995, incorporated herein and filed as
Exhibit 13.

Order backlog is not a significant consideration in the Company's
business, and the Company has no contracts or subcontracts which may
be subject to renegotiation of profits or termination at the election
of the Federal government.

Information regarding the Company's working capital practice is
provided in Mid-Plains Annual Report to Shareholders, page 11, for
the year ended December 31, 1995, incorporated herein and filed as
Exhibit 13.
<PAGE>
The number of employees on the Company's payroll as of December 31,
1995, was 159.

Item 2.  PROPERTIES.

Information regarding the Company's properties is provided in Mid-Plains 
Annual Report to Shareholders, page 18 (Footnote 4).  All of
the telecommunications properties are  necessary to provide services
in its serving area.  Between January 1, 1993 and December 31, 1995,
the Company made property additions in the amount of $14.7 million
and retirements of $2.5 million.  Virtually all of this property is
subject to liens securing long-term debt.  In the opinion of
management, the Company's telecommunications plant is substantially
in good repair and suitably equipped.

Item 3.  LEGAL PROCEEDINGS.

There are no material pending legal actions, either for or against
the Company.

Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

There were none in the fourth quarter.

Executive Officers of the Registrant.

The following table sets forth the names and ages of all executive
officers of Mid-Plains and all positions and offices within the
Company presently held by such executive officers.  Executive
officers are elected annually for one year and hold office until
their successors are elected.  None of the executive officers of Mid-Plains 
has any family relationship with any other executive officer or director of 
the Company.
<PAGE>
<TABLE>
Name                      Age      Position Held    
<S>                       <C>      <C>
Dean W. Voeks             53       President and Director

Howard G. Hopeman         52       Vice-President and            
                                   Chief Financial Officer

Daniel J. Stein           41       Executive Vice-President and  
                                   General Manager of subsidiary,
                                   Mid-Plains Communications Systems,
                                   Inc.

Fredrick E. Urben         54       Vice-President, Administration &
                                   Human Relations, Secretary &  
                                   Treasurer, and Director
</TABLE>
Dean W. Voeks has served as President and Director of Mid-Plains
since January, 1991.  He has been an officer of Mid-Plains since
1987.  He has been President and a Director of Mid-Plains
Communications Systems, Mid-Plains subsidiary, since 1991.

Howard G. Hopeman has served as Vice-President and Chief Financial
Officer since 1989.  He has been a Director and Secretary & Treasurer
of Mid-Plains Communications Systems, Mid-Plains' subsidiary, since 
1994.

Daniel J. Stein has served as Executive Vice-President and General
Manager of the subsidiary, Mid-Plains Communications Systems, Inc.,
for the past nine years.  He became a Director of the subsidiary in
1987.

Fredrick E. Urben is Vice-President Administration & Human Relations,
and Secretary & Treasurer.  He has been an officer of Mid-Plains
since 1972 and a Director since 1977.  


PART II.

Item 5.  MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS.

Reference is made to Mid-Plains' Annual Report To Shareholders, page
opposite page 1, page 17 (Footnote 2) and page 25, for the year ended
December 31, 1995, incorporated herein and filed as Exhibit 13.
<PAGE>
Item 6.  SELECTED FINANCIAL DATA.

Reference is made to Mid-Plains' Annual Report To Shareholders, page
opposite page 1, for the year ended December 31, 1995, incorporated
herein and filed as Exhibit 13.

Item 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS.

Reference is made to Mid-Plains' Annual Report To Shareholders, pages
10-11, for the year ended December 31, 1995, incorporated herein and
filed as Exhibit 13.

Item 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

Reference is made to the Company's Annual Report To Shareholders,
pages 12-22, for the year ended December 31, 1995, incorporated
herein and filed as Exhibit 13.

Item 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE.

None.

<PAGE>
Part III.

Item 10.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT.

The information required as to the Directors of the Registrant is
incorporated by reference and is contained in Mid-Plains' definitive
proxy statement for its 1996 Annual Meeting of Shareholders filed or
to be filed not later than 120 days after the end of the fiscal year
covered by this report.  Information as to the Executive Officers of
the Registrant appears in Part I of this Form 10K Annual Report as an
unnumbered item under the caption "Executive Officers of the
Registrant".

Item 11.  EXECUTIVE COMPENSATION.

The information required by this item is incorporated by reference
and is contained in Mid-Plains' definitive proxy statement for its
1996 Annual Meeting of Shareholders filed or to be filed not later
than 120 days after the end of the fiscal year covered by this
report.

Item 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT.

(a)  Security ownership of certain beneficial owners.
     Pursuant to restrictions in Mid-Plains' By-Laws, no person,
     including any "group" as that term is used in Section 13(d)(3)
     of the Securities Exchange Act of 1934, may be, nor is any
     person in fact the beneficial owner of more than five percent of
     any class of the Company's voting securities.

(b)  Security ownership of certain beneficial owners.
     The information required by this item is incorporated by
     reference and is contained in Mid-Plains' definitive proxy
     statement for its 1996 Annual Meeting of Shareholders filed or
     to be filed not later than 120 days after the end of the fiscal
     year covered by this report.
     
(c)  Changes in control.
     Mid-Plains does not know of any arrangements, including the
     pledge by any person, of the Company's securities, the operation
     of which may at a subsequent date result in a change of control
     of the Company.
<PAGE>
Item 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

The information required by this item is incorporated by reference
and is contained in Mid-Plains' definitive proxy statement for its
1996 Annual Meeting of Shareholders filed or to be filed not later
than 120 days after the end of the fiscal year covered by this
report.

Part IV. 

Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM
8-K. 

(a)  1.   Financial Statements.  Reference is made to the
          Registrant's Annual Report To Shareholders, pages 12-22,
          for the year ended December 31, 1995, incorporated herein
          and filed as Exhibit 13.

          Consolidated Balance Sheets at December 31, 1995 and 1994.
 
          Consolidated Statements for each of the three years ended
          December 31, 1995 --

               Statements of Income
               Statements of Shareholders' Equity
               Statements of Cash Flows

          Notes to Consolidated Financial Statements. 

          Report of Management

          Report of Independent Public Accountants
          
    2.    Financial Statements Schedules.  

          All schedules are omitted because of the absence of
          conditions under which they are required.

          Separate financial statements and supplemental schedules of
          Mid-Plains are omitted since Mid-Plains is primarily an
          operating company and its subsidiary, included in the
          consolidated financial statements being filed, does not
          have a minority equity interest or indebtedness to any
          person other than Mid-Plains in an amount which exceeds
          five percent of the total assets as shown by the
          consolidated financial statements filed herein. 

<PAGE>
    3.    Exhibits.  Exhibits filed (or to be filed) as a part of
          this Form 10-K Annual Report are as follows:

          <TABLE>
          Exhibit Number      Description
          <S>                 <C>
          12                  Computation of Ratio of
                                Earnings to Fixed Charges
          13                  MID-PLAINS TELEPHONE, INC.
                                Annual Report to Shareholders
                                for 1995
          21                  Subsidiary of the Registrant
          27                  Financial Data Schedule
          </TABLE>
          Exhibits Incorporated By Reference

          Compilation of Articles of Incorporation current
          in effect as of December 31, 1990 (See Exhibit
          6, Form 10-K for the fiscal year ending 
          December 31, 1990).

          By-laws of the Company in effect as of December
          30, 1990 (See Exhibit 7, Form 10-K for the
          fiscal year ending December 31, 1990).

          January 16, 1992 Amendment to Bylaws (See
          Exhibit 5, Form 10-K for the fiscal year ended
          December 31, 1991).

          Mid-Plains Telephone, Inc., Series 1995
          Registered Subordinated Debenture to M&I First
          National Bank, West Bend, Wisconsin, Trustee,
          (See Exhibit 4, Form 8-K dated July 6, 1995.   

          Mid-Plains Telephone, Inc. Employee Stock Purchase
          Plan (See Exhibit 99, Form 10-Q for the quarter ended
          September 30, 1995).

(b)  Reports on Form 8-K.  There were no reports on Form 8-K filed
     with the Securities and Exchange Commission during the fourth
     quarter of the year ended December 31, 1995.

<PAGE>
SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Company has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized. 


                                   MID-PLAINS TELEPHONE, INC.
                                          (Registrant)

Date: March 29, 1996               By /s/Dean W. Voeks
                                      Dean W. Voeks, President

Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf
of the Company and in the capacities and on the dates indicated. 


/s/Dean W. Voeks         President and Director   March 29, 1996
Dean W. Voeks            (Principal Executive 
                         Officer)



/s/Howard G. Hopeman     Vice-President and       March 29, 1996
Howard G. Hopeman        Chief Financial Officer
                         (Principal Financial
                         and Accounting Officer)



/s/Fredrick E. Urben     Vice-President,          March 29, 1996
Fredrick E. Urben        Administration & Human
                         Relations, Secretary &
                         Treasurer and Director



/s/Charles Maulbetsch    Director                 March 29, 1996
Charles Maulbetsch



/s/S. C. Ehlers          Director                 March 29, 1996
S. C. Ehlers    

The above signatures include a majority of the signatures of the
Board of Directors.
<PAGE>
                                EXHIBIT 12



                        MID-PLAINS TELEPHONE, INC.


Computation of Ratio of Earnings to Fixed Charges

                                   Year Ended December 31,              
                   1995         1994       1993        1992         1991  
    
In Thousands:
 
Net Income         $3,425       $2,889     $2,882      $2,680       $1,922  
Income Tax
 Expense            2,109        1,715      1,551       1,562        1,026  
Interest Charges      957          896        955       1,004        1,062  

  Total Earnings   $6,491       $5,500     $5,388      $5,246       $4,010  
   Interest 
   Expense            957          896        955       1,004        1,062  
Ratio of Earnings
 To Interest
 Expense             6.78         6.14       5.64        5.23         3.77  

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