Item 7.01 Regulation FD Disclosure.

In July 2012, Multiband Corporation, a Minnesota corporation (Multiband) signed an Acquisition Agreement with MDU Communications International, Inc., a Delaware Corporation (MDUC) (previously disclosed on Form 8-K filed July 10, 2012) whereby Multiband was to acquire all outstanding common shares of MDUC (the MDUC Shares) in either a stock exchange or for $12.9 million in cash, at Multiband's option. Given current market conditions and assuming all conditions precedent to the transaction as stated in the Agreement are met and the transaction ultimately closes, Multiband intends to purchase the MDUC shares only for cash. Multiband will seek additional financing, as necessary, to close the transaction. Terms and conditions of such financing have not been established.