LICT CORPORATION REPORTS FIRST QUARTER 2017 RESULTS

Rye, NY – April 27, 2017 – LICT Corporation (“LICT”; OTC Pink®: LICT) reports results for the first quarter ended March 31, 2017.

FIRST QUARTER RESULTS – In 2017, first quarter revenues increased by $4.6 million, or 21.2%, to $26.1 million compared to the corresponding quarter in 2016. Non-regulated revenues grew by $1.3 million, or 13.5%, to $11.2 million from the prior year’s $9.9 million due to increased broadband and competitive local exchange carrier (“CLEC”) revenues. Regulated revenues grew by $3.2 million, or 27.7%, to $14.9 million in the first quarter of 2017 from the prior year’s $11.6 million. Alternative-Connect America Cost Model, (“A-CAM”) revenues were $5.9 million and exceeded the 2016 USF revenue streams replaced by A-CAM by $2.6 million.  

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LICT Corporation Reports Fourth Quarter and Full Year 2016 Results

  • Revenues – Fourth Quarter- $23.8 million | Full Year- $90. 7 million
  • EBITDA – Fourth Quarter- $10.0 million | Full Year- $36.7 million
  • A-CAM Provides Significant Benefit to Communities We Serve

Rye, NY – February 13, 2017 –LICT Corporation (“LICT”; OTC Pink®: LICT) reports preliminary, unaudited results for the fourth quarter and full year ended December 31, 2016.

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LICT CORPORATION TO PARTICIPATE IN FCC’S NEW “A-CAM” SUPPORT PROGRAM

Rye, New York — February 1, 2017 – LICT Corporation (“LICT”, OTC Pink ®: LICT) is today announcing that each of its operating telephone company subsidiaries which is eligible to participate in the new “Alternative – Connect America Model” (“A-CAM”) program adopted by the Federal Communications Commission (“FCC”) has elected to do so.

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