Corporate Profile for HickoryTech, dated October 6, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: October 6, 2000
Company Name: HickoryTech
Address: 221 East Hickory Street
Mankato, MN 56002-3248
Main Telephone
Number: 507-387-3355
Internet Home
Page Address
(URL) www.hickorytech.com
Chief Executive
Officer: Robert D. Alton, Jr.
Chief Financial
Officer: David Christensen
Investor Relations
Contact: Christian Rothe
Business number: 507-387-3355
E-mail address: Christian.Rothe@hickorytech.com
Public Relations
Contact: Christian Rothe
Business number: 507-387-3355
E-mail address: Christian.Rothe@hickorytech.com
Industry: Telecommunications
Trading Symbol/
Exchange: NASDAQ:HTCO
Market Makers: John G. Kinnard, Legg Mason, Schwab, Sherwood
Securities, Speer, Leeds & Kellog, Herzog, Heinz & Gould, Knight
Securities, Hill, Thomson, Magid & Co.
Company Description: Hickory Hickory, city, United States Hickory, city (1990 pop. 28,301), Burke and Catawba counties, W N.C., at the foot of the Blue Ridge Mts.; inc. 1870. It is a processing and trade center for an abundant agricultural region (grain, soybeans, poultry, hogs, Tech Corporation (HTC HTC HTML (Hyper Text Markup Language) Component HTC High Tech Computer Corp (Taiwan, China) HTC Hennepin Technical College (Minnesota) HTC High-Throughput Computing ) is a diversified diversified (di·verˑ·s communications holding company located in Mankato, Minnesota “Mankato” redirects here. For other uses, see Mankato (disambiguation). Mankato is a city in Blue Earth County¹, Minnesota with a population of 32,427 as of the 2000 census². , with operations in Minnesota Minnesota, state, United States Minnesota (mĭn'ĭsō`tə), upper midwestern state of the United States. It is bordered by Lake Superior and Wisconsin (E), Iowa (S), South Dakota and North Dakota (W), and the Canadian provinces and Iowa. HickoryTech has completed its 103rd year of operations with its roots in the local telephone exchange business. From this base, it has expanded into five sectors: local telephone, communications services, wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , billing/data services, and communications products. HTC's core business is the operation of four incumbent local exchange carriers ILEC, short for incumbent local exchange carrier, is a local telephone company in the United States that was in existence at the time of the break up of AT&T into the Regional Bell Operating Companies (RBOCs) also known as the "Baby Bells". (ILECs). This business consists of connecting customers to the telephone network, providing switched service and dedicated private lines, connecting customers to long distance service providers and providing many other services commonly associated with ILECs. For the six months ended 6/00, total revenues rose 6% to $50.3 million. Net income before extraordinary item fell 58% to $4.4 million. Results reflect increased wireless services revenues due to the wireless acquisitions, offset by higher operating and interest costs. |
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