Rural Telecom Consolidation: LICT Exec Shares Dixon/ Central Scott Strategy
September 2, 2015
Rural telecommunication consolidation continues with an announcement involving two incumbent rural Iowa carriers. Central Scott Telephone Company, a subsidiary of LICT Corporation, is purchasing Dixon Telephone Company. LICT expects to see synergies from combining the personnel of the two companies, which are adjacent to one another, said LICT Executive Vice President and Chief Financial Officer Robert E. Dolan. LICT has been acquiring rural telecommunication companies since 1989 and currently has 15 in its portfolio.
Rural Telecom Consolidation: LICT Exec Shares Dixon/ Central Scott Strategy