LICT Continues to Support Affordable Connectivity Program (“ACP”) Customers
LICT (OTC Pink: LICT) has announced an extension of its version of the Affordable Connectivity Program (ACP) discount through June 2025. This extension comes after the government terminated the original ACP in May 2024. The company had previously committed to extending the defunded ACP credit through January 2025, but has now further extended the support to aid communities in securing their broadband needs. This initiative demonstrates LICT's commitment to maintaining broadband accessibility for customers who relied on the original government program.
LICT (OTC Pink: LICT) ha annunciato un'estensione della sua versione del Programma di Connettività Accessibile (ACP) fino a giugno 2025. Questa estensione arriva dopo che il governo ha terminato l'originale ACP nel maggio 2024. L'azienda si era precedentemente impegnata ad estendere il credito ACP non finanziato fino a gennaio 2025, ma ora ha ulteriormente prolungato il supporto per aiutare le comunità a soddisfare le proprie esigenze di banda larga. Questa iniziativa dimostra l'impegno di LICT nel mantenere l'accessibilità alla banda larga per i clienti che facevano affidamento sul programma governativo originale.
LICT (OTC Pink: LICT) ha anunciado una extensión de su versión del Programa de Conectividad Asequible (ACP) hasta junio de 2025. Esta extensión llega después de que el gobierno terminara el ACP original en mayo de 2024. La empresa se había comprometido anteriormente a extender el crédito del ACP desfinanciado hasta enero de 2025, pero ahora ha ampliado aún más el apoyo para ayudar a las comunidades a asegurar sus necesidades de banda ancha. Esta iniciativa demuestra el compromiso de LICT de mantener la accesibilidad a la banda ancha para los clientes que dependían del programa gubernamental original.
LICT (OTC Pink: LICT)는 저렴한 연결 프로그램(ACP) 할인 버전을 2025년 6월까지 연장한다고 발표했습니다. 이 연장은 정부가 2024년 5월 원래의 ACP를 종료한 후 이루어졌습니다. 이 회사는 기존의 자금이 중단된 ACP 신용을 2025년 1월까지 연장하겠다고 이전에 약속했지만, 이제는 커뮤니티가 광대역 요구를 해결하는 데 도움을 주기 위해 지원을 더 연장했습니다. 이 이니셔티브는 정부의 원래 프로그램에 의존했던 고객을 위해 광대역 접근성을 유지하려는 LICT의 헌신을 보여줍니다.
LICT (OTC Pink: LICT) a annoncé une prolongation de sa version du Programme de Connectivité Abordable (ACP) jusqu'en juin 2025. Cette prolongation intervient après que le gouvernement ait mis fin à l'ACP original en mai 2024. L'entreprise s'était auparavant engagée à prolonger le crédit ACP Foncé jusqu'en janvier 2025, mais elle a désormais étendu davantage le soutien pour aider les communautés à répondre à leurs besoins en matière de large bande. Cette initiative démontre l'engagement de LICT à maintenir l'accessibilité à la large bande pour les clients qui dépendaient du programme gouvernemental original.
LICT (OTC Pink: LICT) hat eine Verlängerung seiner Version des Programms für erschwingliche Konnektivität (ACP) bis Juni 2025 angekündigt. Diese Verlängerung erfolgt, nachdem die Regierung das ursprüngliche ACP im Mai 2024 beendet hat. Das Unternehmen hatte zuvor zugesagt, den nicht finanzierten ACP-Guthaben bis Januar 2025 zu verlängern, hat nun jedoch die Unterstützung weiter verlängert, um Gemeinschaften zu helfen, ihre Breitbandbedürfnisse zu sichern. Diese Initiative zeigt das Engagement von LICT, die Breitbandzugänglichkeit für Kunden, die auf das ursprüngliche Regierungsprogramm angewiesen waren, aufrechtzuerhalten.
- Extended customer support program through June 2025, showing commitment to customer retention
- Proactive approach to maintaining broadband accessibility despite government program termination
- Additional costs incurred by extending subsidized services could impact profitability
In April 2024, LICT announced that it would extend the defunded ACP credit through January 2025.
LICT continues to look for ways to support those individuals requiring assistance in securing their broadband needs.
This release contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including without limitation anticipated financial results, financing, capital expenditures and corporate transactions. It should be recognized that such information is based upon certain assumptions, projections and forecasts, including without limitation business conditions, financial markets and the cautionary statements set forth in documents filed by LICT on its website, www.lictcorp.com. As a result, there can be no assurance that any possible transactions will be successful or that financial or other targets will be met. Such forward-looking information is subject to uncertainties, risks and inaccuracies, which could be material.
LICT is a holding company with subsidiaries in broadband and other telecommunications services that actively seeks acquisitions, principally in its existing business areas. LICT is listed on the OTC Pink ® under the symbol LICT. For further information, please visit our website listed above.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241218048933/en/
Stephen J. Moore
Vice President-Finance
914-305-3312
Source: LICT Corporation
FAQ
How long will LICT extend its ACP discount program?
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How is LICT supporting customers affected by the ACP termination?
