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OTELCO ANNOUNCES RELEASE DATE FOR SECOND QUARTER 2020 RESULTS

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Otelco Inc. (Nasdaq: OTEL) will release its second quarter 2020 financial results after market close on August 4, 2020. A conference call is scheduled for August 5, 2020, at 11:30 a.m. ET to discuss these results. Interested participants can join the call by dialing (856) 344-9299. A replay will be available from August 5 at 2:30 p.m. ET until August 14, 2020. The company provides wireline telecommunications services across multiple states, catering to over 32,000 customers.

For further information, visit www.Otelco.com.

Positive
  • Scheduled release of Q2 2020 financial results may indicate proactive transparency.
  • Company serves over 32,000 customers, showcasing a stable customer base.
Negative
  • No specific financial metrics or performance indicators provided ahead of Q2 results.

ONEONTA, Ala., July 27, 2020 (GLOBE NEWSWIRE) -- Otelco Inc. (Nasdaq: OTEL), a wireline telecommunication services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, announced today that it will release its second quarter 2020 financial and operational results after the close of trading on Tuesday, August 4, 2020.  The Company will hold a conference call to discuss these results on Wednesday, August 5, 2020, at 11:30 a.m. (Eastern Time).  To listen to the call, participants should dial (856) 344-9299 approximately 10 minutes prior to the start of the call.  A telephonic replay will be available from 2:30 p.m. (Eastern Time) on August 5, 2020, through August 14, 2020, by dialing (719) 457-0820 and entering Confirmation Code 4356750.

The live broadcast of Otelco’s quarterly conference call will be available online at www.Otelco.com on August 5, 2020, beginning at 11:30 a.m. (Eastern Time).  The online replay will be available at approximately 2:30 p.m. (Eastern Time) on August 5, 2020, and will continue to be available for 30 days.

ABOUT OTELCO

Otelco Inc. provides wireline telecommunications services in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia.  The Company’s services include local and long distance telephone, digital high-speed data lines, transport services, network access, cable television and other related services.  Otelco provides over 67,000 services to more than 32,000 customers, with approximately 10% of those customers served over its Lightwave product.  Otelco operates eleven incumbent telephone companies serving rural markets, or rural local exchange carriers.  It also provides competitive retail and wholesale communications services and technology consulting, managed services and private/hybrid cloud hosting services through several subsidiaries. For more information, visit the Company’s website at www.Otelco.com

FORWARD LOOKING STATEMENTS
Statements in this press release that are not statements of historical or current fact constitute forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “plans,” or similar terms to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contact:
Curtis Garner
Chief Financial Officer
Otelco Inc.
205-625-3571
Curtis.Garner@Otelco.com

FAQ

When will Otelco release its Q2 2020 financial results?

Otelco will release its Q2 2020 financial results on August 4, 2020.

What time is the Otelco conference call for Q2 results?

The conference call will take place on August 5, 2020, at 11:30 a.m. ET.

How can I access the replay of Otelco's Q2 conference call?

The replay will be available from August 5, 2020, at 2:30 p.m. ET until August 14, 2020, by calling (719) 457-0820.

What services does Otelco provide?

Otelco provides wireline telecommunications services including local and long-distance telephone, digital high-speed data, and cable television.

How many customers does Otelco serve?

Otelco serves over 32,000 customers across several states.

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