M&A Deal Summary |
|
|---|---|
| Date | 2023-10-06 |
| Target | Manti Telephone |
| Sector | Communications |
| Buyer(s) | LICT |
| Deal Type | Add-on Acquisition |
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LICT Corp. is an integrated provider of broadband and voice services. On the voice side, LICT Corp. has traditionally operated as both a Rural Local Exchange Carrier (“RLEC”, an incumbent local telephone company serving a rural area) and a Competitive Local Exchange Carrier (“CLEC”, a local telecommunications provider which competes with the incumbent telephone company). LICT Corp. provides high-speed broadband services, including internet access, through copper-based digital subscriber lines (“DSL”), fiber optic facilities, fixed wireless, and cable modems.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Communications M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Utah M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
CIBL
Reno, Nevada, United States CIBL is a holding company that is actively seeking acquisitions within its existing business areas. |
Buy | - |
