Broadband expansion
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LICT Corporation Announces Strong Q2 2025 Results
LICT Corporation reported its Q2 2025 financial results, with revenue increasing 2% to $34.4 million. Non-regulated revenue grew by 2% to $19.2 million, representing 56% of total revenue. Broadband and voice lines increased due to the acquisition of Manti Telephone Company. EBITDA for the quarter was $13.5 million, a decrease of 4.9% year-over-year. Joe Cecin was appointed as Chief Operating Officer. The company also announced the continuation of its Shareholder Designated Charitable Contribution Program, pending board approval.