| Business Summary | | Hickory
Tech
Corporation
(HickoryTech)
is
a
diversified
communications
company
whose
core
business
is
the
operation
of
four
incumbent
local
exchange
carriers
(ILECs).
This
business
consists
of
connecting
customers
to
the
telephone
network,
providing
switched
service
and
dedicated
private
lines,
connecting
customers
to
long
distance
service
providers
and
providing
many
other
services
commonly
associated
with
ILECs.
In
1998,
HickoryTech
undertook
business
startup
initiatives
in
long
distance,
Internet
access
and
competitive
local
exchange
carrier
(CLEC)
businesses.
HickoryTech
also
provides
wireless
telecommunications
services
to
customers
in
and
in
the
area
surrounding
its
ILEC
service
territory
in
Minnesota,
and
in
an
area
surrounding
Minneapolis/St.
Paul.
In
addition,
Hickory
Tech
provides
data
processing
services
to
the
telecommunications
industry
and
installs
and
maintains
telephone
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HTCO
is
a
diversified
communications
company
operating
in
five
business
segments:
local
telephone,
communications
services,
wireless
communications,
billing/data
services,
and
communications
products.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$54.2
million.
Net
income
before
accounting
change
fell
9%
to
$4
million.
Revenues
reflect
an
increased
customer
base.
Earnings
were
offset
due
to
increased
interest
expense
for
capital
expenditures. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Alton, Jr., 51 Chairman,
Pres, CEO | $550K | John Finke, 37 VP
and Pres of the Company's Telephone Sector | -- | David Christensen, 47 VP,
CFO, Treasurer, Sec. | 236K | Mary Jacobs, 42 VP,
Director of HR | -- | Jon Anderson, 47 VP | 188K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|