Company:  OTELCO INC. (OTEL)
Form Type:  10-Q
Filing Date:  8/13/2019 
CIK:  0001288359 
Address:  505 THIRD AVE E 
City, State, Zip:  ONEONTA, Alabama 35121 
Telephone:  205-625-3574 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$11.79  
Change: 
0.02 (0.17%)  
Trade Time: 
03:59 PM EST  
Market Cap: 
$40.21M
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Description of Business
We were formed as a Delaware limited liability company in 1998 for the purpose of operating and acquiring rural local exchange carriers, which we refer to as RLECs. Since 1999, we have acquired eleven RLEC businesses, four of which serve contiguous territories in north central Alabama; three of which serve territories adjacent to either Portland or Bangor, Maine; and one each serving a portion of western Massachusetts, central Missouri, western Vermont and southern West Virginia. In addition to traditional telephone services, we provide a variety of unregulated telecommunications services in all of our RLEC territories, including internet data lines and long distance services. We have also acquired three facilities-based competitive local exchange carriers, which we refer to as CLECs, which offer services primarily to business and enterprise customers in Maine, New Hampshire, and Massachusetts and have historically operated under the trade name OTT Communications.
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  FORM 10-Q
    PART I FINANCIAL INFORMATION
      Item 1. Financial Statements
        BALANCE SHEET
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        CASH FLOW
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
      Item 2. Management's Discussion and Analysis of Financial ...
      Item 3. Quantitative and Qualitative Disclosures about ...
      Item 4. Controls and Procedures
    PART II OTHER INFORMATION
      Item 6. Exhibits
    EXHIBIT INDEX
    SIGNATURES
  EXHIBIT 31.1
    CERTIFICATION BY CHIEF EXECUTIVE OFFICER
  EXHIBIT 31.2
    CERTIFICATION BY CHIEF FINANCIAL OFFICER
  EXHIBIT 32.1
    CERTIFICATION PURSUANT TO
  EXHIBIT 32.2
    CERTIFICATION PURSUANT TO