LICT Corporation (LICT)
LICT Corporation operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Rye, NY, US. The stock last traded at $11000.00, down 4.35% on the session, giving a market capitalisation of $211.1M. On trailing twelve-month figures it carries a trailing P/E of 17.54, a net margin of 6.9%. Its beta of 0.04 implies it has historically moved less than the broad market.
LICT Corporation, along with its associated businesses, delivers essential communication services, including high-speed internet, telephone, and television, to residential customers, businesses, and government entities. Its comprehensive service portfolio includes diverse broadband internet options, utilizing technologies such as digital subscriber lines over copper infrastructure, advanced fiber optics, fixed wireless solutions, and cable modems. For video entertainment, the company offers both traditional cable television and modern Internet Protocol Television (IPTV). Additionally, it provides voice over internet protocol (VoIP) services, wireless voice communication services, and a variety of other telecommunications-related offerings. The company's operations are spread across multiple states, specifically California, Iowa, Kansas, Michigan, New Mexico, Utah, and Wisconsin. As of December 31, 2021, LICT Corporation reported managing 30,687 active voice lines and a substantial network infrastructure that included 5,832 miles of fiber optic cable, 11,522 miles of copper cable, and 816 miles of coaxial cable. Originally established in 1996 as Lynch Interactive Corporation, the company officially rebranded to LICT Corporation in March 2007. Its corporate headquarters are situated in Rye, New York.
LICT Corporation is most often compared with the following Communication Services names: