LICT’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

LICT is a telecommunication company that provides broadband and voice services to residential, commercial and government sectors. Read more

CEO Avatar

Chairman & CEO

Mario Gabelli

CEO Approval Rating

70/100

Founded:

1999

Status:

PublicOtherLICT

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Quick-Tel Communications is perceived as one of LICT's biggest rivals. Quick-Tel Communications is headquartered in Brooklyn, New York, and was founded in 1999. Quick-Tel Communications operates in the Telecommunication Services industry. Quick-Tel Communications generates 5.44% the revenue of LICT.

One Ring Networks is one of LICT's top competitors. One Ring Networks is a Private company that was founded in 2010 in Atlanta, Georgia. One Ring Networks competes in the Telecommunications Equipment field. Compared to LICT, One Ring Networks has 48 more employees.

DSL Extreme has been one of LICT's top competitors. DSL Extreme was founded in 1999 in Northridge, California. DSL Extreme competes in the IT Services industry. DSL Extreme generates $116.5M less revenue than LICT.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$118.4M

LICT's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 32.8M. Over the last two quarters, LICT's revenue has grown by 5.4%. Specifically, in Q4 2019's revenue was $30M; in Q3 2019, it was $28.5M.

Acquisitions

No recent acquisitions found related to LICT

LICT Funding History

$50M

Since LICT was founded in 1999, it has participated in 1 round of funding. In total LICT has raised $50.0M. LICT's funding round was on Mar 2020 for a total of $50.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Mar 2020
$50M

CoBank

Total Funding: $50M

Since LICT was founded in 1999, it has participated in 1 round of funding. In total LICT has raised $50.0M. LICT's funding round was on Mar 2020 for a total of $50.0M

Investments

No recent investments found related to LICT

LICT News

September 3, 2020Silicon Valley Daily

LICT Corporation Announces Organizational Change

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink®: LICT) is privileged... See more »
August 6, 2020Seeking Alpha

LICT reports Q2 results

May 22, 2020Silicon Valley Daily

LICT Corporation Reports First Quarter Results

Revenues increased to $30.0 million from $28.2 million EBITDA grew to $14.3 million from $13.3 millio... See more »
April 27, 2020MarketScreener

Salvatore M. Salibello Is Appointed to LICT Board of Directors and Will Serve as Chairman of the Audit Committee

(marketscreener.com) Salvatore M. Salibello has been appointed to the LICT Corporation Board of Direc... See more »
April 14, 2020Silicon Valley Daily

LICT Corporation Board of Directors Has Approved Charitable Giving to Help Our Communities Cope With Health and Economic Issues Related to COVID-19

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of LICT Corporation ("LICT" OTC Pink ®: LICT) appr... See more »
March 19, 2020Silicon Valley Daily

LICT Corporation Closes on a New $50 Million Revolving Credit Facility Provided by CoBank

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink ®: LICT) has borrowed... See more »

LICT Press Releases

July 1, 2019Business Wire

CIBL, Inc. Announces Intent to Merge with LICT Corporation's Operations in New Hampshire

RENO, Nev. & RYE, N.Y.--(BUSINESS WIRE)--CIBL, Inc. ("CIBL"; OTC Pink®: CIBY) and LICT Corporation ("... See more »
April 18, 2019Business Wire

LICT Corporation Reports First Quarter Results

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink®: LICT) reports finan... See more »
January 4, 2019StreetInsider

LICT Corporation Continues Shareholder Designated Charitable Contribution Program

RYE, N.Y.--(BUSINESS WIRE)-- As previously announced, LICT Corporation (OTC Pink: LICT) is continuing... See more »
October 18, 2018Business Wire

LICT Corporation Reports Third Quarter 2018 Results

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink®:LICT) reports financ... See more »
June 26, 2018Business Wire

LICT Corporation CEO Search

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation (OTC Pink:LICT) The Board of Directors of LICT Corporati... See more »
April 19, 2018Business Wire

LICT Corporation Reports First Quarter 2018 Results

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink®: LICT) reports finan... See more »
January 25, 2018Business Wire

LICT Corporation Reports Preliminary Fourth Quarter 2017 Results

RYE, N.Y.--(BUSINESS WIRE)--LICT Corporation ("LICT" or the "Company"; OTC Pink®: LICT) reports preli... See more »

Headquarters

401 Theodore Fremd Avenue

Rye, New York10580

914-921-8821

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Summary

ABOUT

Overview

LICT is a telecommunication company that provides broadband and voice services to residential, commercial and government sectors. LICT was founded in 1999. LICT's headquarters is located in Rye, New York, USA 10580. It has raised 50.0M in 1 round. The...

CEO

LICT's Chairman & CEO, Mario Gabelli, currently has an approval rating of 70%. LICT's primary competitors are Quick-Tel Communications, One Ring Networks & DSL Extreme.

Website

lictcorp.com

Frequently Asked Questions about LICT

  1. When was LICT founded?

    LICT was founded in 1999
  2. Who is LICT's CEO?

    LICT's CEO is Mario Gabelli
  3. How much revenue does LICT generate?

    LICT generates $118.4M in revenue
  4. How much funding does LICT have?

    LICT has historically raised $50M in funding
  1. Where is LICT's headquarters?

    LICT's headquarters is in Rye New York, USA
  2. How many employees does LICT have?

    LICT has 7 employees
  3. Who are LICT's competitors?

    LICT's top competitors are Quick-Tel Communications, One Ring Networks, DSL Extreme