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Lite Access Technologies Inc V.LTE

Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.


TSXV:LTE - Post by User

Comment by Accountant777on Sep 30, 2020 2:41pm
94 Views
Post# 31643022

RE:RE:We need some news !

RE:RE:We need some news ! So much good news coming buddy. Just be patient. Here's what I'm looking forward to:

1) New city contract for 110K homes which I'm guessing is worth $70-80 Million. CityFibre hasn't given the final word so no press release yet. But they requested the deployment plan so the press release probably coming within next two months. This will more than double the backlog of work.

2) Acquistion of Canadian company. Suppose to double the Canadian operation's revenues. We were suppose to get this news by the end of September but looking like October. I'm guessing the acquistion would produce about $2-4 million of additional revenue per year.

3) Acquistion of US company in California. Should start work in the US within the next 6 months. No idea on the size of the company or potential revenue but definitely exciting to see them open up operations in the US.

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