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Bullboard - Stock Discussion Forum Lite Access Technologies Inc V.LTE

Alternate Symbol(s):  LTCCF

Technology Communication Equipment
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... see more

TSXV:LTE - Post Discussion

Lite Access Technologies Inc > More business doesn't necessarily = better business...
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Post by throwaway11 on Nov 03, 2021 8:50pm

More business doesn't necessarily = better business...

Just trying to understand the angle of this company as an investment.
 
Assuming overhead costs of installation of fiber optics will be pretty static (since most of the costs will be labor), I'm guessing the company will be able to decrease expenses once they are able to get better deals on equipment and materials used, ideally lower insurance fees relative to business volume and so on... They will then be tasked with passing those savings on to cities to make themselves more attractive. How will they compete with other fiber optic companies?
 
I'm doing my DD but anyone who already knows this company well enough to give me a snapshot of things would be well appreciated.
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Lite Access Technologies Inc