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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 Duedilligence10on Mar 02, 2021 10:53am
170 Views
Post# 32694520

RE:14 mil finalization

RE:14 mil finalizationAnd increasing number of RFP's we expect to convert into contracts, we believe we are building a business that can scale and be sustainable and profitable to take advantage of the fibre build out and work-from-home movement.
This is where AMEC comes in, LTE will recieve additional and more lucrative contracts.  

Not sure how the $14.4 million contract will be paid to LTE.  But if it all comes in a lump sum then that will be a killer quarter for revenue and will likely result in decent earnings.
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