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Bullboard - Stock Discussion Forum 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... see more

TSXV:LTE - Post Discussion

Lite Access Technologies Inc > Cityfiber is Starting to give out the Contracts !
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Post by joey71440 on Oct 21, 2020 3:13pm

Cityfiber is Starting to give out the Contracts !

https://www.insidermedia.com/news/midlands/cityfibre-outlines-117m-notts-plans
Comment by wallpaper2 on Oct 22, 2020 2:31pm
City fibre must still be pissed off at us for being behind schedule in all 3 cities even though it isn't all our fault. They brought in that corrupt strong arm company to try and muscle the contractors. Who knows when they will allow lte to announce new work?
Comment by mirdad22 on Oct 22, 2020 3:42pm
I wonder how much CF is paying Betchtel?  Lite is struggling to eke out a profit while CF throws money away to Betchtel.  That tells me CF is desperate to get these cities up and running.  Also, tells me that Lite should ask for more money especially since they've had to take over other shoddy work from other contractors with very little time to efficiently do the extra work ...more  
Comment by 31Floors on Oct 25, 2020 2:14pm
"They brought in that corrupt strong arm company to try and muscle the contractors" I'm not making any excuses for Bechtel.  When you are the US' LARGEST construction co and been around for 120 years and have worked on 25,000 projects in 160 countries, you are gonna have a few scandals.  It's inevitable, ok not inevitable but it's likely to happen because no ...more  
Comment by 31Floors on Oct 25, 2020 5:22pm
I didn't see any conspiracy to strong arm contractors in this NR but they're not going to put it in writing. Silly me. https://www.bechtel.com/newsroom/releases/2020/09/bechtel-cityfibre-uk/ https://www.bechtel.com/about-us/  
Comment by wallpaper2 on Oct 26, 2020 11:02am
The background to support my post comes from the recent audio AGM which I'm sure you listened to as well. Anybody could sign on and listen to Carlos explain the problems he was encountering in the UK. The tone of the presentation was a downer and depressing. You have asked me to elaborate so I will give you my notes from LTEs teleconference agm. I didn't record it word for word but this ...more  
Comment by Ventor12 on Oct 26, 2020 1:24pm
Where can i find the proxy statements? thx
Comment by wallpaper2 on Oct 26, 2020 1:54pm
SEDAR filings or SEDAR.com. Company profiles, under the letter L. Takes a little work but it is all there.
Comment by JonnyLong on Oct 26, 2020 6:02pm
I find sedar hard to search and navigate, if you're like me then you can use this link for lte docs, stockhouse makes it a bit easier to grab the sedar filings:  https://stockhouse.com/companies/filings?symbol=v.lte I was also on the call btw and I came away feeling pretty bullish... mgmt seems pretty level headed and focussed. I asked the question about how much of the john henry ...more  
Comment by Accountant777 on Oct 26, 2020 4:46pm
Hey @wallpaper2, did you really feel it was all doom and gloom at the AGM?  I didn't get that feeling at all from the meeting. And I was the one who asked about those customer complaints reported in the news lol. I felt pretty bullish after the call. I took notes and my big take always were: 1) Revenue increases to $11M next quarter and $15M the quarter after that  2 ...more