Company:  OTELCO INC. (OTEL)
Form Type:  8-K
Filing Date:  5/3/2012 
CIK:  0001288359 
Address:  505 THIRD AVE E 
City, State, Zip:  ONEONTA, Alabama 35121 
Telephone:  205-625-3574 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$5.09  
Change: 
0.03 (0.59%)  
Trade Time: 
04:00 PM EST  
Market Cap: 
$14.61M
Description of Business
We were formed in Delaware in 1998 for the purpose of operating and acquiring rural local exchange carriers, which we refer to as RLECs. Since 1999, we have acquired eleven RLEC businesses, four of which serve contiguous territories in north central Alabama; three of which serve territories adjacent to either Portland or Bangor, Maine; and one each serving a portion of western Massachusetts, central Missouri, western Vermont and southern West Virginia. We provide a variety of unregulated services, including internet data lines and long distance services, through several subsidiaries in all these territories. In addition, we acquired three facilities based competitive local exchange carriers, which we refer to as CLECs, which offer services primarily to business or enterprise customers in Maine, New Hampshire, and Massachusetts and operate under the trade name OTT Communications.
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  FORM 8-K
    SECTION 2 FINANCIAL INFORMATION
      Item 2.02. Results of Operations and Financial Condition.
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      Item 9.01. Financial Statements and Exhibits.
    SIGNATURES
  EXHIBIT 99.1
    BALANCE SHEET
    INCOME STATEMENT
    CASH FLOW
BROKERAGE PARTNERS