HickoryTech Wins Minnesota Schools Contract
February 23, 2010 (FinancialWire) — HickoryTech Corp. (NASDAQ: HTCO) has been awarded a three-year contract to provide Internet, data, VoIP and video conferencing services to 69 schools and libraries within a distance-learning network spanning across a 12-county region in south central Minnesota.
The company will work under a program called SOCRATES, or South Central Regional Area Telecommunications Systems, which provides learning institutions in south central Minnesota with data and video connectivity.
HickoryTech said the contract, which is effective July 1, 2010, totals more than $4 million over three years.
Under the award, HickoryTech will install, support and manage the telecommunications infrastructure to the schools and libraries in the SOCRATES network with members across south central Minnesota.
Minnesota-based HickoryTech operates a regional fiber network with facilities-based operations in Minnesota and Iowa.
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