Hickory Tech Corporation (HickoryTech) is an integrated communications provider. The Company operates in two segments: Business Sector and Telecom Sector. Its Business Sector serves customers across a five-state region with Internet protocol (IP)-based voice, transport, data and network solutions, managed services, network integration, equipment and support services. The Company’s Telecom Sector provides residential and business services, including Internet, broadband services, digital television and voice services in its telecom markets. Its Telecom is consists of two markets. The first market includes the operation of local telephone companies or incumbent local exchange carriers (ILEC). The second Telecom market is the operation of a competitive local exchange carrier (CLEC).