ITC^DeltaCom, Inc. (BULLETIN BOARD: ITCD.OB) today announced it expects its stock will begin trading on The NASDAQ SmallCap Market(SM) at the beginning of trading Tuesday, December 23, 2003, under the symbol .
"We are pleased to regain our NASDAQ listing," said Larry Williams, ITC^DeltaCom chairman and chief executive officer. "This is a significant milestone which we feel will enhance our visibility with the investment community as we continue to strengthen our competitive product suite, increase market share and create improved shareholder value."
The NASDAQ SmallCap listing is subject to compliance with NASDAQ's minimum bid price requirement and other NASDAQ marketplace rules.
ITC^DeltaCom, headquartered in West Point, Ga., provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and consumers in the southern United States. Following the October 2003 merger of two leading regional telecommunications providers, ITC^DeltaCom and BTI Telecom Corp. (BTI), ITC^DeltaCom has a fiber optic network spanning approximately 14,500 route miles and offers a full suite of voice, data and Internet services including local, long distance, data, broadband, colocation and Web hosting. The company operates approximately 30 voice switches and 70 data switches, and is one of the largest competitive telecommunications providers in its region (based on revenue). ITC^DeltaCom has interconnection agreements with BellSouth, Verizon, Southwestern Bell, CenturyTel and Sprint for resale and access to unbundled network elements and is a certified competitive local exchange carrier (CLEC) in Arkansas, Texas, Virginia and nine BellSouth states. For more information about ITC^DeltaCom, visit the Company's Web site at http://www.itcdeltacom.com/ .
INVESTOR CONTACT: MEDIA CONTACT: Douglas A. Shumate Mary Catherine R. Bassett Chief Financial Officer Weber Shandwick Worldwide for ITC^DeltaCom 706-385-8189 404-266-7568 firstname.lastname@example.org email@example.com
CONTACT: Douglas A. Shumate, Chief Financial Officer of ITC^DeltaCom, +1-706-385-8189, or firstname.lastname@example.org; or Mary Catherine R. Bassett of Weber Shandwick Worldwide for ITC^DeltaCom, +1-404-266-7568, or email@example.com
Web site: http://www.itcdeltacom.com/