Fairview-based CentraCom, a fully owned subsidiary of Rye, New York-based LICT Corp., has agreed to acquire Manti Telephone Co. (MTC) and its sister companies, Manti Tele Communications Co. and AFConnect. The transaction is scheduled to close on Oct. 31. MTC will close pending regulatory approval.
CentraCom provides broadband data, video and voice communications to over 60 cities throughout rural Utah. The company recently celebrated 120 years in business.
Manti Telephone Co. has provided communication services in Manti and Sterling for over a century and expanded into Ephraim in the 1990s. In 2022, MTC further expanded its reach by acquiring AFConnect, a fiber-to-the-home Internet service provider in American Fork.
LICT said the acquisition is part of its strategic initiative and reinforces its commitment to deliver high-quality communication services to it service areas. The company said it is actively seeking partnerships with other companies in and outside its current service areas.