Otelco to Release 2007 Fourth Quarter and Year-End Results

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Tue Jan 22, 2008 10:30am EST

ONEONTA, Ala.--(Business Wire)--Otelco Inc. (AMEX:OTT)(TSX:OTT.un), the sole wireline telephone
services provider in the Alabama, Maine and Missouri rural communities
it serves, today announced that it will release its 2007 fourth
quarter and year-end financial results after the close of trading on
Thursday, February 14, 2008. The Company will hold a conference call
to discuss fourth quarter and annual results on Friday, February 15,
2008 at 11:00 a.m. (Eastern Time). To listen to the call, participants
should dial (913) 312-0939 approximately 10 minutes prior to the start
of the call. A telephonic replay will be available from 2:00 p.m.
(Eastern Time) February 15, 2008 through February 23, 2008 by dialing
(719) 457-0820 and entering Confirmation Code 2314672.

   The live broadcast of Otelco's quarterly conference call will be
available online at www.OtelcoInc.com or www.earnings.com on February
15, 2008, beginning at 11:00 a.m. (Eastern Time). The online replay
will be available at approximately 2:00 p.m. (Eastern Time) and
continue for 30 days.

   ABOUT OTELCO

   Otelco Inc., headquartered in Oneonta, Alabama, provides wireline
telephone services in Alabama, Maine and Missouri. The Company's
services include local and long distance telephone, network access,
transport, digital high-speed and dial-up Internet access, cable
television and other telephone related services. With more than 67,500
access lines, cable modems and digital subscriber lines, which are
collectively referred to as total access line equivalents, Otelco is
among the top 40 largest local exchange carriers in the United States
based on number of access lines. Otelco operates six incumbent
telephone companies serving rural markets, or rural local exchange
carriers, each of which can trace its history as a local
telecommunications provider as far back as the early 1900s. It also
provides competitive telephone services through several subsidiaries.
For more information, visit the Company's web site at
www.OtelcoInc.com.

Otelco Inc.
Curtis Garner, Chief Financial Officer, 205-625-3571
Curtis@otelcotel.com

Copyright Business Wire 2008
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