Otelco to Release 2010 Second Quarter Results

ONEONTA, AL, July 7 /CNW/ - Otelco Inc. (NASDAQ: OTT; TSX: OTT.un), a wireline telecommunication services provider in the Alabama, Maine, Massachusetts, Missouri, New Hampshire and West Virginia communities it serves, today announced that it will release its 2010 second quarter financial and operational results after the close of trading on Tuesday, August 3, 2010. The Company will hold a conference call to discuss second quarter results on Wednesday, August 4, 2010 at 11:00 a.m. (Eastern Time). To listen to the call, participants should dial (913) 312-9313 approximately 10 minutes prior to the start of the call. A telephonic replay will be available from 2:00 p.m. (Eastern Time) August 4, 2010 through August 12, 2010 by dialing (719) 457-0820 and entering Confirmation Code 7492247.

The live broadcast of Otelco's quarterly conference call will be available online at www.OtelcoInc.com or www.earnings.com on August 4, 2010, 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 telecommunications services in Alabama, Maine, Massachusetts, Missouri, New Hampshire and West Virginia. The Company's services include local and long distance telephone, network access, transport, digital high-speed data and dial-up Internet access, cable television and other telephone related services. With more than 100,000 voice and data access lines which are collectively referred to as access line equivalents, Otelco is among the top 25 largest local exchange carriers in the United States based on number of access lines. Otelco operates ten incumbent telephone companies serving rural markets, or rural local exchange carriers. It also provides competitive retail and wholesale telecommunications services through several subsidiaries. For more information, visit the Company's web site at www.OtelcoInc.com.

SOURCE Otelco Inc.

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

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