LICT unit Cal-Ore signs additional California fiber build work orders worth $60 million in revenue

LICT subsidiary Cal-Ore signed additional work orders for a large California fiber build, adding three projects expected to start in 2027.

The projects are forecast to generate about $60 million in total revenue and about $20 million in total EBITDA during 2027-2028, tied to milestone completion.

The work also includes a 20-year fiber lease with recurring maintenance revenue, providing access to markets beyond Cal-Ore’s current territory.