Exhibit 99.1

Fourth Quarter 2009
Earnings Conference Call

March 2, 2010

NASDAQ:HTCO

“Safe Harbor” Statement

Information set forth in this presentation contains financial estimates
and other forward-looking statements that are subject to risks and
uncertainties; therefore, actual results might differ materially from such
statements, whether as a result of new information, future events or
otherwise. You are cautioned not to place undue reliance on these
forward-looking statements.A discussion of factors that may effect
future results is contained in HickoryTech’s filings with the Securities
and Exchange Commission.HickoryTech disclaims any obligation to
update and revise statements contained in this presentation based on
new information or otherwise. This presentation also contains certain
non-GAAP financial measures.Reconciliations of these non-GAAP
measures to the most directly comparable GAAP measures are
available in our presentation.

4Q’ 09 Highlights

•Enventis Sector fiber and data revenue grew 46%

•Telecom Sector broadband revenue grew 10%

•Equipment revenue +2%, yet still impacted by economic pressures

•Debt reduced $4.4 million, year-end debt balance of $120.5 M

•Aggressive cost controls in both sectors

•Strategic investments in fiber network upgrades and expansion,
SMB market plan acceleration

•Strong cash position

Solid balance sheet, strategic investments in growth opportunities.

Consolidated Revenue

Quarterly

•Fiber and data revenue +46%

•Broadband revenue +10%

Annual

•Overall economic pressures,
specifically in equipment and
services revenue (-33%)

•Fiber and data revenue +30%

•Broadband revenue +10%

Annual Revenue

*Equipment

$156.6

$153.2

$139.1

comparative

(Dollars in Millions)

Consolidated Revenue

Enventis SectorEquipment (-$15.7 M)
Equip. Services ($-2.8 M)

Fiber and Data (+$7.2 M)

Telecom Sector

Local Service, Network

Access (-$2.7 M)

Broadband (+$1.1 M)

Long distance/other (-$1.2M)

(Dollars in Millions)

Earnings and Income

Diluted EPS

•EPS in 2009 up 41% due to
income tax reversal in Q3’09

1       Excluding the tax reversal, EPS in ‘09
would have been $0.52, down15%

Income before Taxes (continuing
operations)

•Aggressive cost controls and
success in broadband, fiber and
data services offset some of the
declines

•Long-term growth initiatives added
staffing costs and depreciation of
CAPEX in the near-term

Income before Taxes

(Dollars in Millions)

1

Enventis Sector

4Q’09 Highlights

•Fiber and data revenues +46%

•Equipment and services
revenue impacted by economy

Fiber and Data

•Includes CP Telecom in Q3
‘09, excluding CPT, Fiber and
Data would have increased
14% in ‘09

•Strong mid-band Ethernet and
FTTT growth opportunities

•Continued growth from service
providers (wireless, regional
and national carriers)

Quarterly Revenue

comparative

comparative

(Dollars in Millions)

Telecom Sector

4Q’09 Highlights

•Broadband revenue +10%

•DSL subscribers +3%

•Digital TV subscribers +15%

•Network Access revenue -5%

•Local Service revenue -6%

Telecom Operating Income

•Cost controls and success in
broadband services have moderated
the decline in Telecom profitability

1       2007 included a settlement from
interexchange carrier of $1.9 M,
excluding this, operating income
would have been $15.9 M

comparative

1

(Dollars in Millions)

Debt Balance

(Dollars in Millions)

2009 Accomplishments

Enventis

•Fiber and data
revenue up +30%

•Added network
colocations

•Expanded Mid-
band Ethernet
services

Telecom

•Broadband
revenue up 10%

•Expanded Digital
TV service area

•Cost controls
drove 4% increase
in operating
income, despite
declining
voice/network
access revenues

Overall

•Completed CP
Telecom
acquisition

•Focused capital
spending on
strategic growth
opportunities

•Reduced debt $6.5 M

2010 Strategic Initiatives

•Increased investment and focus on growing business services

ØFiber network expansion

ØTarget FTTT and data contracts

Ø Accelerate SMB market plan

ØExpand Mid-band Ethernet and data center services

•Grow broadband services and focus on customer retention

•Increase capital spending on key strategic initiatives

•Manage free cash flow, manage costs and potentially increase debt
in short term

•Long-term goal to double the value of HickoryTech over next five
years

Fiber Network Expansion

2009 Network Expansion

•Added network colocations to reach more
customers, cost advantages

•10G upgrade of Twin Cities metro network

•Extended network to select wireless towers

2010 Network Plans

•Expansion of network to Des Moines, Iowa
and other key markets

•Add lit buildings, expand Mid-band Ethernet
services and extend network for FTTT
contracts.

2010 Fiscal Outlook

Targets ranges as follows:

•Revenue:$150 million to $158 million

•Net Income:$8.2 million to $9.1 million

•Capital spending:$22 million to $26 million

•EBITDA: $40.5 million to $43 million

•Debt balance (year-end):$117 million to $119 million.

Outlook provided in fourth quarter earnings release on March 1, 2010.

HTCO Strengths

•Strong cash flows

•High level of recurring revenue, consistent operating income

•Focused capital spending on strategic growth initiatives

•Long-standing dividend return

•Committed to strategic growth plan

•110+ year Company with strong financial track record

Reconciliation of Non-GAAP Measures