**CERTIFICATION        BY CHIEF FINANCIAL OFFICER**

| 1.     | I                    have reviewed this quarterly report on Form 10-Q of Otelco                    Inc.;                                                                                                                                                                                                                                                                                                                                                                              |
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| 2.     | Based                    on my knowledge, this report does not contain any untrue statement                    of a                    material fact or omit to state a material fact necessary to make                    the                    statements made, in light of the circumstances under which such                    statements                    were made, not misleading with respect to the period covered                    by this                    report; |
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| 3.     | Based                    on my knowledge, the financial statements, and other financial                    information                    included in this report, fairly present in all material respects                    the                    financial condition, results of operations and cash flows of                    the                    registrant as of, and for, the periods presented in this                    report;                                       |
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| 4.     | The                    registrant’s other certifying officer and I are responsible for                    establishing and maintaining disclosure controls and procedures                    (as                    defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the                    registrant                    and have:                                                                                                                                   |

|   | a.     | designed                      such disclosure controls and procedures, or caused such disclosure                      controls and procedures to be designed under our supervision,                      to ensure                      that material information relating to the registrant, including                      its                      consolidated subsidiaries, is made known to us by others within                      those                      entities, particularly during the period in which this report                      is being                      prepared; |
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|   | b.     | evaluated                      the effectiveness of the registrant’s disclosure controls and procedures                      and presented in this report our conclusions about the effectiveness                      of                      the disclosure controls and procedures, as of the end of the                      period                      covered by this report based on such evaluation; and                                                                                                                                                                          |
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|   | c.     | disclosed                      in this report any change in the registrant’s internal control over                      financial reporting that occurred during the registrant’s most recent                      fiscal quarter that has materially affected, or is reasonably                      likely to                      materially affect, the registrant’s internal control over financial                      reporting; and                                                                                                                                   |

| 5. | The                        registrant’s other certifying officer(s) and I have disclosed, based                        on                        our most recent evaluation of internal control over financial                        reporting,                        to the registrant’s auditors and the audit committee of the registrant’s                        board of directors (or persons performing the equivalent                        functions): |
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|   | a.     | all                        significant deficiencies and material weaknesses in the design                        or                        operation of internal control over financial reporting which                        are                        reasonably likely to adversely affect the registrant’s ability to record,                        process, summarize and report financial information;                        and |
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|   | b.     | any                        fraud, whether or not material, that involves management                        or other                        employees who have a significant role in the registrant’s internal control                        over financial                        reporting.                                                                                                                                              |

| Date:                  November 10, 2005                                  |
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| /s/ Curtis L. Garner, Jr.                                                           |   |   |   |
| Curtis                      L. Garner, Jr.*Chief                      Financial Officer* |   |   |  |

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