Announced
Completed
Synopsis
Xplornet Communications, a rural-focused broadband provider, completed the acquisition of Metro Loop, a provider of fibre-to-the-premise services through its state-of-the-art fibre network. Financial terms were not disclosed. "With this acquisition, Xplornet is putting a strong focus on deploying fibre in rural Ontario. We are eager to combine Metro Loop's energy and entrepreneurial spirit with Xplornet's drive to accelerate fibre deployments across Canada," Bill Macdonald, Xplornet EVP of Business Development.
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