Announced
Completed
Financials
Sources
Tags
Single Bidder
Telecommunications Equipment
Domestic
tower assets
Majority
Friendly
Canada
Private
Acquisition
Completed
Synopsis
Xplornet Communications, a rural-focused broadband service provider, completed the acquisition of tower assets in Manitoba from TowerCo, which owns, builds and manages a portfolio of cellular towers and properties for colocation. Financial terms were not disclosed. "This is a good site acquisition opportunity for Xplornet as we are finalizing agreements with the Province of Manitoba to deliver fast and reliable Internet and cellular services to rural Manitoban homes and businesses. This is another exciting step to expand Xplornet's network infrastructure and presence in rural Manitoba," Allison Lenehan, Xplornet President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.