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Announced

Completed

Xplornet Communications completed the acquisition of TowerCo's tower assets in Manitoba.

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.

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