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Globility deal expands Primus in Canada
08 August 2012
Primus to offer DSL and local calling after buying 100% of Canadian operator Globility
Canada’s Primus Telecommunications has bought the 54.4% stake in competitive operator Globility Communications that it did not already own.
Globility offers DSL, ethernet and local calling services and facilities in most major urban areas across the country.
Peter Aquino, president and CEO of Primus, said: “The recent changes to the legislation have made this acquisition possible, giving Globility much greater latitude to expand its telecom infrastructure across Canada, including the construction of high capacity, state of the art metro fibre.”
Andrew Day, Primus North America’s chief executive, said: “This will enable Primus Canada, through Globility, to grow its footprint for on-net local, DSL and ethernet services and to pursue expansion projects into the enterprise and government sectors that require low latency, high bandwidth routes on an all fibre network.”
Aquino added: “This will enable [Primus] with its Globility brand to launch its owned fibre transport initiative commencing construction of a central business district ring in Ottawa immediately.”
It has received the authorisation for the first fibre transport development in Ottawa and the project is likely to be completed by the end of the third quarter. GTB
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