World VoIP NewsMerge and aquisition of Canadian VoIP and telecom companies
Merge and aquisition of Canadian VoIP and telecom companies
Enterprise Cogeco Cable Inc. being the second biggest cable operator in Canadian Provinces of Ontario, Quebec as well as in Portugal, in matters of the amount of Basic Cable service customers served by means of two-way broadband cable networks, announced the acquisition of MTO Telecom. MTO Telecom, the major private telecommunications operator in the Montreal Area and the Province of Quebec, will be incorporated into Cogeco Data Services, Cogeco Cable's business communications subsidiary.
MTO Telecom covers the island of Montreal by more than 1500 kilometres of optical cable, and delivers services for carriers, businesses and public sector. Company boasts to ensure high-performance Ethernet broadband connectivity services and to be one of the most completed and multifaceted performance in the Greater Montreal Area, MTO Telecom has created one of the most sophisticated IP networks in Canada. "MTO Telecom is a substantial industry player in the business communications market in Montreal and is well positioned to contribute massively to our company. Combined with the recent acquisition of Quiettouch Inc., this transaction provides CDS with a unique opportunity to expand its performance and offer its large business customers a broader network and range of services," said Louis Audet, President and CEO, Cogeco."The combination of Cogeco Data Services and MTO Telecom brings together network infrastructure that enables Cogeco Data Services to expand its reach particularly in Montreal, adding to its already extensive network covering Ontario and Quebec. Combined with the recently acquired Quiettouch, the acquisition of MTO will provide Cogeco Data's customers with access to an extended network and a broader range of services, such as high-bandwidth network infrastructure, managed connectivity and voice services, data centre facilities, colocation and managed IT services," said Tony Ciciretto, President, Cogeco Data Services. "As we integrate our teams, businesses and services together in the next months, customer service will, as always, remain our main priority." "Both Cogeco Cable and Cogeco Data Services have an excellent reputation in the telecommunications industry. This is a great opportunity for both our employees and customers and we look forward to working together," said Phillip Gale, President, MTO Telecom. Cable.
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