Thursday, 29 June 2017

Videotron turns to M&A to meet growing business demand

By Mary Lennighan, Total Telecom
Friday 08 January 16

Canadian cableco snaps up fibre network operator Fibrenoire to strengthen its position in business services market.

Videotron on Thursday announced that it has acquired Fibrenoire for C$125 million (€82 million) in a move designed to help it meet the growing demand for fibre connectivity from business customers in eastern Canada. Quebec-based cable operator Videotron said it has acquired all the shares held by Fibrenoire's founding shareholders and its majority owner…

Videotron on Thursday announced that it has acquired Fibrenoire for C$125 million (€82 million) in a move designed to help it meet the growing demand for fibre connectivity from business customers in eastern Canada. Quebec-based cable operator Videotron said it has acquired all the shares held by Fibrenoire's founding shareholders and its majority owner…

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