Bell Canada has agreed on the takeover of alternative telco Distributel, a merger which the latter says will support its growth strategy in the residential and business segments for internet services. Bell said in a press release that, via new investment, Distributel – which owns brands including Primus – will benefit from expanded resources and access to technology required to support the next stage in its business growth and to continue to enhance existing services for consumer and SME customers.
Distributel will 'continue to operate independently' post-merger, the release added. Financial details were not disclosed while the transaction is subject to regulatory approvals.
100% Canadian-owned Distributel offers high-speed internet, TV, mobile and home phone services through its consumer brands alongside business solutions via the Primus and ThinkTel brands as a provider of advanced voice and data offerings for the SME and Enterprise markets throughout Canada.
Thanks to TeleGeography for this industry update.