Virtue wins $17 million pan-European webcasting deal with Interoute
News | 03/22/2001 5:00 am EST
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A European telecom operator is investing $17 million in a Canadian video streaming company that will result in millions of new users for its online services. Interoute Telecommunications, which is building Europe’s largest fibre data network, has signed the U.K. subsidiary of Toronto-based Virtue Broadcasting Inc as its exclusive partner for corporate Internet broadcasting work. Virtue executives expect to see the first contracts emerge from this pan-European deal by the next quarter. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here Unlock all the Canadian telecom, broadcasting and digital media news you need.Take a free trial or subscribe to The Wire Report now. FREE TRIALTwo weeks free access to thewirereport.ca and our exlusive newsletters. SUBSCRIBEUnlimited access to thewirereport.ca and our exlusive newsletters. Reuse & PermissionsUnauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact: Customer Care, 613-688-8821 | subscriptions@hilltimes.com |