Alcatel buys N.B.-based iMagic
News | 02/20/2003 5:00 am EST
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French telecom giant Alcatel says its recent proposal to acquire iMagicTV should help the St. John NB-based company pursue global sales when integrated into Alcatel’s broader entertainment solutions portfolio (CNM, Feb. 7/03). While skeptics may wonder if the take-over was motivated solely by the uncertain financial outlook for iMagicTV, Peter Merriman, Alcatel’s director of broadband entertainment business, says the deal was struck as part of a larger strategy. 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 |