NL Short Takes

Bell Canada busy during month of August
Canada’s largest incumbent telephone company was busy this month, making an acquisition, inking an IT contract and introducing new VoIP services for small- and medium-sized businesses (SMBs). To beef up its TV distribution business and its ability to offer quadruple-play service bundles in Quebec, Bell Canada acquired Cable VDN for $26 million. The deal, announced on August 2, enhances the ILEC’s operations in Montreal and specifically allows the company to establish a foothold in the multiple dwelling unit (MDU) market in Montreal, Canada’s second-largest market. Cable VDN currently has 13,000 television and 3,000 high-speed Internet subscribers, approximately 40% penetration in its footprint. "Our ability to efficiently deliver a competitive quadruple play is a key differentiator. This acquisition provides Bell with substantial and immediate potential in Montreal, Canada’s second largest urban market," consumer group president Pierre Blouin said in a news release.

To keep reading, get a free trial.

Already a Subscriber?