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Yak sells telecom management services division

Briefs | 06/05/2007 2:29 pm EDT

Yak Communications Canada Inc. has sold its telecom management services unit Contour Telecom Inc. to Datex Billing Services Inc., a subsidiary of Montec Holdings Inc., a Montreal-based company focused on growing a diversified portfolio of technology companies. Datex will benefit from the acquisition by being able to diversify its billing and customer management services. The purchase adds the large enterprise segment to Datex's traditional carrier business. "We think that this new business unit dovetails into the Datex model of outsourced customer management and billing services, and we are delighted to bring to Datex a number of Fortune 1000 clients that can benefit from Datex's years of telecom experience," Datex president Jim Dawson said in a news release.

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