RAMTelecom signs LOI to sell satellite services company
Briefs | 12/18/2008 6:59 pm EST
RAMTelecom Inc., Ottawa, has entered into a Letter of Intent to sell its satellite services division, R.A. Misener Telecom Corp., Montreal-based OmniGlobe Networks Inc. for $2.65 million. The transaction is subject to several conditions, including due diligence, regulatory and shareholder approvals. The closing date is February 28.
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.
Two weeks free access to thewirereport.ca and our exlusive newsletters.
Unlimited access to thewirereport.ca and our exlusive newsletters.