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Globalive sells three small telecom companies

telecom | 09/07/2016 7:53 pm EDT

Investment company Globalive Capital has sold small telecom Yak Communications to Distributel Communications Ltd., Globalive said in a press release Wednesday. In separate deals, it also sold business telecom services provider OneConnect and hospitality industry-focused division Canopco to enterprise-focused ISP Accelerated Connections Inc., it said. "Yak Communications, OneConnect Services and Canopco are positioned well for future growth and we believe that under new ownership, all three brands will continue to provide the same high standard of service and innovation to...