Xplornet to be sold to U.S. company for $2B: report
telecom | 02/25/2020 6:41 pm EST
Xplornet Communications Inc. will be bought for some $2 billion USD by a U.S.-based investment firm, according to a report from Bloomberg News.
Asked if the government was aware of the reports of the transaction, a spokesperson for Innovation Minister Navdeep Bains wrote in an emailed statement: “our government is committed to ensuring Canadians pay fair prices for mobile and wireless services, regardless of their postal code.
We monitor transactions in Canada from a competition and regulatory perspective and conduct reviews as appropriate.”
There are indications the government
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