Cable / Telecom News

Amtelecom buys Gore Bay

AYLMER - Amtelecom said Wednesday that it will purchase Gore Bay Cable TV on Manitoulin Island. Gore Bay Cable TV serves approximately 250 cable television customers in the Town of Gore. It also provides a high speed Internet service over its cable television network. The transaction will close January 1, 2007. Terms were not disclosed. Amtelecom is already the ILEC on the island. "Amtelecom is dedicated to serving Manitoulin Island residents and Gore Bay Cable TV is an excellent strategic fit," said Amtelecom CEO Michael Andrews. "This acquisition expands our footprint and will be the catalyst for the eventual deployment...