MONTREAL – Prestige Telecom has bought Network Utility Services, an engineering firm based in St. John’s that provides engineering services to companies in the telecommunications services industry. Financial terms of the deal were not disclosed.
Network Utility services include outside plant engineering and design for both aerial and underground network infrastructure construction. Its team is comprised of professional engineers, engineering technicians, surveyors, CAD technicians, geographical information systems technicians and construction administration professionals who have extensive knowledge of the telecom industry and experience completing outside plant design projects in Eastern Canada.
"The acquisition of Network Utility is another step towards strengthening our capabilities in Eastern Canada," said Pierre Yves Methot, chairman and CEO of Prestige, in the announcement. "We are very pleased to have Jai Burton and his team join us at Prestige as we continue to build on our leadership position in providing outside plant engineering services to the telecommunications and cable TV industries."
