TORONTO – In light of changes to Canada’s telecom foreign ownership rules, Primus Telecommunications Group Inc. (PTGi) has acquired the remaining 54.4% of Canadian competitive local exchange carrier Globility Communications Corporation that it didn’t already own.
Primus said that the move paves the way for the launch of new metro fibre initiative, which will debut in Ottawa later this year, offering medium-to-large-enterprise customers greater redundancy and faster connectivity options. Established in 1996, Globility provides DSL, Ethernet and local calling services and facilities in most major urban markets across Canada.
"The recent changes to the legislation have made this acquisition possible, giving Globility much greater latitude to expand its telecom infrastructure across Canada, including the construction of high capacity, state of the art metro fibre," said PTGi president and CEO Peter Aquino, in the announcement. "This will enable PTGi with its Globility brand to launch its owned fibre transport initiative commencing construction of a central business district ring in Ottawa immediately."
Headquartered in McLean, Virginia, PTGi owns and operates its own global network of next-generation IP soft switches, media gateways, hosted IP/SIP platforms, broadband infrastructure, fibre capacity, and data centers located in Canada. Primus Canada, a wholly-owned subsidiary of PTGi, offers home phone, Internet, long distance, VoIP, wireless, hosting, cloud and managed services, and enterprise IP telephony.
