Globalive unloads Yak Communications, OneConnect Services, Canopco

TORONTO – Globalive Capital has sold off Yak Communications, OneConnect Services, and its hospitality communications provider Canopco in two separate transactions, as it eyes new ventures and plans for expansion.Long-distance provider Yak Communications has been scooped up by independent telecom Distributel Communications, while OneConnect Services and Canopco were acquired by Accelerated Connections Inc. (ACI), a provider of private IP connectivity and public internet services to businesses in Canada. Financial terms of the deals were not disclosed."Yak Communications, OneConnect Services and Canopco have been an important part of Globalive Capital's portfolio and brands that are an integral part of our company's...