Axia zeroes in on North America, France

By Lesley Hunter

CALGARY - Axia NetMedia Corporation has sold its assets in Singapore and Spain for gross proceeds of $39 million, has secured a three year extension on its contract with the Government of Alberta, and repositioned its business into a lasting framework, the company announced Monday.In an update to its strategic growth plan, Axia, which owns, operates and sells services over fibre optic communications infrastructure in Alberta, France and Massachusetts, added that these initiatives allowed it to sharpen its focus on “attractive opportunities” in North America and France as detailed below:AlbertaIn Alberta, Axia brings innovation and competition to the market. Recently...