Cable & Telecom

Beanfield Metroconnect acquires ISP FibreStream

TORONTO — Beanfield Metroconnect, which owns and operates the largest independent fibre-optic network in Toronto and Montreal, announced today it has acquired FibreStream, an Internet service provider operating in the Greater Toronto Area, Ottawa and Vancouver. The acquisition is part of Beanfield’s ongoing commitment to expand its residential network into more communities, says a company press release. Financial details of the acquisition were not disclosed. “We’re thrilled to bring on FibreStream as we work towards our common goal of providing communities with strong and reliable connectivity,” said Dan Armstrong, CEO and CTO of Beanfield Metroconnect, in the press release. “We...