Cable / Telecom News

BREAKING NEWS: Persona buys Delta

DELTA, B.C. – One of the original British Columbia cable systems, Delta Cable, is changing hands. Persona Communications agreed to purchase the 38,500-customer cable company based in Delta, B.C. (including its Coast Cable operation) late Wednesday. President and CEO of Delta, John Thomas, the son of late company founder Stan Thomas, is said to be retiring. Financial terms were not released and the deal is pending CRTC approval. Stan Thomas, one of the industry's true pioneers, founded the cable company in 1954 and was one of the creators of the Canadian Cable Television Association, which first met in 1957. The...