MONTREAL – Cogeco Cable has bought MTO Telecom, the largest private telecommunications provider in the province of Quebec. Financial terms of the deal were not disclosed.
Cogeco said Wednesday that it plans to integrate the company into its business communications subsidiary Cogeco Data Services (CDS). With over 1500 kilometres of fibre, MTO Telecom covers the island of Montreal and offers Ethernet broadband connectivity services to carrier, enterprise and public sector customers.
“The combination of Cogeco Data Services and MTO Telecom brings together network infrastructure that enables Cogeco Data Services to expand its reach, particularly in Montréal, adding to its already extensive network spanning Ontario and Quebec”, said CDS president Tony Ciciretto, in the announcement. “Combined with the recently acquired Quiettouch, the acquisition of MTO will provide Cogeco Data’s customers with access to an extended network and a broader range of services, including high-bandwidth network infrastructure, managed connectivity and voice services, data centre facilities, colocation and managed IT services.”
“Both Cogeco Cable and Cogeco Data Services have an excellent reputation in the telecommunications industry”, said MTO Telecom president Phillip Gale. “This is a great opportunity for both our employees and customers and we look forward to working together.”
