MONTREAL – Cogeco Communications today announced it has signed a deal to acquire iTéract Inc., a telecommunications service provider in southern Quebec. Financial terms were not disclosed. iTéract uses a combination of fixed-wireless and fibre-to-the-home technologies to serve approximately 2,000 customers in large rural regions south of Montreal and Quebec City. “Given the exceptional circumstances due to the Covid-19 crisis, the parties will work to ensure an orderly closing of the transaction, which is expected in the coming weeks,” says the press release. For the time being, it will continue to operate under its brand name, Internexe. As part of...
