Distributel acquires TNW assets as part of western expansion

TORONTO – Distributel Communications has firmed up its foothold in western Canada after announcing Wednesday that it is buying some of the assets of the Navigata-Westel division of TNW. Financial terms of the deal were not disclosed.In November 2016, a numbered company formerly known as Téliphone Navigata-Westel Communications, a subsidiary of TNW Networks, filed for court protection under the Companies' Creditors Arrangement Act (CCAA) in the Supreme Court of British Columbia. Distributel said that it closed an agreement with monitor Ernst & Young Inc. on September 28 to acquire selected assets of TNW and take over associated operations.The company will...