Cable & Telecom

EXFO acquires Astellia

QUEBEC CITY – EXFO Inc. is another step closer to its planned acquisition French network and subscriber intelligence provider Astellia.The Canadian network test and monitoring technology maker said Wednesday at the Mobile World Congress that it has acquired 97.44% of Astellia’s share capital and at least 95.07% of the voting rights.Given that minority shareholders do not represent more than 5% of the share capital or the voting rights of Astellia, EXFO added that it intends to implement a mandatory squeeze-out of the remaining shares and de-list Astellia from the Euronext Paris Exchange. The entirety of Astellia's equity is valued at approximately €25.9 million...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.