Northwestel sells FTTH assets in Yukon to group of First Nations corporations

WHITEHORSE – Northwestel announced today at the Arctic Indigenous Investment Conference in Whitehorse it is selling its fibre-to-the-home (FTTH) assets in Yukon to a group of 13 Yukon First Nations development corporations. “For the first time in Canada, the vast majority of a province or territory’s in-community fibre assets are now Indigenous-owned,” according to a Northwestel press release. As part of a new partnership called the Shared Pathways network, Northwestel will make “regular payments for the fibre network’s full use for 20 years, guaranteeing direct economic benefits to participating Yukon First Nation communities for decades. Northwestel will operate and maintain the...