MONTREAL – OmniGlobe Networks has completed its purchase of Ottawa-based R. A. Misener Telecom Corporation, the operating subsidiary of RAMTelecom, in a cash deal worth $2.40 million.
Satellite voice and broadband provider RAMTelecom announced the acquisition in December of 2008. OmniGlobe Networks is a global telecommunications company that delivers broadband, cellular and satellite communications products and services to geographic regions where conventional telecommunications are either unavailable, unreliable or too expensive.
"The market for communications services in remote and rural areas is a solidly growing sector of the global telecommunications industry and, moving forward, our focus will be to build on RAM’s North American commercial and operational expertise and to extend it to the oil and gas, mining and forestry markets internationally", said Jason Neale, OmniGlobe’s founder and CEO, in the announcement.
RAMTelecom’s satellite activities will be combined with OmniGlobe’s satellite-WiMAX and broadband business to become a new broadband communications division. This division, based in and operated from Ottawa, will have teleport facilities in Ottawa, Montreal and a future site in Western Canada.
Its mobile satellite phone activities will be combined with OmniGlobe’s satellite-cellular activities to become a new cellular communications division based in and operated from Montreal. It will also have teleport, CDMA and inter-carrier facilities in Montreal, in addition to the site in Western Canada, the announcement detailed.
Effective immediately, the former RAMTelecom company has changed its name to Avalite Inc. Its new website www.avalite.com will be effective June 15, 2009.
