Cable / Telecom News

OmniGlobe buys RAMTelecom

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...