Primus acquires 100% of Globility; begins work on new Canadian metro fibre initiative

TORONTO – In light of changes to Canada’s telecom foreign ownership rules, Primus Telecommunications Group Inc. (PTGi) has acquired the remaining 54.4% of Canadian competitive local exchange carrier Globility Communications Corporation that it didn’t already own. Primus said that the move paves the way for the launch of new metro fibre initiative, which will debut in Ottawa later this year, offering medium-to-large-enterprise customers greater redundancy and faster connectivity options. Established in 1996, Globility provides DSL, Ethernet and local calling services and facilities in most major urban markets across Canada. "The recent changes to the legislation have made this acquisition possible,...