Cable / Telecom News

Ramtelecom to be sold

OTTAWA – Canadian satellite service provider (business voice and data) RAMTelecom said today it has signed a deal with Houston, Texas-based SkyPort Global Communications to sell the Canadian company for $0.60 a share, or about $8.5 million. Ottawa-based RAMTelecom is a satellite service provider delivering flexible, scalable solutions for broadband data and voice business communications. Its satellite services are designed to meet the fixed and mobile communication requirements of medium and large enterprise customers in oil and gas, mining and government agencies operating anywhere in North America. RAMTelecom anticipates that SkyPort's due diligence will be completed and the definitive agreement...