Cable & Telecom

Rogers finishes $24 million Group Telecom buy from Bell

TORONTO - Rogers Telecom Inc. announced today that it has acquired most of the Group Telecom assets in New Brunswick and Nova Scotia from Bell Canada, finishing a transaction announced on May 2, 2005. The transaction – which was originally signed by Call-Net (Sprint Canada) is part of Call-Net's acquisition of the 360networks Corporation (360/GT) customer base in Eastern Canada from Bell Canada, originally announced on November 22, 2004. Specifically, Rogers Telecom has completed the transaction to acquire approximately 3,300 route kilometres of multi-stranded local and regional fibre, switching infrastructure, incumbent local exchange carrier (ILEC) co-locations and point-of-presence (POP) and...