Cable / Telecom News

Satellite service providers hounding Xplore for payments in arrears

One satellite provider wants to initiate bankruptcy proceedings against it By Ahmad Hathout When Xplore announced on June 3 an arrangement to raise new money to fund its expansion of 5G and fibre networks throughout rural communities across the country, the news belied an underlying tension: the rural service provider had defaulted on millions of dollars in monthly payments owed to satellite service providers, who are now asking an Ontario court to force it to pay them back or else allow them to cut services. But there’s an obstacle: On that same June 3 day, an Ontario Superior Court judge...