Vecima sells off Saskatchewan radio spectrum to Inukshuk

VICTORIA - Vecima Networks subsidiary YourLink Inc. has sold its Saskatchewan 2.5-2.6 GHz spectrum to Inukshuk Wireless Partnership for $14 million.YourLink currently provides video and broadband Internet access to approximately 19,000 customers through digital wireless services in Saskatchewan and several small cable TV systems in rural British Columbia. Following the sale, YourLink said that it will transition its wireless video customers in Saskatchewan to alternate service providers."As we have said in multiple quarterly calls, Vecima believes that the market value of YourLink's total spectrum holdings before this sale is in the $35 to $50 million range”, said Vecima president and CEO,...