WOODSTOCK – Xplornet Communications announced today it purchased the Municipality of the County of Annapolis’ fibre Internet infrastructure.
The county, which is located in Nova Scotia, sold its infrastructure once it realized it did not have the resources it needed to maintain ownership.
“The County realized that it did not have the necessary manpower or expertise to attend to the many regulatory, financial, legal and administrative obligations ownership demanded, nor was it prudent to court the business risk involved in the project,” said Annapolis County warden Alan Parish, in an Xplornet press release announcing the purchase.
“The deal will ensure that over 8,500 residents and businesses have access to reliable, high-speed Internet service through a fibre optic network,” the release says.
“Xplornet will acquire, manage, and expand the fibre network that the County began installing several years ago, which is capable of delivering up to 1 Gbps service to residential customers and up to 10 Gbps service for businesses.”
The purchase builds on the telecom’s “commitment to invest $500 million over five years to deploy state-of-the-art fibre and fixed wireless technologies in its facilities-based network in order to deliver broadband services to rural Canadians,” the release explains.
“This is good news for Xplornet and for the people of Annapolis County,” said Allison Lenehan, president and CEO of Xplornet.
“We admire the County’s initiative in spearheading its own network and we look forward to building on that by expanding coverage and delivering high-quality service to the people of the region. We are committed to providing next-generation high-speed Internet to homes and businesses in Annapolis County, and across the province of Nova Scotia.”
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