Xplornet buys YourLink Saskatchewan for $28.7M

VICTORIA, BC and WOODSTOCK, NB - Xplornet Communications has acquired YourLink’s Internet services operations in Saskatchewan from Vecima Networks in an all-cash deal valued at $28.75 million.YourLink, which provides high-speed wireless Internet to rural and remote communities, will continue to operate and deliver services in Saskatchewan while integrating operations into Xplornet’s regional and national delivery teams, reads Monday’s news release. Rural-focused Internet service provider Xplornet said that the deal accelerates its ongoing expansion in that province."This acquisition will increase our fixed wireless broadband footprint in Saskatchewan and support Xplornet's mission to make affordable, fast and reliable broadband Internet services available to rural Canadians",...